Hospitality management & Investment Co Ltd
The World of Travel, Hospitality & Leisure has drastically changed. The disease-causing virus known as corona has ensured that the THL (Travel, Hospitality & Leisure) Industry will never be the same again. The THL Industry is said to be the most badly hit of all global Industries.
Globalness. Excellence. People. Integrity
THL Industry is among the most affected sectors with airplanes on the ground, hotels closed, and travel restrictions put in place in virtually all countries around the World. As at the end of March 2020, the Industry incurred a loss of USD 80 billion in receipts. This loss is the result of double-digit decrease of 22% in Q1 2020 with arrivals in March down by 57% according to United Nations World Travel Organization (UNWTO).
With this bleak reality confronting the THL Industry, it’s very clear that THL will never be the same again. With a pandemic on our hands that is directly intertwined with hygiene standards, it becomes a no-brainer to include Hygiene & Food Safety as a major driver of THL. In retrospect, we at Nexus318 conclude that the THL Industry should add to its nomenclature the letters HFS (Hygiene & Food Safety) as an emphasis for today’s primary challenge that confronts the industry.
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