Lodging: Analysis of the impact of COVID-19 for major lodging companies using the SWOT framework - Company Impact Report - Issue 1
Lodging: Analysis of the impact of COVID-19 for major lodging companies using the SWOT framework - Company Impact Report - Issue 1
SUMMARY
COVID-19, commonly referred to as the Coronavirus, is dominating headlines the world over. The travel & tourism sector is suffering significant disruption and the lodging industry is very much impacted.
KEY HIGHLIGHTS
SUMMARY
COVID-19, commonly referred to as the Coronavirus, is dominating headlines the world over. The travel & tourism sector is suffering significant disruption and the lodging industry is very much impacted.
KEY HIGHLIGHTS
- Occupancy rates around the globe are dropping rapidly, this is reflected in the steep drop in share price for most multi-national hotel companies.
- Using the COVID-19 pandemic as a time to create positive PR or plan on future consolidation implies that many potential opportunities are progressive and will provide long term benefits.
- A mixture of threats such as ‘insufficient insurance’ and ‘customer backlash’ highlights that issues can be created internally and externally.
- This report provides insight into what constitute strengths, weaknesses, opportunities and threats for players in the lodging industry. It also provides examples of relevant companies for each SWOT element.
- Assess the impact COVID is having on industry players
- Look at the impact coronavirus is having on share prices
- Understand what constitute strengths, weaknesses, opportunities and threats in this industry in the current climate
- Look at real-world examples of company strategies
Overview
Share Price Impact
SWOT Analysis
Company Focus - Strengths
Company Focus - Weaknesses
Company Focus - Opportunities
Company Focus - Threats
References
COMPANIES MENTIONED
Marriott
Hilton
Accor
Expedia
OYO
MGM Resorts
Airbnb
Share Price Impact
SWOT Analysis
Company Focus - Strengths
Company Focus - Weaknesses
Company Focus - Opportunities
Company Focus - Threats
References
COMPANIES MENTIONED
Marriott
Hilton
Accor
Expedia
OYO
MGM Resorts
Airbnb