Many countries have begun offering economic stimulus packages to shore up their failing economies and help businesses survive. Individually, several hotels and travel companies have also begun to draw up plans to deal with the crisis or simply work with the community until things get better.
The economic stimulus packages
Every industry is dependent on how a country’s economy, in particular, and the world economy in general, perform. This is particularly true for hotels and the hospitality industry. So, for the hospitality and travel industry to revive, the economy needs to revive. For which, countries need to offer economic stimulus as soon as things get normal.
This story is from the April 2020 edition of Hotelier India.
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This story is from the April 2020 edition of Hotelier India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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