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Hotels may bounce back to pre-covid business levels in up to two years: Report

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MUMBAI : Almost 60% hotel operators expect their business to bounce back in 2019 levels between 13-24 months, says a survey by real estate consultancy firm JLL, released Tuesday.

The covid-19 pandemic has brought the world to a standstill, with hospitality, travel and tourism sectors being the most affected due to travel restrictions across the world and within India.According to the survey, just 20% of the operators believe that their hotels could bounce back to 2019 Revenue Per Available Room or RevPAR levels within 6 to 12 months.As the sector continues to build contingency plans to alleviate the fallout of the crisis, hotel operators are extending the hand of solidarity to their owners by providing certain relief measures.

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Opinion | Covid-19 triggered unconventional monetary policy – India’s concerns
Covid-19 QE Announcements by Developed CountriesSpillover of QE – India’s concernsWhile the central banks of developed economies aim to mitigate the dysfunctionalities in their targeted markets, the QE interventions will have spillover effects linked with higher volatility in capital flows, currency and financial markets in developing economies, including India. An impulse study of QE-triggered US and UK interest rate shock on Indian 10-year sovereign bonds suggests that the spillover effect is immediate and the associated implied volatility subsides in 10 days.
Usa India Britain covid-19 pandemic economy shock
Covid-19: Karnataka govt develops software to manage shortage of hospital beds - livemint.com - state Yediyurappa-Led
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Covid-19: Karnataka govt develops software to manage shortage of hospital beds
denied a patient admission leading to this death. In another incident, a 65-year old collapsed and died on the street after he was unable to get an ambulance to take him to the hospital.Karnataka has rapidly lost the critical ground it had gained during the three months of the covid-19 induced lockdown and is witnessing a surge in cases.The state recorded 1,839 cases, including 1,172 in Bengaluru, its growth capital, that has seen a sharp spike since 19 June.
state Yediyurappa-Led hospital covid-19 Government patient
Arvind Kejriwal - Amit Shah - Delhi's covid-19 tally nears 1 lakh, recovery rate at 70% - livemint.com - city New Delhi - city Delhi
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Delhi's covid-19 tally nears 1 lakh, recovery rate at 70%
NEW DELHI : Delhi’s covid tally is inching closer to the 1 lakh mark, even as the recovery rate in the national capital stands at 70%. Of 97,200 cases reported in the city so far, 25,940 are active, while 3,004 people have succumbed to the pandemic.Among the cities, Delhi has highest number of cases in the country"Less and less people in Delhi are now requiring hospitalisation, more and more people are getting cured at home.
Arvind Kejriwal Amit Shah city New Delhi city Delhi hospital covid-19 testing patient
Lamborghini India banks on healthy order book to prevent sales decline - livemint.com - India
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Lamborghini India banks on healthy order book to prevent sales decline
Lamborghini India is not witnessing any cancellations of bookings, although some customers have asked for delayed deliveries due to the health crisis."We still have a strong order bank for Urus and also we launched the new Evo RWD in the beginning of the year.
India pandemic economy prevention
COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
10 Choices in Life You Will Regret in 10 Years (And Maybe Even Sooner)
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Live Webinar November 20: The Empathy Playbook for Parents: Helping Kids (and You) Navigate Unfair Treatment and Tough Relationships
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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