Full list of 19 Coventry eateries declared insolvent in restaurant crisis across the city
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Work underway on natural gas pipeline through Racine County
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Global Budget Hotels Market Report 2020-2024: Understand the Impact of COVID-19 on the Market
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Budget Hotels Market report provides in-depth analysis of the key market trends that are shaping the future of this segment and an analysis of the budget accommodation market globally. Detailed market insight is provided on the Americas, Asia-Pacific, Middle East & Africa, and Europe. It also features profiles of some of the market’s leading players and looks at how companies can better meet their customers’ needs.
Scope
The onset of COVID-19 forced governments to impose lockdown for several weeks and even for months in some countries. The unforeseen circumstances forced hotels to prioritize their survival above all else. Burning of cash reserves, postponement of investment plans, diversion of the spending on marketing and budget reallocations became inevitable.