Melbourne’s Hospitality Industry
Many taverns and bars, restaurants and cafe owners around Melbourne crashed during the first wave of coronavirus Says David Antico. The hospitality industry suffered great loss during the pandemic period as many watched their trade drop off a cliff, therefore calling for the government to come to their aid.
Some believe with the vaccines being available there is the possibility that the impact and effect of the pandemic will reduce. While some think that the impact the lockdown had and may continue to have will forever be felt in the hospitality industry.
Is the Hospitality Industry Free From The Pandemic?
The Aftermath of The lockdown on Business Owners and Staff In The Hospitality Industry Some businesses couldn’t survive during the pandemic period and as a result, they were forced to close down. And as for those that managed to survive they have to live one day at a time and have a shortage of staff as most staff have to work in positions they didn’t sign up for.
The Effect on the Hospitality Industry Generally Even though restrictions have been eased for hospitality businesses in Melbourne, the business owners are still faced with personal debt, business debt and other debt crises. With the Covid19 tax concessions and rental agreements deferrals that were given to small businesses during the pandemic, they are still in debt.
There is Still Hope For The Industry
Regardless of what is going on presently in the Melbourne hospitality industry and the uncertainty of what the government might do, there is still hope and room to develop, says David Antico. With the various challenges the industry is facing, it’s difficult to know how things will turn out in months or years but those in the hospital industry are optimistic everything will be fine.
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