The Hospitality Industry in a Time of Social Distancing: Threat and Opportunity
Maru Group
AUGUST 13, 2020
This group represents a fascinating cross section of the hospitality sector—hotels, food and beverage, resorts, and destination marketing. Consumer spending on travel and tourism, hotel rooms, conferences and weddings has plummeted by two thirds. McKinsey’s modeling suggests it will be 2022 or even 2023 before demand recovers.
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