Identify the market structure that best describes the hotel market and use examples to describe its key features.
As the effects of COVID-19 spread across the entire world, the primary focus for governments and businesses is the safety of their people. Strategies to flatten the COVID-19 curve such as community lockdowns, social distancing, stay-at-home orders, travel, and mobility restrictions have significantly decreased the demand for many hospitality businesses. The hotel industry is a […]