The hospitality industry
Time for recovery
The hospitality industry has faced challenges as a result of the COVID-19 pandemic. The industry is at a turning point and leaders need to focus on recovery for the future. Learn how leaders can navigate the changes.
About the report
COVID-19: The hospitality sector
The hospitality industry is facing enormous challenges as a result of the COVID-19 pandemic putting huge strains on both supply and demand. In the last 12 months, COVID-19 has continued to affect the industry with periods of lock-down, international and local restrictions on movement and a situation of emergency due to financial difficulties. Decreased revenues have led to uncertainty in the whole hospitality and travel ecosystem. The operational and financial challenges, coupled with the timing and speed of recovery dependent on vaccination rollouts and acceptance showcases a wary timeline and return to “normal”. The industry is at a turning point and leaders need to focus on recovery for the future.
Explore the report:
- Part One delves into an overview of the economic impact of COVID-19 and the expected recovery timelines for the industry
- Part Two details the concerns hospitality leaders face and steps for appropriate action
- Part Three describes the steps our clients are taking to develop a financial liquidity turnaround strategy
- Part Four explores a case study
