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Impact of COVID-19 on the Hospitality Industry: Climbing Towards Recovery PDF
By:Kahkasha Wahab
Published on 2021-07-26 by Eliva Press

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This comprehensive research has been undertaken to evaluate the impact of COVID-19 in the hotel and restaurant industry. Amid temporary closures, introducing drive-thru, pick-up, third party deliveries, implementation of new technologies, and finally reopening, the restaurant industry has gone through ups and downs. Many restaurants could not afford to return to business and many lost track and employees. To evaluate the impact of COVID-19, this paper has discussed the three vital stages of the recent life of the restaurant - |Pre COVID-19|, |During COVID-19| and |After COVID-19|. The descriptive research has been conducted on independent restaurants to shed light on how COVID-19 has impacted them and also suggested the possible effects of survival. A variety of key themes have arisen from the findings. Firstly, the reopened hotels and restaurants workers have laid off or furloughed more than 50% of workers in Bangladesh. According to a National Restaurant Association study of the economic impact of the corona-virus crisis, the entire restaurant industry is forecast to sustain $240 billion in losses by the end of 2020. Secondly, contrary to previous research, we find that many small companies are financially weaker than before. Therefore, the purpose of this analysis is also to explore the potential effect of the COVID-19 in the hospitality sector due to the restricted movement, summarize the lessons that were learned from other similar epidemics and global crises, and exploring the potential steps towards recovery.

This Book was ranked at 37 by Google Books for keyword Hospitality business.

Book ID of Impact of COVID-19 on the Hospitality Industry: Climbing Towards Recovery's Books is 9riPzgEACAAJ, Book which was written byKahkasha Wahabhave ETAG "UD0N+tAcQ3M"

Book which was published by Eliva Press since 2021-07-26 have ISBNs, ISBN 13 Code is 9781636482811 and ISBN 10 Code is 1636482813

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Book which have "44 Pages" is Printed at BOOK under CategoryBusiness and Economics

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