IMPACT AND EFFECTS OF THE PANDEMIC ÎN THE HOSPITALITY INDUSTRY (HORECA SECTOR) Cover Image

IMPACTUL ȘI EFECTELE PANDEMIEI ÎN INDUSTRIA OSPITALITĂȚII (SECTORUL HORECA)
IMPACT AND EFFECTS OF THE PANDEMIC ÎN THE HOSPITALITY INDUSTRY (HORECA SECTOR)

Author(s): Rareș Bogdan Bătrân, Georgeo ANDREI, Daniel HUȚAN, Bogdan TULBURE
Subject(s): Economy, Micro-Economics, Agriculture, Tourism, Transport / Logistics
Published by: Centrul de Strategii Aplicate
Keywords: pandemic; fired people; vaccine; safety measures; food losses;

Summary/Abstract: The main effects of the pandemic in the HorReCa industry were: decreased sales, temporary suspension of activity, fired people, restriction of activity, delays in payment of suppliers, closure of some companies. The implementation of the new sanitary protocols, the vaccination of the population will restart the tourism and the economy of the affected countries. Hotels ‐ Tourism in Europe loses 1 billion euros a month because of Covid‐19. A European Parliament study has estimated that Community tourism is currently losing revenue of around € 1 billion a month, which has devastating consequences for the 27 million employees in this economic sector.

  • Issue Year: 2021
  • Issue No: 16
  • Page Range: 69-73
  • Page Count: 5
  • Language: Romanian