Last updated on 2024년 6월 20일 What do you do if the hospitality industry shifts its focus... This shift is not just about being environmentally conscious; it's about ensuring the longevity...
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The hospitality & tourism industry is a vast sector that includes all the economic activities that directly or indirectly contribute to travel and tourism
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Operational impact and mitigation ; Have an extended cash flow forecast for the next six months. Be realistic and have Base and Downside scenarios to understand critical cash points and any breaches of lending covenants. ; For operators: manage your payments to suppliers. ; Minimize all discretionary operational and capital expenditure. Reconsider or postpone maintenance and other capital expenditure where possible to conserve cash.
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The tourism and hospitality industry constantly evolves, so be open to change and to adapting to new situations and challenges.
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