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(BM7705)-Dissertation MSC International business

   

Added on  2023-05-15

10 Pages2971 Words130 Views
-23
MSC International business
STUDENT NAME: ISMAT JAHAN
STUDENT ID: S4215652

Contents
INTRODUCTION...............................................................................................................................2
RESEARCH CONTEXT....................................................................................................................2
RESEARCH AIM................................................................................................................................3
RESEARCH OBJECTIVES...............................................................................................................3
RESEARCH QUESTIONS.................................................................................................................3
LITERATURE REVIEW...................................................................................................................4
COVID-19 pandemic in the England.................................................................................................4
TOURISM AND HOSPITALITY.....................................................................................................4
METHODOLOGY..............................................................................................................................6
REFERENCES....................................................................................................................................6
APPENDIX..........................................................................................................................................8
1 | P a g e

INTRODUCTION
Beginning in early January 2020, the recent coronavirus (COVID-19) caused worry around
the world, and by the end of March 2020, the epidemic had infected a number of individuals
internationally. Based on the statistics of previous epidemics like SARS, Spanish Flu, etc.,
the intensity of the pandemic may be estimated. The COVID-19 virus, which was classified
as a pandemic on March 12, 2020, has a significant impact on the tourism and hospitality
industries. (WHO, 2020)
The COVID-19 pandemic resulted in a global loss of 100.08 million jobs in the travel and
tourism sector. (Statista, 2022) The England tourist business has grown rapidly in the last ten
years, and by 2025, it is expected to be worth £257 billion. However, due to restrictions put
on tourism, the hotel industry, and the leisure sector, its value has drastically dropped.
(Hanson, 2021)
Flights were grounded and tourist and hospitality industries were shut down during the initial
lockdown in the England, which started on March 23, 2020. Following the gradual easing of
restrictions, these companies had to adjust to new capacity and social distancing rules,
operating curfews, a second four-week national lockdown starting in November 2020,
followed by a third national lockdown, which was expected to result in declining revenues,
job losses, and general uncertainty. (Carr, 2020)
The implementation of these regulations has had a substantial negative impact on the demand
for hospitality and tourism, and it has caused several companies involved in these sectors to
temporarily close their doors. (Bartik et al., 2020) This has in turn created a number of
upcoming study possibilities for academics to learn more about and analyse how recovery
plans are being implemented in the two sectors. Therefore, this study examines COVID-19's
effects on England tourism and the hospitality sector.
RESEARCH CONTEXT
2 | P a g e

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