Horwath HTL Industry Report: Tourism & Hospitality Sector Assistance (V.5)
Horwath HTL decided to start collating industry support measurements on a country by country basis so that we can create a best practice benchmark that shows the different approaches. Hopefully, once this crisis passes we will be able to look at the various measures adopted and figure out which was the most effective and why. It would be wonderful if this was the last such crisis in our lifetimes, but it seems more likely that it won't be. As long as we learn as much as we can about how to keep entire economies and industries afloat, what works and what doesn't work, we will be in much better shape to deal with the next one.
We have made a comparative compilation of benefits extended by several nations for the hotel sector, and for tourism. The compilation will be updated for information from other countries as sector-specific information becomes available
For other reports relating to the COVID 19 crisis please visit our publications page.
About Horwath HTL
Horwath HTL is focused one hundred percent on hospitality, tourism, and leisure consulting. Our services cover every aspect of hotel real estate investment, tourism, and leisure development. Our clients choose Horwath HTL because we have earned a reputation for impartial advice that will often mean the difference between failure and success. Each client project is unique, and they rely on us to utilize the experience we have gained throughout our 100-year history to assist them in achieving their goals. Being a global firm with 52 offices in 40 countries, we have successfully carried out over 40,000 assignments for both public and private clients. As part of the Crowe Global network, a top-ten accounting, and financial services network, Horwath HTL is the number one choice for companies and financial institutions looking to invest and develop in the industry.
For more information, please visit www.horwathhtl.com.
