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

Business management

Table of Contents
INTRODUCTION ..........................................................................................................................3
MAIN BODY...................................................................................................................................3
TASK ..............................................................................................................................................3
The challenges faced by hospitality, leisure and travel industry during COVID 19..................3
CONCLUSION ...............................................................................................................................6
REFERNCES:..................................................................................................................................7
Books and Journals:....................................................................................................................7

INTRODUCTION
Hospitality industry comes under the most versatile sector into huge business environment. This
sector is known for providing best services related with accommodations, food and beverages,
leisure, resorts and entertainment. The industry is taking rapid rise due to rising urge in people
for travel to eliminate stress and anxiety by feeling the beauty of nature and environment.
Therefore, tourists are the main source of earning for hospitality sector ad require to maintain
necessary facilities to make them satisfied. In the current time, the impact of Covid-19 become a
major threat for the growth of this industry(Algassim, and Abuelhassan, 2021). Due to several
restrictions and ban on tourist place, hotels, leisure and travel agencies and resorts could not
welcome outsiders and promote their profitability. This report is going to analyse various
challenges related with hospitality, leisure and travel industry with the cause of Covid-19. The
industry is well known for contributing in economy GDP, reducing inflation, marinating cash
flows and fulfilling local and international Custer requirements. As travel become a necessary
part of every individual journey which has now impacting on hotels. This report is going to
talk about challenges faced by many different hospitality and travel sectors by acknowledging
their rise in income, expenditure and total contribution made during Covid-19. In addition to
this, the report will carry out significant challenges and recommendation on overcoming with
these hurdles by reoccurring best practices to leave challenges behind and welcome business
opportunities at first place.
MAIN BODY
TASK
The challenges faced by hospitality, leisure and travel industry during COVID 19
Rise in expenses
It is one of the main challenges for hospitality, Leisure and travel industries. It is obvious that
these sectors are restricting of tourist arrivals but the internal operations are still in performance
which consist expenses, operating cost, management and other work related cost. These
expenses are rising more than their profitability due to less arrival of guest. Also, with the effect
of Covid-19, travels and tourist places must need to maintain proper precaution and a healthy
lifestyle in order to provoke hygienic facilities. These extra amenities lead to rise in expenses of