Beyond the Flood Line: The Cost of Climate Disruption in Travel and Tourism - LIVE Interactive Workshop #17/32
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This workshop #17 in a series of 30+ weekly sessions.
Agenda:
What we’ll cover:
Why the building address isn’t enough. Hotels outside a flood, hurricane or wildfire zone lose bookings too. Modelling business interruption means looking beyond the property itself to the wider affected area.
Losses without damage. Resorts, museums, attractions and whole towns left physically untouched can still lose up to 90% of their business for weeks or even months after nearby floods, storms and wildfires.
Examples of business losses - detailed review:
Rhodes wildfires, Greece (July 2023): €25M loss for a single tour operator, TUI Group
Maui wildfires, USA (Aug 2023): $53M loss for Marriott Vacations
Valencia floods, Spain (Oct 2024): €4B in tourism losses, according to the regional tourism minister
Heathrow Airport shutdown, UK (March 2025): 18 hours closed, costing the airline industry £60M
Cat 5 Hurricane Melissa, Jamaica (Oct 2025): a US$10M loss for Hyatt
From benchmarks to expected loss modeling. We’ll explain how loss data from non-climate disruptions can be used in expected loss calculations.
Format: a one-hour interactive online workshop with dynamic discussions and answers to your questions. Microphones on, cameras on, and NO recordings. Don’t miss the opportunity to ask questions and discuss them with your peers!
Workshop materials, slides, and video tutorials are already available in the shared Drive for participants.
You can book sessions individually.
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Your Host
Elena Maksimovich, PhD, CTO, Head of Climate Data Elena is a geoscientist and Expert Reviewer for the IPCC AR6 WGI, with a focus on adaptation, resilience, impact assessment, and parametric insurance design. Her strength lies in translating complex climate science into clear, decision-ready insights that support practical action across sectors. With a strong commitment to accessibility, Elena works to ensure that climate risk knowledge is understandable and usable for a wide range of stakeholders, bringing deep technical expertise together with a purpose-driven approach.
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