The global coronavirus pandemic first surprised the world with its rapid spread and devastating consequences for the health and lives of more than half of humanity in many countries across all continents. It then halted the economy and forced citizens into drastic isolation measures. All of this has caused significant changes in the ways of working across all segments of the economy, in the lives and behaviors of citizens, and in contemplating the future for all of us.
In Jadran, activities in preparation for the tourist season proceeded under the given circumstances. The majority of employees continued to work from home wherever possible, and we moved a significant portion of our activities to online platforms and social networks, thus maintaining mutual communication, relationships with partners, state and public institutions, as well as the tourism market. All of this proved beneficial, as we, out of necessity, accelerated some processes of digitalization in our business. We will continue in this manner as it has proven to be more efficient in many segments of business – we are faster, there is no paperwork, stamps and many other things that previously slowed us down, and costs are lower. If only the state administration would continue in this way, we would all be more efficient together. It is true that this will very quickly lead to surpluses of people in certain phases of business, but as companies must adapt to new conditions, employees will also find new jobs within the company.
Those who adapt more quickly to the new circumstances will have greater chances of retaining their existing market space or gaining new market share. The corona crisis is indeed a major problem, but it has also brought new opportunities in the new market redistribution. Along with all the operational adjustments to the new situation, it is clear that there will be a significant shift in thinking related to both short-term and long-term development guidelines.
Jadran enters the season with significantly larger and more modern capacities, which is the result of a previously initiated investment cycle, as well as a growth strategy based on leasing new capacities. The time ahead will be a period of financial consolidation, which will inevitably, at least temporarily, slow down existing development plans.
The forced isolation of citizens, travel bans between certain parts of the country, and between states have completely paralyzed the tourism industry. Now that travel has slowly begun again, precautionary measures such as maintaining physical distance among people in public spaces remain, which significantly affects previous behaviors in tourism.
It is certain that for the foreseeable future, nothing will be the same, there will be no mass gatherings in hotels, which calls into question congress tourism, capacities in restaurants and cafes have been reduced, which inevitably decreases the financial potential of businesses, and on beaches, distancing will need to be ensured, knowing that overcrowding on beaches was one of our biggest problems until yesterday.
Personally, I believe that we will solve many unknowns on the go and find solutions acceptable to everyone. I rely on the saying ‘Never has it been that there was no way’, and I believe that over time, much will return to normal even before a vaccine is found. When we talk about this year’s season, it is expected that guests will prefer accommodations that provide a certain level of individual safety or ‘social distance’, which means that camps, holiday villas, and apartments will be in a more favorable position, while hotel accommodations will need to find ways to gain guests’ trust for some time.
