Uploaded by Eshan Samarakkody

Executive summary

advertisement
The Report on the Impact of COVID 19 and Brexit on hospitality sector in tourism industry, is a
research based on legitimate information available online. With the receival of reporting about a
cluster cases of pneumonia in Wuhan , China the International Health Organization (WHO)
initiated their response by setting up Incident Management Support Team.
From that point up to now Covid-19 has been creating challenges to each and every part of the
world in a rise and fall pattern of its spread.
COVID-19 has massively affected the working and living conditions as well as prospects of people
all over the world. This report captures major trends and findings on the impact of COVID 19
on tourism sector, to determine how the hospitality sector needs support of states and other parties
in this new environment, and in formulation of possible future impacts.
This specific sector of hospitality in tourism , affords livelihoods for considerable amount of
people, providing direct and indirect job opportunities . This report convince that, the impact of
Covid-19 is represented by the global GDP contribution of $2,570.1billion in 2017 and the
potential GDP loss of up to 2.1 trillion in 2020 in the tourism sector. It is one of the sectors most
affected by this pandemic, impacting financial systems, livelihoods, community services, and
prospects on all regions. With this new normal, rebuilding hospitality sector in tourism, is also an
opportunity for renovation with a concentration on leveraging its impact on destinations visited
and edifice more resilient hospitality project management/logistics through innovation,
digitalization and intuitive usage of project management tools and techniques while exploring
newer chapters of risk management for the complex projects composites with uncertainty.
The Brexit vote imposed a challenging atmosphere for UK’s hospitality sector in tourism in several
aspects. Being the fact that, greater number of employees in UK hospitality industry were from
EU and the risk of potential shortage of incoming tourists will lead the issues in this particular
sector. In this case the hospitality projects/logistic are supposed to get challenged and being the
Brexit a vote against globalization, it will challenge the logistics and supply chains. This paper
also discusses the impacts of Brexit and possible solutions through project management
techniques, innovative technologies, supply chain management techniques with potential control
over negative impact.
Download