News for the Hospitality Executive |
by Georges Panayotis May 28, 2013 With two
consecutive quarters of 0.2% growth decline, France officially entered
into
recession, which is not good for the morale of the French or for
business
development. Consumption
may be
reduced by excessive precautionary savings and productive investments
waiting
for better days. The national priority begins foremost with collective
economic
mobilization and not by rearguard battles on the evolution of society,
regardless of respectable opinion. Besides the fact that the recent
protests
against marriage for all show the face of a blocked society, they show
a
strange behavior with respect to the republican law. The democratic
debate was
widely open and public institutions have settled the matter. It is time
to move
on to issues more vital to our future. The division syndrome is rooted
in the
French genes, but it is treatable. For our European neighbors, a form
of
national unity is emerging out of the slump to avoid too-partisan
bickering.
One would hope that the political forces in France show greater
responsibility
to not put on a show for the eyes of the world that is watching us. International media is quickly confusing the
popular unrest on the
Champs-Elysees, the Trocadero and the Invalides, all places of high
tourism,
and security problems experienced by some of our visitors. When
tourism,
particularly international, remains one of the few engines of our
economy that
works, do we need to shoot it in the foot? If our economy is still
dragging its
feet for the moment, we will be happy to benefit from spending by
foreign
visitors and their interest to invest in our businesses. Let us now
show
political civility and intelligence to tackle the real problems of
wealth
creation. Tourism is an obvious source. The Chinese of the Fosun Group
are
convinced of the potentiel when they offer to give Club Med new means
of
development. This is the best recognition of a French know-how in terms
of
leisure, business model, and positive enhancement of the image of a
pioneer in
its field. Despite the setbacks and challenges, the perseverance of the
president to conduct a new strategy is paying off today. The captains
of the
French tourism industry are often better known abroad than in their own
country.
Other examples are not scarced in our sector. After the generation of
inventors, our tourism can rely on real efficient managers. We would
like to
see signs proclaiming it from the Concorde to the Bastille, with all
political
formations marching together.
ABOUT MKG Group Established in 1985 by Georges Panayotis, MKG Group has built a solid reputation for business expertise and substantial European-based know-how in the fields of tourism, lodging and food service. MKG Group meets the needs of each of its clients by providing valuable analytical and decision-making skills necessary for success. www.mkg-group.com |
For further information , please contact : MKG Group - International Development Department Vanguelis Panayotis T. : +33 (0)1 56 56 87 87 [email protected] MKG Hospitality - Media Contact Michael Komodromou Tel: +44 (0)20 7624 4030 [email protected] Web: www.mkg-hospitality.com
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