THE IMPACTS OF COVID-19 ON HOSPITALITY INDUSTRY AND SUGGESTIVE MEASURES FOR ITS POST-COVID RECOVERY

Abstract

The Coronavirus pandemic in early 2020 has had a disastrous effect on global economies. The pandemic has resulted in the loss of all businesses, especially the tourism and hospitality industry all over the world. The pandemic has resulted in a sudden halt to airline services, closure of major tourist attractions, and cancellation of bookings and projects in the hospitality sector resulting in an employment crisis for millions associated directly or indirectly with the industry. Tourism and hospitality contribute to the GDP of various economies and provides employment opportunities.