Hospitality Property School

How to Adapt through Covid-19: A Hospitality Property Checklist | Ep. #251

Informações:

Sinopsis

There’s no denying that the pandemic has wreaked havoc on the hospitality property industry. This has left many of us feeling overwhelmed and fearful, not sure how to adapt through Covid-19.I have a checklist that will help.What we can say for certain, as history has proven, is that we’re a resilient industry, and that market volatility is something we must accept. With this in mind, preparing as best as you can for unexpected events can go a long way in helping weather unwanted economic events or sudden downturns.I have gathered some functional tips and put together a 17 part checklist to help you adapt through Covid-19 and adjust to a ‘new normal’.How to Adapt through Covid-19 Checklist Be prepared to alter your business planSeasonal fluctuations are nothing new to the hospitality property industry and having a quiet season or even a shutdown for a short time is normal. With this downturn, you might want to consider other ways that you can leverage any opportunities in order to make up shortfalls in the fut