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Tourism Industry Risk Assessment Form
Tourism Industry Risk Assessment Form
Tourism Industry Risk Assessment Form
Instructions:
This form is designed to identify and assess risks related to the tourism industry. The
objective is to evaluate potential risks and develop strategies for risk mitigation and
management. Please rate each risk factor based on its likelihood and impact.
Risk Assessment:
developments.
Diversify transportation
5. Transportation providers, maintain buffer
Disruptions 3 3 LOW stock.
Diversify investments,
7. Financial Risks (e.g., maintain healthy cash
economic downturn) 5 5 HIGH reserves.
Monitor competitors,
innovate, and adopt to market
8. Competitive Risks 4 3 MEDIUM changes.
Describe the specific measures, strategies, and actions that will be taken to
mitigate and manage the identified high-risk factors.
MEMBERS
SANDARA SORNITO
COLENE DELGADO
RICHELEE LAGUNA