When the United Kingdom initially locked down in March last year, the hospitality sector braced itself for a significant down cycle. Not only were brick and mortar businesses forcibly closed, but online shopping briefly stagnated amid international shipping and delivery obstructions. Even as lockdowns lift, there still remains the risk of consumer panic. Revenge spending is still an evolving phenomenon so can it help the hospitality sector in times of need. Tony Gregg explains all.
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Can Revenge Spending Help Hospitality Executives Bounce Back?
June
08
2021