HOSPITALITY INDUSTRY WARNS 500,000 JOBS ARE AT RISK IN UK

Highlights:

• The hospitality industry of United Kingdom has warned 500,000 jobs are at the risk
• The restaurants, hotels and bars have been saddled with backing the taxes of 93 million pounds

The hospitality industry of the United King...

STAFF SHORTAGES HIT HOSPITALITY VENUES IN UNITED KINGDOM

Highlights:

• Staff shortages have hit the hospitality venues of United Kingdom amid large increase in the bookings
• The bookings have been continuously increasing by as much as 1,000 percent as per the ticket companies

The figures of h...

UK: PUBS AND RESTAURANTS SEE SURGE IN BOOKINGS FOR PLANNED RE-OPENING

Highlights:

• The restaurants and pubs in UK have seen a rapid increase in the bookings for the planned re-opening in UK
• Several venues in UK has also invested vast amounts of money for accommodating the guest before the re-opening of the services
...

OYO INDIA BUSINESS IS EBITDA POSITIVE

HIGHLIGHTS

• OYO India Business is EBITDA positive now.
• OYO expects speedy recovery in Post-COVID economy.
• OYO has now started to earn the profits that it earned before COVID-19 outbreak.

Hospitality firm OYO announced recen...

UK: 35% OF HOSPITALITY INDUSTRY WILL NEVER RETURN AFTER BEING DECIMATED BY LOCKDOWNS

Highlights:

• One of the top restauranteurs of the United Kingdom has given the warning that 25 percent of the hospitality industry will never return after being decimated by the repeated lockdowns
• He said that, the government has turned both its ineffi...

AROUND 18,000 HIGH STREET PREMISES COULD BE EMPTY IN UNITED KINGDOM AMID COVID-19 CRISIS

Highlights:

• Around 18,000 high street premises can be left empty in the year 2020, which is around double than it was in the year 2019
• This is happening because of the novel corona virus pandemic have been affecting the retailers, leisure business and...

HOSPITALITY INDUSTRY OF UK MOUNTS LEGAL CHALLENGE TO STOP IMPOSING THE NEW CORONAVIRUS MEASURES

Highlights:

• The hospitality industry of the United Kingdom has made a legal challenge to the lockdown restrictions of the government of United Kingdom
• This legal challenge is given with an aim to stop the plans of the government for closing the pubs a...

STREET- SIDE CAFÉS MAKEOVER TO NEW BUSINESS PASTURES IN S KOREAN HEARTLAND

• The government had warned South Koreans in the past many years not to open more fried chicken shops or cafes as the small hospitality sector is overwhelmed.
• Small business profit margins were on its way out before the coronavirus outbreak.

You Young-sik has tr...

LEEDS: BARS AND RESTAURANTS PLEAD FOR A NINE-MONTH RENT FREEZE

Highlights

• Government’s Coronavirus Job Retention Scheme has been successful as it is indeed supporting businesses by providing tax reliefs, grants and loans along with giving around 80 percent wages to thousands of workers

• Leeds businessmen are now urging ...

KOREA INTENDS PROPPING SME’S BY PAYING MONEY UPFRONT

• The Korean Government is undertaking a slew of measures to bring the small business enterprises back on track.
• The Government will spend money upfront to help businesses weather the loss.

The self-employed and small businesses have been under ...

TRAVEL BUG GONE AMISS BY LOCKDOWN IN FACE OF COVID IMPACT

• The travel bug has been taken for a ride with the travel and tourism sector being hit squarely with untold losses down the value chain
• The hospitality chain also suffers big revenue losses on account of the lockdown.

Not in the annals of histo...

CORONAVIRUS OUTBREAK SEVERELY AFFECTS VARIOUS SECTORS OF INDIAN ECONOMY

Highlights

• Aviation industry to observe a hit due to travel restrictions
• Regarding seafood, India is concerned about its export

According to the UN Conference on Trade and Development, in 2020, the coronavirus outbreak might cost the...

OWNERS OF ITALIAN RESTAURANT CHAIN OFFER ADDITIONAL PAID SICK LEAVE TO ALL HOURLY EMPLOYEES

Highlights:

• Darden Restaurants Inc., the parent company of the Olive Garden restaurant chain announced its plans to provide paid sick leave to all regular employees.

The company operates the popular Italian res...

AMBITIOUS RENOVATION PROJECT BY MANDARIN ORIENTAL, BOSTON TO CONCLUDE IN APRIL 2020

Highlights:

• The luxury hotel is currently undergoing refurbishments of all its 148 rooms and 10,000 square feet of event space.

• It is an ambitious and expensive affair with renovations and redesigning works costing at least US $15 million.
...

Hospitality and tourism are highly influenced by technology

The advanced technology is influencing most industries which can’t be denied; more so, in the tourism and hospitality industry. For at least a decade, we wish to browse related reviews on TripAdvisor, search flights, book hotels, rental cars, tourist information and more online.

T...

Oyo and the hospitality market

Oyo has been in the LimeLight for every wrong reason especially in the year of 2018, and 2019 one of the reasons can be when the partner hotels also protested against the company's business model and certain policies in India then that which was very much different in the pol...

Indian hospitality procurement industry set for big growth

The Indian hospitality procurement industry is all set for exponential growth from its current level of $20 billion given the sustained economic development of the country, according to the hospitality purchasing managers forum (HPMF), a non-profit organization of purchasing managers from the hos...

Hotels should compete with homes of customers rather than with other hotels, study finds

According to the findings of new research, when it comes to technology an average American Hotel is way behind the home of a native American, and there is a need for t...