COVID-19

An Inhospitable Environment: Covid-19 and the future of the UK’s leisure and hospitality industries

Download a PDF of this article

The Covid-19 pandemic is having a profound impact on every sector of the UK economy. The need to restrict movement and limit social interaction has changed the working life of almost every employee in the UK. However, the impact is not equal; some sectors are able to continue operating much as before; but for others, the current situation poses an existential threat to their business model, none more so than leisure and hospitality businesses.

Leisure and hospitality businesses that rely on face to face contact, travel and large gatherings of people in enclosed spaces have seen their sources of revenue disappear almost overnight. This impact of Covid-19 has been immediate and felt acutely across the four nations of the UK. Tourism – an industry of particular importance to comparatively deprived coastal and rural communities – has been devastated. The support offered by the Government is generous in scope but largely sector agnostic. Although the challenges facing leisure and hospitality may ostensibly resemble those facing other sectors, they are in fact far greater, and will persist for much longer.

Related Articles

January 14, 2022

FTI Consulting News Bytes – 14th January 2022

Welcome to FTI Consulting News Bytes – a roundup of top tech stories of the week from FTI Consulting’s TMT (Telecom,...

January 13, 2022

FTI Consulting Public Affairs Snapshot: To CBDC or not to CBDC?

The Mesopotamian shekel is often cited as the first form of money, initially representing a specific weight of barley, a...

January 13, 2022

ESG+ Newsletter – 13th January 2022

Your weekly updates on ESG and more Greetings from 2022! Our first ESG+ Newsletter of the year starts off with a review ...