The market is driven by the rising internet penetration and inclination towards IoT which are encouraging the hospitality segment to offer smart solutions.
We expect it will be a long fight against the invisible enemy. We will have to cope with it, by taking heavy and severe precautions.
Experts opinion: How the GCC’s travel and tourism industry can get ready for the post-COVID recovery
Marwan Bejjani and Camil Tahan, partners, and Alessandro Borgogna, senior executive advisor, and Vivek Madan, manager, at Strategy& Middle East share their insights about the post-virus phase.
Globally, PepsiCo has committed more than USD 45 million to combat the impact of COVID-19, by providing vital local humanitarian support.
The COVID-19 pandemic in the GCC is occurring against an already bleak economic backdrop, where consumer confidence has been waning for the past few years.
According to the Eat App data, in March 2020, restaurants across the region saw an overall 60 percent decrease in customers in the weeks leading up to all restaurants shutting down.
According to Sidharth Mehta, partner, head of building, construction & real estate, KPMG Lower Gulf, COVID-19 is already having a significant downturn effect on the global and regional hospitality sector.
Boosting staff morale is essential during these challenging times and as a result we’re working to ensure we go that extra mile to create a warm and positive working environment
The ‘Healing Solutions’ challenge calls for entrepreneurs to submit ideas that can help the tourism sector mitigate the impact of the pandemic and kickstart recovery efforts.
Gloria Guevara, WTTC President & CEO, said: “The Coronavirus pandemic has put the sector in unprecedented danger of collapse, which is looking increasingly likely unless a global rescue package is agreed to bolster what has become the backbone of the global economy.”