Tourism on the Cheap: Who benefits, and who bears the real costs?

This Masterclass will delve into who the most relevant stakeholders involved in low-cost tourism are, and how both the benefits and the costs are being shared among them. The discussion looks at travelers, of course, but perhaps more interestingly, at other key stakeholders such as entrepreneurs and companies, venture capital and private equity investors, and both national governments and local authorities.

The content of the talk will focus on the business practices and economics that fuel the sector and offer practical examples of low-cost tourism companies making parallels with other companies operating in spaces such as finance or e-commerce, and the content expert leading the talk will help participants think more broadly about the real costs of low-cost tourism, including effects such as wage deflation or environmental impact, and the implications for ourselves as consumers, entrepreneurs, managers or investors, and indeed society as a whole.