Distressed industries

Hotel industry: navigating the impact of COVID-19

The hotel industry is dealing with an unprecedented crisis due to the disruption caused by the global COVID-19 pandemic. With hotels shut or operating at severely reduced capacity and with customers in lockdown, we look at the steps businesses can take to not only survive but put themselves in the best position for reopening.

From liquidity to debt and restructuring, we address the diverse and complex
challenges hotel owners and operators face. In this report we consider the
implications for employers and how financial planning for the medium and long term will be affected.

We will cover:

  • Liquidity
  • Employment
  • Debt & structuring
  • Financial planning and reporting
  • Preparing for reopening
  • What Grant Thornton is doing to help hoteliers