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COVID-19 impacts on Hospitality Sector

Added on - 06 Jul 2022

In this document, we study about covid-19 affecting our economy and how globalization and business activity have halted. The covid-19 virus-caused travel-related epidemics initially affected international travelers, affecting the wealthy worldwide. Massive industrial shutdowns and supply chain delays have occurred due to the covid-19 outbreak. It affected the hospitality and travel sectors the most. positive, negative impact on the hospitality and travel sectors.

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Running Head: ESSAY1
Challenges of Hospitality, Leisure and Travel Industry during Covid-19 Pandemic
Essay
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Running Head: ESSAY1
TABLE OF CONTENT
Introduction......................................................................................................................................3
Importance of the Tourism and Hotel Sector...............................................................................3
Discussion........................................................................................................................................4
Positive Impacts of COVID-19 on the Hotel and Tourism Sector..............................................4
Negative Impacts of Covid-19 on the Hotel and Tourism Sector................................................5
Conclusion.......................................................................................................................................6
References....................................................................................................................................7
Running Head: ESSAY1
Challenges of Hospitality, Leisure and Travel Industry during Covid-19 Pandemic
Introduction
The world had awaken in December 2019 to a new Coronavirus disease 2019. This is
known as the COVID-19 abbreviation. The virus that causes SARS is the culprit. COVID-19
presently covers a total of 196 nations and territories (Agrawal, 2020). An attempt to stop the
illness from spreading was launched at that time. There have been partial or entire lockdowns in
several nations due to the sickness. In the wake of the virus, globalisation and business activity
have halted. Alternatives and their effects are as yet unidentified. A new beginning is essential
for most of the economy's wounded sectors to quickly recover in terms of the economy,
employment, and business. Illnesses have long sought to prey on people's dependence on food,
medical treatment, and a stable way of life.
The COVID-19 virus-caused travel-related epidemicsinitially affected international
travellers, affecting the wealthy worldwide. Massive industrial shutdowns and supply chain
delays have occurred due to the Covid-19 outbreak, which has had an unexpected impact on the
world economy. International humanitarian crises will be exacerbated in Africa and UK if the
illness spreads. It is becoming more difficult to get industrial components and completed items
imported from other countries due to a decline in African raw resources and commodities
demand. The UK government has implemented social distance, a five-month emergency that
forces people to work from home, and a ban on all public gatherings to combat cholera in the
middle of the present geopolitical and economic crisis (Agrawal, 2020). This strategy reduced
consumption and expenditure. Employees may often work from their homes or other places, as
many companies do. A worsening of UK's poverty and joblessness is possible.
The majority of contemporary human movement is fueled by tourism. An estimated 1.5
billion international tourists are expected in 2019 and an estimated 1.8 billion by 2030, according
to the World Tourism Organization (2020) (Ahlfeldt, 2021). In many nations, tourism is a major
source of employment and a significant portion of the country's GDP. UK's tourist industry has
only lately begun to positively impact the country's gross domestic product (GDP) and economic
growth.
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This epidemic has led to a worldwide economic crisis, affecting not only tourists but also hotels and events. the healing process must be slow since both the economy and the epidemic are at stake. Both local and global recoupment need considerable marketing and promotional activities.