Termene

Hospitality industry 2020 numbers: 35 pct plunge in turnover, 19 pct fall in headcount

The turnover of the hospitality industry plunged 35 percent in 2020 from 27.5 billion lei in 2019 to 17.9 billion lei as a result of the pandemic, shows a survey by the Termene.ro platform based on the financial statements reported by Romanian companies.