The impact on the leisure & hospitality sector

Following the latest government guidance around coronavirus, businesses are considering what they can do to mitigate its impact and maintain consistency.

Read our latest guidance below.

On 25 May 2020, the Prime Minister announced that the forced closure of non-essential shops will end on 15 June 2020. For retail and commercial tenants that remain affected by the pandemic, it will be more difficult (but not impossible) to request a rent suspension.

Read more here.

The travel industry is being rocked by the impact of coronavirus (COVID-19). Businesses and consumers are cancelling international travel, conferences and events are being postponed and hotels are seeing bookings decline by up to 50% compared with last year.

 

A key question for travel providers is whether they can cancel contracts as a result of the coronavirus?  The answer will often depend on whether the contract is for a package holiday which is covered by the Package Travel Regulations (PTRs).

Read more here.