Hospitality fell by a quarter in October
The coronavirus pandemic is ruthless. Hospitality is among the biggest losers. After the low point in April, when they lost three quarters of their markets, the recovery may have started, albeit only slowly. And in the fall months, the statistics are showing a downturn again.
We have previously figured out from the statistics that a quarter of restaurant revenues in recent years have came from foreign guests (looking at traditional and hotel restaurants together). Notwithstanding this dropout, caterers also worked out their market loss among domestic guests they lost due to the pandemic in the summer months. (blokkk.com)
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