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Hospitality Net Launched a Survival Guide for the Hospitality Industry

The COVID-19 pandemic has resulted in most governments implementing travel bans and encouraging isolation, which drastically affects the travel industry and many bars, restaurants, hotels, and more have been forced to shut down amid the outbreak. To help companies in this filed stay afloat during these challenging times, Hospitality Net launched the 'Survival Guide for the Hospitality Industry' — a list of resources with tips and recommendations for affected businesses.

As information surrounding the virus continues to unfold, the Survival Guide for the Hospitality Industry will be updated with new resources. Currently, the topics range from financial advice and online marketing to crisis management and compassion training and the online resource helps businesses plan for the present and the post-COVID-19 world.
Trend Themes
1. Virtual Experience Services - Companies can offer virtual services and experiences to customers who are unable to travel due to the pandemic. For example, virtual tours for hotels and restaurants, virtual tastings for bars.
2. Smart Marketing Strategies - Businesses can leverage online marketing and social media to promote their brand and services. They can use this opportunity to create a connection with customers by sharing stories and experiences that align with their brand values.
3. Flexible Business Models - The pandemic has shown the importance of having a flexible business model, which allows restaurants and hotels to quickly adapt to changes in the market such as offering delivery services or contactless check-ins.
Industry Implications
1. Travel and Tourism - Travel and tourism industry needs to embrace virtual technologies to offer a unique experience that customers cannot experience elsewhere. By doing so, they can also cater to a broader audience.
2. Hospitality and Food Services - Businesses in the hospitality and food services industry can use online channels to promote their brands and services. They can also leverage customer feedback to improve their offerings.
3. Digital Marketing Services - With the increased shift towards online marketing and digital advertising, businesses need to provide a unique and immersive digital experience to stay ahead of the competition. They need to employ innovative digital marketing strategies to boost their online presence.

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