Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

Most senior hospitality figures expect Covid-19 disruption to extend beyond the summer

30 March 2020 by
Most senior hospitality figures expect Covid-19 disruption to extend beyond the summer

More than three-quarters of senior hospitality figures in Europe expect the disruption of coronavirus to last four to six months or more.

That is according to findings based on the responses of 142 senior figures in international hospitality last week to a Deloitte survey as part of the European Hotel Industry Conference.

Once the outbreak is contained, 31% of the respondents believed the hotel industry will take another 12-24 months to recover. Twenty-seven per cent predict recovery will be another 6-12 months, while 22% believe the bounce back will be much quicker, at three to six months.

When it came to key priorities over the next four weeks, cash management (79%), workforce health and safety (73%), and debt considerations (45%) came top. Other important areas of focus included managing stakeholder relationships (42%) and remote working capabilities (35%).

The widespread hospitality closures were extended to hotels last week, excluding those housing key workers, homeless people or permanent residents.

'Large-scale' hotel closures feared >>

Lockdown: closure extended to hotels; takeaway and delivery remain open >>

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking