Hospitality Property School

It doesn’t look like a rush of travellers are going to be returning soon. Should you be sitting in the corner waiting for the influx? No, and I am going to tell you some things you should be doing in the meantime to prepare.There is no denying that the hospitality property industry is taking a major hit.Due to the COVID-19 outbreak, properties from all over the world are experiencing low occupancy rates or closing their doors until further notice. Either way, they are all experiencing a difficult time.While we are living in uncertain and unprecedented times and the immediate forecast for the hospitality businesses is not looking great, the only thing left to do is to be aware of the current situation and to look ahead.Not a day goes by that we don’t hear information on coronavirus and its negative impact on travel and hospitality businesses but this is not new to the industry.The hospitality property industry had to deal with many different crises and viruses in the past. For example, the SARS virus in 2003.