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.
HE Reem Al Hashimy, UAE Minister of State for International Cooperation and Director General, Expo 2020 Dubai, said: “Over the last several weeks, we have been consulting with key UAE and international stakeholders to review the ongoing impact of COVID-19 on our plans and preparations for Expo 2020 Dubai.”
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.”
HN spoke to Michel Bayoud, president, CEO Boecker World Holding to highlight the company’s important role in such a global crisis.
IHRA cancelled all travels and participation of its personnel till May 30,2020 in all events they already committed to globally.