Travel, Leisure & Hospitality
Kayaking, white-water rafting, abseiling, hiking and trekking are a variety of the actions to get out of your comfort zone and enjoy. In May 2021, AAA revealed that 34 million individuals took to the roads for a Memorial Day journey, marking an increase of 52% in comparability with 2020. And, in April 2021, Motel 6 unveiled its vacation report, which confirmed that greater than half (56%) of the respondents mentioned they have been extra prone to take a road trip in 2021 than in earlier years. With the ever-changing panorama of the Coronavirus pandemic still having a big have an result on on the travel trade, it’s important to remain up-to-date with the latest info. Employment within the leisure and hospitality sector has superior by 2.four million in 2021, although it’s nonetheless down 1.4 million, or 8.2%, since February 2020, the beginning of the pandemic.
- Porter’s five forces analysis highlights
