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HoReCa to recover in 2021 even in negative scenario

23:06

HoReCa to recover in 2021 even in negative scenario
Source: Photo by Pablo Merchán Montes on Unsplash

The HoReCa market – defined as the hotel (Ho), restaurant (Re), and catering (Ca) market – will record positive value dynamics in 2021, even if the restrictions related to the fourth wave of the Covid-19 pandemic return in the fall, the report by PMR shows. In 2020, the market decreased by 30.9 percent, and this year it will grow – according to PMR forecasts – by 14 percent. The PMR report shows that in 2020 the value of this industry in Poland amounted to PLN 22.7 billion.

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