Impact on female-led Pacific businesses deepens as COVID-19 takes its toll

Despite this, Pacific businesses continue to adapt; an increasing number have scaled back operations, with fully operational female-led businesses decreasing to 23 per cent (down from 29 percent during Survey 4 of the PTI Pacific Business Monitor), and partially operational businesses increasing from 29 per cent to 41 per cent.

Commenting on the Survey 5 findings, PTI Australia Trade & Investment Commissioner Caleb Jarvis noted that the pandemic is biting hard for all businesses – particularly those led by women.

Impacts of COVID-19 on Tourism Industry

The survey was aimed at assessing the impact of the coronavirus pandemic on the industry.

Overall, the tourism industry contributes over K0.5 billion to the nation’s economy every year.

The survey found it will report far short of that this year.

A total of 44 respondents including hotels, tour operators, guest house owners, industry associations, airlines, product owners, and parks participated in the survey, which revealed massive losses they suffered in key areas of their businesses.