The effects of the pandemic are still having a major impact on the world as it is now almost two years old. Luckily, travel has started to pick up as people have started to move forward with their lives again. Many properties should expect to see bookings improve this year compared to the past two years. However, they will still be confronted with issues pertaining to the economy for the coming busy season. This is an issue that pertains to companies in many industries, so hospitality isn’t just an exception. Inflation will continue to be rampant, supply chains will have issues, and labor shortages may persist throughout 2022.
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