
Impact of Covid-19 and subsequent lockdown on the hospitality industry
Impact of Covid-19 and subsequent lockdown on the hospitality industry
With the pandemic's reach to every corner of the world, people are understandably concerned about the safety of themselves and their families. This is especially so for governments who have to worry about their ability to manage the pandemic within their borders and also use this moment to create more economic growth. In an economy like China, where economic growth has been stagnant for many years now, this will severely limit its ability to combat COVID-19. Thanks to our clients for your quick reaction. We are proud to see that our hospitality and leisure clients, being the first ones that experienced the extreme bad weather conditions, are moving quickly and remain focussed to understand and quantify the operational and financial impact for their business.
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