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2 years ago

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Battered by the pandemic: Hospitality industry is rejigging business models and investing heavily in tech

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Battered by the pandemic: Hospitality industry is rejigging business models and investing heavily in tech

This doesnt mean it has been a smooth transition for the hospitality industry — far from it. The pandemic has forced many restaurants to rationalise workforce and shut unviable operations as revenues crashed. About 25-30% of the 60,000 hotels and 500,000 restaurants in the country have shut shop and another 15% is likely to follow.

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Battered by the pandemic: Hospitality industry is rejigging business models and investing heavily in tech

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Battered by the pandemic: Hospitality industry is rejigging business models and investing heavily in tech

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