A business support and investment proposal for the government, intended to support the hospitality industry through the COVID-19 crisis, has been co-signed by around 120 leading hospitality voices. The pandemic has had a profound impact on the entire sector prompting a broad range of leaders to unite behind the proposal.
Trade body UKHospitality predicts that sales within the hospitality sector will fall by 56 per cent year-on-year; translating to a revenue loss of about £73.4bn. UKHospitality further claimed that around 50 per cent of the UK’s hospitality businesses do not believe they will break-even before the end of 2021. imbibe details the three criteria the proposal contains and reports comments from the trade body’s chief executive.A business support and investment proposal for the government, intended to support the hospitality industry through the COVID-19 crisis, has been co-signed by around 120 leading hospitality voices. The pandemic has had a profound impact on the entire sector prompting a broad range of leaders to unite behind the proposal.
Trade body UKHospitality predicts that sales within the hospitality sector will fall by 56 per cent year-on-year; translating to a revenue loss of about £73.4bn. UKHospitality further claimed that around 50 per cent of the UK’s hospitality businesses do not believe they will break-even before the end of 2021. imbibe details the three criteria the proposal contains and reports comments from the trade body’s chief executive.