What does the future hold?
Conclusion
It has been a sobering year for leisure businesses – it is one of the sectors that has almost entirely ground to a halt during the pandemic when its routine activities underwent radical changes. We expect to see the sector benefit from a surge in demand as lockdown restrictions continue to be lifted. However, how this will settle into long-term patterns is still uncertain. Businesses will ultimately be emerging into a changed operating landscape, and will need to contend with what could be long-term shifts in consumer preferences, attitudes and behaviour, including a degree of cautiousness around mass socialisation, and changes in where people work and play. Now is the time for management teams to review, adapt and evolve to be best placed to recover post lockdown and capitalise on any new opportunities.
Now is the time for management teams to
review, adapt and evolve to be best placed to recover post lockdown and capitalise on any new opportunities. Ian Corfield Restructuring Advisory
Restructuring Advisory
Corporate restructuring
Corporate advisory
Contentious insolvency
Solvent restructuring
frpadvisory.com
frpadvisory.com
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