THE IMPACT OF COVID-19 IN NUMBERS Comments Off on THE IMPACT OF COVID-19 IN NUMBERS 767

This week we hear that Mauritius will only reopen its borders in September, not a wise move when you hear about countries like Poland and Sweden not restricting any lockdowns and their economies and tourism are less affected than most EU countries who were fooled into this plandemic which are now all on their knees, like Mauritius and many others. Those who are aware will know what we are talking about. Those who are still sleeping or are waiting what to do or to think well you shall come to realise what has really happened post US Election (soon).

For now let’s take a look at the Impact of Covid 19.

IATA Airlines magazine shares with us their industry stats and you must take a look at it click here.

Covid 19 in Numbers:

  • 90% of passenger flights were grounded taking out 40-45% of cargo capacity
  • Airlines will loses an estimated $84.3billion in 2020 as a result of the plandemic covid 19
  • 32m jobs (including Tourism) are estimated to be at risk
  • $550billion Airline Debt
  • 45% estimate a return to travel within one to two months
  • 36% indicates that they could wait six months or more

In conclusion:

IATA expects a slow recovery. Let’s leave it to that, for those who may of missed it, here is a great analysis by Travel Tech Entrepreneur Mario Gavira who shares his insights and solutions why Islands such as Mauritius will be most affected by Covid 19 despite been Covid Free so they say click here.

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Mauritius B2B Hospitality magazine, a quarterly publication and blog for the industry professionals. Want to reach the hospitality decision makers in Mauritius/Rodrigues? Contact us +230 57 94 64 37 or [email protected]

HOSPITALITY SENTIMENT SURVEY 2020 – DELOITTE Comments Off on HOSPITALITY SENTIMENT SURVEY 2020 – DELOITTE 541

The COVID-19 outbreak brought the world to a standstill, and the hospitality sector is one of the hardest hit economic sectors, mainly due to the introduction of travel restrictions. In Mauritius, the hospitality sector represents a fair share of the economy and one of many forecasts made about the impacts of the pandemic is a contraction of 20 percent, which will span over the next three to five years.

The sanitary crisis has also other unquantifiable impacts on the tourism sector including the loss of livelihoods of locals, loan repayment commitment of impacted businesses, low to no occupancy rates of hotels that may lead to temporary or permanent closure, and cash flow issues.

In the face of these hardships, the Government has come forward with certain supporting measures such as the extended Wage Assistance Scheme for tourism sector, prolonged loan moratoriums and low interest rates, the waiver of the rental payment of state lands for the upcoming financial year to tide over the liquidity issues. The Mauritius Investment Corporation (MIC) has also been set up to propose investments in eligible companies through different investment tools including both equity and quasi-equity instruments. 

The Deloitte Hospitality Survey report provides the market sentiment of the leaders from the major hotels, resorts, villas, and business hotels in Mauritius on the budgetary measures, the current challenges, key focus areas, and the way forward for hospitality industry in the current and post-COVID times. Whilst the report conveys what people shared during the survey, it also provides Deloitte’s point of view based on our global and industry expertise.

DOWNLOAD SURVEY – CLICK HERE.

Source – https://www2.deloitte.com/mu/en/pages/life-sciences-and-healthcare/articles/hospitality-sentiment-survey-covid19.html

THE FUTURE OF THE HOSPITALITY SECTOR POST COVID-19 Comments Off on THE FUTURE OF THE HOSPITALITY SECTOR POST COVID-19 499

As the hospitality industry resumes operations, it has been the moment to adapt, redesign and implement new ways and ideas to help the sector accelerate recovery and reinvent the hospitality of tomorrow.

What are the most prominent trends in hospitality today and what will the new customers’ demands be? How are hotels adapting their business operations to receive travellers and go back to business but still remaining sustainable? What are the best ways to gain guests’ confidence back? What is the role of technology in the process? These and more topics will be discussed in this webinar on the future of the hospitality sector post COVID-19, focusing in the Middle East region.

Source – https://www.unwto.org/event/the-future-of-the-hospitality-sector-post-covid-19