Tag: staying afloat

stay afloat during covid-19
How Hotels Can Stay Afloat During the COVID- 19 Economic Fallout

The multi-billion-dollar hospitality industry is in a pitiable state for the last few months due to the COVID- 19 crisis. With travel bans and lockdowns enforced, hotels are mostly empty, leading to severe revenue shortages and layoffs. Here are some steps hotels can follow to stay afloat during the economic fallout: Check with Your Banker…

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