The unprecedented crisis in 2020 shook the foundation of the hospitality industry. The complete lockdown all over the world was imposed to combat the disease and people were asked to stay indoors. All the key segments of tourism including inbound, outbound, corporate, MICE (Meetings, Incentives, Conferences and Exhibitions), business, and leisure were affected adversely. But now as unlock has started in phases, this vibrant and bustling industry is expected to bounce and thrive in 2021.
Experts believe that the year 2021 is all about survival and recovery for the hospitality and tourism sector. It will regain its lost vibrancy! Travelling is innate to humans and having spent months indoors during the lockdown, they are yearning to travel more than ever before. Moreover, the trust of effective vaccine rollout is truly good news as the fear of corona infection will disappear.