logo

Challenges of Hospitality, Leisure and Travel Industry during Covid-19 Pandemic

7 Pages1932 Words108 Views
   

Added on  2023-06-12

About This Document

This report discusses the challenges faced by the hospitality, leisure, and travel industry during the Covid-19 pandemic. It covers the impact of the pandemic on the tourism sector, loss of jobs, and the decline of the economy. The report also suggests strategies for businesses to survive during and post-Covid period.

Challenges of Hospitality, Leisure and Travel Industry during Covid-19 Pandemic

   Added on 2023-06-12

ShareRelated Documents
Academic Writing for
Business and
Management
1
Challenges of Hospitality, Leisure and Travel Industry during Covid-19 Pandemic_1
Table of Contents
Introduction.....................................................................................................................................3
Main body........................................................................................................................................3
Conclusion.......................................................................................................................................6
References ......................................................................................................................................7
2
Challenges of Hospitality, Leisure and Travel Industry during Covid-19 Pandemic_2
Introduction
Academic writing for business and management is associated with developing content
regarding concepts, relevance and issues regarding businesses in different sectors. It helps
students in encouraging to apply their academic skills in order to deepen the understanding of
business management. This report studies one of the major current issue that businesses are
facing in recent times. The format of this report is an individual essay on the topic Challenges of
Hospitality, Leisure and Travel industry during Covid-19 pandemic. The severe pandemic
has emerged a number of issues and challenges for various business sectors and overall caused
downfall of economy. This report includes discussion on how tourism sector suffered a great
deal of decline and difficulties in the duration of pandemic. The relevance of this topic is
critically significant as it is an emerging issue which has caused disturbance and resulted in
collapse of the tourism sector. The social restrictions implied by government on businesses and
movement of people resulted in downfall of various businesses of tourism industry. Covid-19
pandemic has caused serious implications through completely terminating leisure and
entertainment activities of individuals. Many small-scale industries and medium-sized
enterprises have to wind up their businesses due to their inability to cope with huge losses. Even
large-scale companies has to face losses due to discontinuation of their revenue operations which
affected them to a substantial extent.
Main body
Tourism industry is one of the most crucial economic forces which is contributing
massively in the overall growth and development worldwide. The abrupt emergence of pandemic
has caused loss of approximately 4.5 trillion US dollars. The consequences of fatal corona virus
caused reduction in number of domestic visitors by 45% while this number in context to
international visitors were reduced by 69.4% in comparison with 2019. Tourism is a major sector
which was influenced greatly by the critical pandemic resulting in downfall of economy, loss of
jobs and opportunities, impacted livelihoods and public services worldwide. It has stopped flow
of movement of individuals which implies losses of businesses as well as created a great deal of
disturbance in livelihood of individuals (Kumar, Normala and Belhadi, 2021). The sudden
outbreak of covid-19 pandemic has resulted in massive losses and forced shutdown of many
small-scale or medium-sized enterprises declining overall contribution. The consequences of
3
Challenges of Hospitality, Leisure and Travel Industry during Covid-19 Pandemic_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Digital Tourism: The Growing Significance of Staycations and Virtual Tours
|23
|2758
|293

Impact of Covid19 on UK Tourism Industry
|8
|2223
|137

Impact of COVID-19 on UK's Tourism Industry
|7
|1890
|348

Challenges of Hospitality, Leisure and Travel industry during Covid-19 pandemic
|8
|2056
|387

Impacts of Covid-19 on Tourism Industry - Essay
|7
|1834
|67

Impact of COVID-19 on VisitBritain's Performance and Management
|12
|2217
|71