It Could Be a Great Year, if Your Business Survives Winter

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Source: The New York Times
By Nelson D. Schwartz and Gillian Friedman
January 11, 2021

Vinay Patel, who manages a chain of nine hotels in Maryland and Virginia, is looking even further out for a recovery: “2022 is when we’ll see the real true potential of the vaccine.” Mr. Patel added that his biggest hope for the coming year is a measure of stability, if not prosperity.

In the meantime, it’s clear that there will be winners and losers this year. Restaurateurs, leisure and hospitality businesses and the travel industry will continue to struggle as a surge in Covid-19 cases prompts renewed lockdowns in many parts of the country. Few expect imminent salvation.

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