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

This report highlights the challenges faced by the hospitality, leisure, and travel industry during the Covid-19 pandemic and the positive and negative impacts of the pandemic on the industry.

Academic Writing for Business
and Management

Table of Contents
Introduction......................................................................................................................................1
Main Body.......................................................................................................................................1
Conclusion.......................................................................................................................................3
References........................................................................................................................................5

Introduction
The academic writing for business and management plays an very essential role in the
effective functioning and performance of the business. the academic writing is one of the most
important tool of communication used by the business organisation in order to transfer required
information and knowledge in a particular area of study, effectively writing will benefit in
analysing, transferring, understanding, think effectively and focus on tools and techniques. The
academic writing will allow individuals to effectively identify, search important information
which will be helpful in solving the business and management problems, also the understanding
of the academic writing will also help in understanding the problem related to the management
and business and which can be solved through effective academic skills. The effective use of
academic skills and academic practices will helps in avoiding any kinds of academic misconduct.
There are various academic resources available which can be used by the individual in the field
of business and management for better results or outcomes. This report highlights the various
challenges faced by the hospitality, leisure and the travel industry during the Covid-19 pandemic,
the difficulties and challenges faced by them is highlighted in this report. In addition there are
various positive and negative impact of everything, however the current pandemic also had both
positive and negative impact on the functioning of the hospitality and travel industry. The
various positive and negative impact of the current pandemic on the hospitality, leisure and the
travel industry is also explained in this report.
Main Body
Various challenges faced by Hospitality, Leisure and Travel industry during Covid-19 pandemic
The current pandemic Covid 19 has not only caused the millions of death, but also lead to
the creating huge changes in the lives of individuals around the globe through effecting the
global economy, large number of businesses are directly impacted through the current pandemic
but out of all the most impacted industry because of the current pandemic was the hospitality and
travel industry (Impact of COVID-19 on travel and tourism industry and ways of recovery,
2021). As per the world travel and tourism council, the current pandemic has cost around 22
billion to the travel and tourism industry in addition to this there was loss of 50 millions jobs
around the globe (Cunliffe, 2021). The tourism and hospitality industry are the major source of
income for any country through providing large number of employment opportunities are
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services large number of customers, they are major sources of growth and development for the
economy of the country because of their major contribution. The tourism beings huge amount of
income in payment of products and services present, measurable for the considerable factor of
the globe’s export of goods and services. The spread of current pandemic covid 19 has impacted
largely the tourism and travel industry as the countries around the world continue to put
restriction on the entry and exist, the hotels and hospitality industry facing reduction in the
demand (Harmon, 2019). For example in Hungary alone, they have faced the around 50%
cancellation of the hotel reserves because of the current pandemic. In addition to this in
hospitality industry more 8 million people’s job are at the risk along with 50 million job in the
travel and tourism industry. The outbreak of the current pandemic Covid 19 has directly
influenced the every aspects of the individual life, whether it is socially and cultural factors of
the country, whether it is personal or professional life each had been effected due to the current
pandemic (Hospitality and tourism industry amid COVID-19 pandemic, 2021). The hospitality
industry has been impacted largely as the industry is not able to get the customers and their
services has been stopped due to the various restrictions and control imposed by the countries
which has lead to the effecting the profitability and productivity of the business. The profitability
of these industries has been largely impacted.
Due to the present pandemic situation various travel restrictions and ban on the travel has
been imposed by the government of various countries. The border closed, ban on travel, fear of
being quartine has created huge challenges for the hospitality and travel industry. It has also
impacted the hotel industry as because of the travel ban and social distancing policy imposed
which leads to creating drastic impact on the various hostels around the globe effecting their
profitability and productivity, not only the profitability the jobs of the people were also at the
risk. In addition to this with increasing risk of the pandemic created fear among the employees
which leads to creating challenge for the management to handle and manage their employees and
trained them for the remote work effectively. large number of employees were given the remote
work where they were asked to work from the home in order to avoid social distancing, but
working from home was somewhat a challenge for the employees and managing them was a
challenge for the employers (Holtham and Dove, 2018). The hostel industry has faced a huge
amount of loss due to the current pandemic as many hotels around the globe has recorded a big
turn down in their bookings or reservations because of the health safety as well as the restaurants
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were also not allowed to provide their services only the delivery services were allowed in many
countries. Many hotels and restaurants were put on the temporary suspension on their normal
operations which leads to the general loss of around 24.5 million world widely, and 3.9 in the US
alone. Even the economic impact of the current pandemic covid 19 on the hotel industry was
huge. With the continue decline in the profitability and sale as well as income it will be difficult
for most of the hospitality and travel industry around the globe continue to pay their employees
which can leads to large number of job loss and employees turnover around the globe. It is
analysed that many hotels around the globe are already closing down because of the huge loss
faced by them and unable to satisfy their employees and also unable to pay their salary because
of the current pandemic Covid 19 (Hyland, 2018).
Whereas as per the world tourism organisation, the global tourism has implied that the
industry will continue to grow and develop for the continue 10 years stating around 1.5 billion
international tourist arrivals in 2019 as well as expecting around 1.8 billion international tourist
approaching by the year 2030 as expected by the WTO effectively. with the negative impact the
industry can also moving towards the positive impact of the current pandemic such as the travel
and hospitality industry is effectively growing towards the use of various advance technology
such the use of robotic and drone machines are coming in action in order to avoid social
distancing, this will helps industry in the future to effectively enhance their profitability and
productivity and also attracting large number of customers also (Karpenko-Seccombe, 2020). It
will also allow industry to restructure their strategies and policies which will help them in
enhancing their performance. Also the travel industry is an ongoing and profitable industry, with
proper precautions and measure they will be able to regain their position and profitability in the
marketplace. The proper measures and precautions will help the industries to tackle this current
pandemic effectively and efficiently and leading towards enhancing their performance in the
marketplace (Katz and Green, 2018).
Conclusion
For the above report it is concluded that the effective writing skills helps in understanding
the problem and solving various business and management issues effectively. this report helps in
analysing that the identifying and searching relevant information which can effectively help in
the solving the issues related to the business and management. For the above report it is analysed
that the current pandemic Covid 19 has directly impacted the profitability and functioning of
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many business and under this the hospitality is the most impacted business due to the current
pandemic. The various challenges faced by the Hospitality, travel industry faced because of the
current Pandemic Covid 119 is highlighted in this report, the profitability of the travel industry
has largely impacted because of the lockdown in the countries. This report highlights the positive
and negative impact of the current pandemic Covid 19 on the Hospitality and travel industry, the
various negative impact of the industry such as loss of job opportunities and reduction in the
profitability ahs largely impacted the industry, however industry is also using various advance
and well developed technology in order to avoid any kind of social distancing as mentioned in
this report. The positive impact will help in regain the position of the industries in the
marketplace. The report helps in analysing the various positive and negative impact of the
current pandemic of covid 19 as highlighted in this report.
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References
Books and Journals
Cunliffe, A.L., 2021. A very short, fairly interesting and reasonably cheap book about
management. Sage.
Harmon, P., 2019. Business process change: a business process management guide for managers
and process professionals. Morgan Kaufmann.
Holtham, C. and Dove, A., 2018. Genre and regenring for educating managers in reflective
practice. Journal of Writing in Creative Practice, 11(1), pp.139-150.
Hyland, K., 2018. Metadiscourse: Exploring interaction in writing. Bloomsbury Publishing.
Karpenko-Seccombe, T., 2020. Academic Writing with Corpora: A Resource Book for Data-
driven Learning. Routledge.
Katz, J.A. and Green, R.P., 2018. Entrepreneurial small business. McGraw-Hill Education,.
Mahaliyanaarachchi, R., 2018. Writing a Publishable Research or Review Paper. Journal of
Agricultural Sciences–Sri Lanka, 13(1).
Martin-Sardesai, A. and Guthrie, J., 2018. Human capital loss in an academic performance
measurement system. Journal of Intellectual Capital.
Murray, R., 2019. Writing for Academic Journals 4e. McGraw-Hill Education (UK).
Plotkin, D., 2020. Data stewardship: An actionable guide to effective data management and data
governance. Academic Press.
Online
Impact of COVID-19 on travel and tourism industry and ways of recovery, 2021 [online]
Available through; https://www.financialexpress.com/lifestyle/travel-tourism/impact-of-covid-
19-on-travel-and-tourism-industry-and-ways-of-recovery/2183029/
Hospitality and tourism industry amid COVID-19 pandemic, 2021 [Online] Available through;
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7528873/
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