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Impact of COVID-19 on the hospitality industry: A supply chain resilience perspective

The COVID-19 pandemic continues to have significant negative impact on people around the globe. In this paper, a mixed-methods approach is used to study the impact of the pandemic on the hospitality industry and its associated supply chain -- with specific emphasis on the Accommodation and Food Serv...

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Detalles Bibliográficos
Autor principal: Aigbedo, Henry
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier Ltd. 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9756514/
https://www.ncbi.nlm.nih.gov/pubmed/36540852
http://dx.doi.org/10.1016/j.ijhm.2021.103012
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author Aigbedo, Henry
author_facet Aigbedo, Henry
author_sort Aigbedo, Henry
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description The COVID-19 pandemic continues to have significant negative impact on people around the globe. In this paper, a mixed-methods approach is used to study the impact of the pandemic on the hospitality industry and its associated supply chain -- with specific emphasis on the Accommodation and Food Services sector. Using available data from the United States Bureau of Labor Statistics, among other things, comparison is made between its impact and that of the global financial crises in 2008–2009. One finding is that the impact on unemployment levels exceeds those of 2008–2009 and also exceeds those from some comparative industry sectors such as Manufacturing and Hospitals. Furthermore, the developed conceptual framework on resilience provides better understanding on how companies can operate successfully during a pandemic. The results of the study have implications for hospitality managers and for governments that are providing financial aid to businesses affected by a catastrophe or pandemic.
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spelling pubmed-97565142022-12-16 Impact of COVID-19 on the hospitality industry: A supply chain resilience perspective Aigbedo, Henry Int J Hosp Manag Article The COVID-19 pandemic continues to have significant negative impact on people around the globe. In this paper, a mixed-methods approach is used to study the impact of the pandemic on the hospitality industry and its associated supply chain -- with specific emphasis on the Accommodation and Food Services sector. Using available data from the United States Bureau of Labor Statistics, among other things, comparison is made between its impact and that of the global financial crises in 2008–2009. One finding is that the impact on unemployment levels exceeds those of 2008–2009 and also exceeds those from some comparative industry sectors such as Manufacturing and Hospitals. Furthermore, the developed conceptual framework on resilience provides better understanding on how companies can operate successfully during a pandemic. The results of the study have implications for hospitality managers and for governments that are providing financial aid to businesses affected by a catastrophe or pandemic. Elsevier Ltd. 2021-09 2021-07-21 /pmc/articles/PMC9756514/ /pubmed/36540852 http://dx.doi.org/10.1016/j.ijhm.2021.103012 Text en © 2021 Elsevier Ltd. All rights reserved. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Article
Aigbedo, Henry
Impact of COVID-19 on the hospitality industry: A supply chain resilience perspective
title Impact of COVID-19 on the hospitality industry: A supply chain resilience perspective
title_full Impact of COVID-19 on the hospitality industry: A supply chain resilience perspective
title_fullStr Impact of COVID-19 on the hospitality industry: A supply chain resilience perspective
title_full_unstemmed Impact of COVID-19 on the hospitality industry: A supply chain resilience perspective
title_short Impact of COVID-19 on the hospitality industry: A supply chain resilience perspective
title_sort impact of covid-19 on the hospitality industry: a supply chain resilience perspective
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9756514/
https://www.ncbi.nlm.nih.gov/pubmed/36540852
http://dx.doi.org/10.1016/j.ijhm.2021.103012
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