When the coronavirus pandemic reached our shores, it was clear that the hospitality industry was going to be the first hit, worst hit, and last to reopen. Our industry thrives on social interaction – enjoying time with friends, family and even total strangers.
How are you doing? In this new world I’m finding this to be a common initial question before meetings. Before answering I think we all pause and consider a little more than we would have done in the past. So how are we really doing?
Winston Churchill aptly described his six-volume account of the First World War as ‘The World Crisis’ and several months into the Covid-19 pandemic, it is still unbelievable that we are dealing with our own ‘world crisis’ which is affecting lives and livelihoods in every part of the planet in the 21st century. It has been said many times, but the world will never be the same again, especially for the economy.
This year will undoubtedly be defined by coronavirus and the toll it has taken on society. But while many of us are now looking at how our businesses might respond in the second half of 2020, it would be unwise to think that things will simply go back to normal.
‘Sure, the Northern Ireland development industry can take it. Didn’t it weather the economic crash?’ Well, just about, if you discount the bankruptcies, the lights put out, the slow crawl back to well-being. But this is so much worse.
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