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Study: Hospitality industry, strongly affected by coronavirus

The hospitality industry is strongly affected by the spread of coronavirus, and companies in this industry are expecting a 50-60% drops in revenues, according to a study by the Hospitality Culture Institute released on last Friday.Hotels, transport and travel agencies report massive declines in bookings and cancellations of events. With these, the food service industry is feeling a major impact.Thus, over the last two weeks there has been a decrease by more than 20% ...

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