WMUR · 25 Sep, 22:25 · Business briefing

Pappas hears from Lakes Region business owners about rising costs, fewer visitors

Local business owners in New Hampshire’s Lakes Region are reporting significant financial pressures to Pappas.

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The briefing

The story
in brief.

What happened, who it affects, and why it landed on our intelligence desk — in plain English, sixty seconds or less.

Local business owners in New Hampshire’s Lakes Region are reporting significant financial pressures to Pappas. They cite escalating operational costs alongside a noticeable decline in visitor numbers as primary challenges. This combination threatens the viability of enterprises reliant on seasonal tourism and local commerce. The situation highlights broader economic vulnerabilities in regions dependent on leisure travel. Stakeholders are concerned about the long-term sustainability of their business models amidst these shifting market conditions. The report underscores the urgent need for adaptive strategies to mitigate financial risks and retain customer interest in a competitive landscape.

Employer demand for Tourism And Hospitality skills — indexed growth since 2019
Indicative index of skill mentions in professional job postings for the field this story moves (2019 = 1)
20191x20201.3x20211.8x20222.6x20233.8x20245.4x20257.8x202610.5x
Your move

What this means
for your career.

Every headline redistributes opportunity. Here is who this one rewards — and how to be on the right side of it.

You must adapt to shrinking margins and volatile customer demand. Traditional tourism roles face uncertainty, but professionals skilled in cost optimisation and digital customer acquisition will thrive. Focus on mastering data-driven marketing to reach fewer but higher-value visitors. Learn to analyse operational inefficiencies and implement lean management techniques. If you work in hospitality or local retail, prioritise skills in revenue management and customer retention. Explore upskilling in digital channels to bypass physical footfall limitations. Smart professionals will proactively develop contingency plans and diversify income streams. Your next step is to audit your current skill set against these emerging needs and enrol in targeted training to future-proof your career against economic downturns.

For this story, the fields that convert it into pay are Tourism And Hospitality, Business And Management, Digital Marketing and Finance and Accounting — exactly the programmes matched below. The chart shows the indicative salary uplift certified professionals report in each of those fields; every one of them is a click away, from £79, finishing in as few as 20 days.

Indicative salary uplift in the fields matched to this story
Indicative ranges from published continuing-education salary studies, by field — each field is a recommended course below
Tourism And Hospitality+23%Business And Management+34%Digital Marketing+32%Finance and Accounting+32%

This briefing is based on reporting by WMUR on 25 Sep, 22:25. Read the original coverage →

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