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Global Journal of Flexible Systems Management
Published in: Global Journal of Flexible Systems Management 1/2023

15-02-2024 | INVITED PAPER

Financial Distress and Resilience in the Hospitality Industry: Learnings from a Fijian Resort

Authors: Avanish Kumar Shukla, Arun A. Elias

Published in: Global Journal of Flexible Systems Management | Special Issue 1/2023

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Abstract

The global upheaval caused by the coronavirus pandemic posed unprecedented challenges for various industries and organisations. Among one of the most severely impacted were those in the hospitality sector, grappling with distinctive adversities to ensure their survival. This research delves into the financial hardships faced by the hospitality sector in the Pacific, with a specific focus on strategies employed for resilience. Utilising a qualitative methodology, the study offers a narrative drawn from the experiences of a luxury resort in Fiji. The insights derived from this investigation contribute to a framework for building resilience during times of uncertainty. This framework, rooted in a case study, stands poised to guide other organisations facing similar crises by pinpointing essential activities and formulating pertinent strategies and operational plans.
previous article Analyzing the Inter-relationships of Business Recovery Challenges in the Manufacturing Industry: Implications for Post-pandemic Supply Chain Resilience
next article Post-Pandemic Resilience in the Pacific: A Research Agenda Linking Regional Supply Chains and Business Process Outsourcing in Fiji

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Metadata
Title
Financial Distress and Resilience in the Hospitality Industry: Learnings from a Fijian Resort
Authors
Avanish Kumar Shukla
Arun A. Elias
Publication date
15-02-2024
Publisher
Springer India
Published in
Global Journal of Flexible Systems Management / Issue Special Issue 1/2023
Print ISSN: 0972-2696
Electronic ISSN: 0974-0198
DOI
https://doi.org/10.1007/s40171-024-00376-1

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