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Industries in Focus: Hospitality Industry

Author

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  • Przemyslaw Brandt

Abstract

The nationwide restrictions due to the corona pandemic hit the hospitality industry particularly hard and massively worsened the business situation at the current edge. In some cases, the turnover of the companies surveyed collapsed completely. In the hospitality industry, developments in the coming months are viewed with extraordinary scepticism. The current business situation was rated as poor by almost all the companies surveyed.

Suggested Citation

  • Przemyslaw Brandt, 2020. "Industries in Focus: Hospitality Industry," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(04), pages 60-62, April.
    • Handle: RePEc:ces:ifosdt:v:73:y:2020:i:04:p:60-62
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    References listed on IDEAS

    as
    1. Stefan Sauer & Klaus Wohlrabe, 2020. "Business Survey in Focus: German Economy in Coronavirus Shock," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(04), pages 44-47, April.
    2. Florian Dorn & Clemens Fuest & Marcell Göttert & Carla Krolage & Stefan Lautenbacher & Robert Lehmann & Sebastian Link & Sascha Möhrle & Andreas Peichl & Magnus Reif & Stefan Sauer & Marc Stöckli & Kl, 2020. "Die volkswirtschaftlichen Kosten des Corona-Shutdown für Bayern: Eine Szenarienrechnung," ifo Schnelldienst Digital, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 1(02), March.
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    More about this item

    Keywords

    Gastgewerbe; Branchenentwicklung; Geschäftsklima;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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