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Discuss how international companies like Werden may find it more complex than other companies in the management of risks as part of their business /
Discuss how international companies like Werden may find it more complex than other companies in the management of risks as part of their business / operations.
Case study: Werden resorts and spas Werden resorts and spas is a French company specialising in management of high-end resorts and spas. It had become a leading player in the sector over the last 20 years and had also been expanding into several new countries. The covid 19 pandemic has hit the tourism and hospitality industry hard in 2020 and the company was also hard hit by the strong absence of international tourism and declining leisure spending in 2020 and 2021. The company has had a strong presence in Asia over the last few years and was just beginning to enjoy healthy profits when the pandemic struck. What has made the company's operations complicated is the difficulties in laying off staff in a few of the countries it has operations in. The company is also introducing new technologies in its resorts and spas, some of which are to enable the operations to become more sustainable, like enabling the reduction of energy and water.
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