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Impact of COVID-19 on Hospitality Sector by srishti bhateja is a document available to read on EtoBox.
The COVID-19 pandemic has severely impacted the global hospitality industry. International tourist numbers grew steadily from 1992 to 2016 but have since declined sharply. The pandemic resulted in a 65% reduction in hotel occupancy worldwide. In India, tourism activities halted, threatening 3.8 crore jobs. Hotel chains reduced capacities and revenues declined substantially. The industry may take until the end of 2020 to recover to normal levels assuming the virus lasts only until June. Further shutdowns cou
- Author
- srishti bhateja
- Language
- EN