One of the leading hospitality organisations in the country, Transcorp Hotels Plc, started the year on a rather wrong note, recording a loss in the first three months of 2020.
The coronavirus pandemic, which originated from the Wuhan city of China last December, has had a huge toll on the global economy this year and the travel/tourism sector remains one of the most affected.
Flights have been grounded due to the closing of airports around the world, while some hotels have been converted into isolation centres to cater for those infected with the virus.
The coronavirus pandemic, which originated from the Wuhan city of China last December, has had a huge toll on the global economy this year and the travel/tourism sector remains one of the most affected.
Flights have been grounded due to the closing of airports around the world, while some hotels have been converted into isolation centres to cater for those infected with the virus.