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Cyber Attack or Data Breach
Cyber attacks are, and will remain, a top risk across all geographies and industry sectors. All leaders need a cyber game plan.
Industry Overview
Hospitality, Travel and Leisure
An Industry Under Pressure Requires a Proactive Approach to Risk and People
As the hospitality, travel and leisure industry continues to rebuild from the devastating effects of the pandemic, it faces both new and familiar challenges. Economic uncertainty, rising costs and talent shortages make day-to-day operations more difficult, while emerging risks, such as climate change and cyber attacks, present emerging threats.
Going forward, focusing on novel human capital strategies and the total cost of risk, alongside effective risk management and risk transfer strategies, will be vital. For example, the use of new risk financing strategies and captive or protected cell captive insurers is likely to accelerate.
Our experience enables us to provide human capital, risk management, risk mitigation and risk transfer advice tailor-made to the industry. Whether it’s better equipping your organization to deal with external business interruptions, attract and retain key talent, or helping to ensure you’re protected against data breaches, our advice is designed to enhance your ability to pre-empt and respond to the challenges you face.
Top 5 Current Risks
According to our latest Global Risk Management Survey, the biggest risks facing the Hospitality, Travel and Leisure industry include:
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Climate Change's Health Impacts Now a Focus of Workforce Resilience Plans
Climate change has a negative impact on employee health and wellbeing. More employers are now addressing these challenges head-on.
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Leading the Biofuels Transition: Risk Strategies to Cut Through Complexity
Companies aiming to be a net-zero company may face many challenges during the biofuels transition. Read more on risk strategies to cut through complexity.
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On Aon Podcast 70: What Climate Risk Means for the Future of Responsible Investing
Episode 70: Aon experts discuss decarbonization, responsible investing, and tactics for greater resilience and how critical it is to navigate the broad landscape of climate-related investment risks and opportunities.
