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ARTICLE · 27 MAY 2020

Hospitality Post Covid-19

Khaitan & Co.
Khaitan & Co.
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Khaitan & Co.

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After lockdown, travel restrictions and social distancing will certainly be advised to continue for some time.

IndiaCoronavirus (COVID-19)

Introduction

As several countries including India remain in lockdown and continue to follow strict social distancing measures, the question on everybody's mind today is how quickly will we return to "business as usual", after nearly eight plus weeks of standstill?

After lockdown, travel restrictions and social distancing will certainly be advised to continue for some time. Consequently, businesses should adjust their procedures in order to ensure that regulatory compliance, safety and effective business operations are achieved in a seamless manner.

Except essential services, currently all businesses are facing revenue and operational crisis, in particular, those in the leisure and hospitality sectors. The hospitality industry is expected to take at least 12 - 18 months to recover with some experts predicting that revenues for 2020 may contract 30% - 50% from 2019 levels.

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