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COVID-19 cripples global restaurant and hospitality industry

Author

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  • Kaitano Dube
  • Godwell Nhamo
  • David Chikodzi

Abstract

The restaurant and hospitality industries are crucial socio-economic sectors that contribute immensely to the global economy. However, these sectors are vulnerable and sensitive to natural hazards such as the COVID-19 pandemic and any resultant economic downturns. This study investigates the impact of COVID-19 on the global restaurant industry using data from OpenTable and other sources. The study found that sit-in guests dropped to zero in many countries as governments across the world instituted social distancing initiatives, movement restrictions and lockdowns. COVID-19 also led to an unprecedented loss of employment and revenue, resulting in millions of jobs and billions of dollars in potential revenue lost. The work recommends extra-ordinary financial and other support measures for the sector. It further recommends a raft of safety and health protocols as the industry gradually reopens.

Suggested Citation

  • Kaitano Dube & Godwell Nhamo & David Chikodzi, 2021. "COVID-19 cripples global restaurant and hospitality industry," Current Issues in Tourism, Taylor & Francis Journals, vol. 24(11), pages 1487-1490, June.
  • Handle: RePEc:taf:rcitxx:v:24:y:2021:i:11:p:1487-1490
    DOI: 10.1080/13683500.2020.1773416
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    Cited by:

    1. Deri Maria Grazia & Lemmi Enrica & D’Acunto David, 2023. "Crowdfunding in the accommodation realm and pandemic times: The resilient case of CleanBnB," European Journal of Tourism, Hospitality and Recreation, Sciendo, vol. 13(1), pages 80-96, December.
    2. Peer Jeelani & Shamim Ahmad Shah & Sajad Nabi Dar & Huma Rashid, 2023. "Sustainability constructs of mountain tourism development: the evaluation of stakeholders’ perception using SUS-TAS," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(8), pages 8299-8317, August.

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