When will the Event industry recover from Corona Virus ?

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Coronoa virus risks down Event industry 

2020 was supposed to be a most promising year for event industry but despite of this it has become the most damaging year for industry .

Till now there is no chance expected for the recovery period till now .
All citizens & even event agencies are motivating every one globally to participate eagerly in lock down .

The most challenging thing is that no body knows really that -When will it be safe to schedule your event ?

Every day there is a new future with new crisis of corona as watching the position of entire world ....daily the COVID 19 patients are increasing .
People say or i don't know that its expected to have a vaccine in Sept .

Automobile industry faces a worst effect - 
As this year in India we already turned from VS -4 to VS - 6 versions which has effected the industry but the all bright hopes were in 2020 with the launch of new segments with new technology . 
It was all set for all automotive brands to have a revolution of battery operated cars , but the diverse effect of corona has postponed all .


Assumptions -

On CNBC German health minister confirmed that currently we don't have any antibody test to determine people immunity .
To check weather people have immunity so that they can return to the critical infrastructure .
While these things can be an option for economic comeback .

But there is no good news for events .


- Immunity has a vital role which seems very risky at events .
- The level of associated with the decision to hold everything, event may continue an year .
- Postpone may be with this we will be able to return to the actual situation by 2021 .
- No cash flow all payments stopped.
- Transitioning the career to virtual event planner .
- This all has broken the spine of event industry .
- As the no. of corona cases are climbing day by day the whole economy is shattered.

This is what i think when i saw news channels , social media and even casual conversations that people are really scared of the current situation and meanwhile they are equally worried about their business .


Comments

  1. Plan 3 Media - Event Management CompanySeptember 3, 2021 at 2:25 AM

    Hello From plan 3 Media I would like to give many thanks for sharing such a superb post with us. The post is very informative because it contains some instructive knowledge and its very usefull for all of us, Thanks for sharing it. Keep Posting.
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