Experiential Learning: Impact of COVID-19 on Hotels and Strategies for Coping Up with Stress

EXPERIENTIAL
LEARNING

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
PART 1............................................................................................................................................3
Fieldwork data, literature and other sources...............................................................................3
PART 2............................................................................................................................................5
Reflection....................................................................................................................................5
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................9

PART 1
Fieldwork data, literature and other sources
With respect to the current business environment it is clear that the current pandemic has
affected the overall economy to a great extent. By analysing the secondary sources, it is clear that
majorly the hospitality industry has been affected to a great extent (Keogh-Brown and et.al.,
2020). Majorly the hotels segment within the hospitality sector is being affected and because of
this profitability of the hotels has reduced. With respect to this question the interview will be
taking place for analysing the impact of COVID 19 and the measures taken for improving the
business after the effects of pandemic.
Analysis and literature
Impact of current pandemic over the hotel
With the analysis of the views of different people it was evaluated the impact of the
pandemic over the hotel industry was negative. This is particularly because of the reason that due
to the current pandemic the economy was shut down. Due to the shutdown people were not
allowed to travel to any other country. Hence as a result of this the hospitality sector was also
shutdown. Thus due to this reason the sales of the hotels decreased to a great extent. Along with
this and other key impact of the current pandemic over the hotel was the increase in
unemployment (Marinakou, Giousmpasoglou and Zopiatis, 2021). This is particularly because of
the reason that due to the shutdown of the hotels there was employee cut off. Thus as a result of
this many people lost their jobs and this severely affected the overall economy working
condition. In addition to this another major impact of the current pandemic over the hotel
industry was that there was a decrease in the sales revenue of the hotels. This was particularly
because of the reason that many people have the fear of getting infected by going to the hotels.
Hence as a result of this the sales of the hotel decreased to a great extent. In addition to this there
was shortage of finance by the hotel in order to meet the day to day expenses.
Use of strategy which hotel is implementing in overcoming impact of COVID
With the evaluation of the different views of the interviewee it was evaluated that there
are different strategies which are available to the hotels in order to overcome the impact of
covid-19 (Izadi, Foroudi and Nazarian, 2021). All these strategies will assist the hotels and the
hospitality sector to overcome the negative impact of the current pandemic. All these strategies