Impact of the pandemic COVID-19 on the hospitality industry — Evaluation based on financial performance

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F21%3APU141124" target="_blank" >RIV/00216305:26510/21:PU141124 - isvavai.cz</a>
Result on the web
<a href="https://efp5.webnode.cz/_files/200001902-6d21c6d21f/Conference%202021.pdf" target="_blank" >https://efp5.webnode.cz/_files/200001902-6d21c6d21f/Conference%202021.pdf</a>
DOI - Digital Object Identifier
—

Result language
angličtina
Original language name
Impact of the pandemic COVID-19 on the hospitality industry — Evaluation based on financial performance
Original language description
The year 2020 brought significant changes in a global society and also in individual national economies. These changes were caused by the Covid-19 pandemic and its impact is evident in almost all sectors/market sectors. From a general point of view, the greatest impact is observed in the tourism sector, which has been gradually suspended in many countries and its recovery is very slow. Hospitality as one of the main industries belonging to tourism is burdened with constant changes, and many restaurants, cafes, and bistros are struggling to survive. This paper focuses on the field of hospitality in European countries. The main goal of the paper is to identify financial indicators of performance, developed from the changes between the pre-covid and covid period (era since 2018 till 2020). The purpose is to reveal the impact of the Covid-19 pandemic on individual states. All data for fulfilling the main goal, have been gained from the Orbis Europe database, from which we gained data of 2476 companies.
Czech name
—
Czech description
—

Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
European Forum of Entrepreneurship 2021: Proceedings of the 14th International Scientific Conference: “Viroeconomies - collapse or new business opportunities?”
ISBN
978-80-88328-10-0
ISSN
—
e-ISSN
—
Number of pages
10
Pages from-to
89-98
Publisher name
NEWTON Academy, a. s.
Place of publication
Praha
Event location
Praha
Event date
Mar 12, 2021
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
—

Similar results(10)