Introduction:
Ever thought about the ripple effects of hurricanes beyond the weather forecast? Tampa Bay's hospitality sector has been taking a beating from Hurricanes Helene and Milton, and the Tampa Bay Beaches Chamber of Commerce stepped up with an innovative way to lighten the load—Visa gift cards.
The Backstory:
Two hurricanes, Helene and Milton, left a trail of devastation, sweeping through businesses and displacing workers from beachside eateries. With the recovery slow and uncertain, the chamber identified a way to make an immediate impact. Through a community fundraising initiative, $30,000 in Visa gift cards will soon find their way to affected hospitality workers.
Why Gift Cards?
It’s simple. As Robin Miller, the Chamber CEO, put it, “It’s enough to pay an electric bill or stock the fridge for a week.” For some, it's a lifeline. For others, a way to make ends meet while waiting for businesses to reopen.
The Bigger Picture:
Hospitality workers aren't just your servers or bartenders. They're the heart of an ecosystem that includes musicians, sales reps, delivery drivers, and cleaning crews. Their economic impact is exponential, yet often overlooked, as highlighted by Matt Vario, a local restaurant owner who saw devastating losses.
Business Takeaway:
This initiative isn’t just about helping individuals; it’s about preserving an industry. Every small gesture contributes to the larger goal of revitalizing Tampa Bay’s economy. A united community can create surprising solutions, even when funds are tight.
Wrapping It Up:
As businesses, this serves as a reminder to think creatively and act swiftly in times of crisis. Sometimes, it’s not about grand gestures but impactful ones.
What’s the smallest step your business has taken during a crisis that made a big difference?
If you enjoyed this post, check out my thoughts on other workplace trends and how small operational tweaks can have a big impact (https://floridacfogroup.com/blog/)
Author
Don Noble, a Partner at the Florida CFO Group and a technology expert, has an extensive background in financial leadership and advisory roles. Leveraging his wealth of experience, he collaborates with businesses to optimize their financial and technological strategies, fostering growth and resilience in a dynamic marketplace. Don is also a doctoral student studying CFO leadership. You can also visit Don’s LinkedIn Profile for more information.
Reference
Alexis Muellner (2024, November 29). Visa gift cards to boost recovery for Tampa Bay’s hurricane-impacted hospitality sector. Tampa Bay Business Journal. https://www.bizjournals.com/tampabay/news/2024/11/29/restaurant-owner-highlights-hospitality-workforce.html
#HospitalityHeroes #CrisisManagement #BusinessLeadership #Innovation Tampa Bay Beaches Chamber of Commerce