Here is a brief look at hospitality sector

1. HOSPITALITY SECTOR – CANADA
Paul Young CPA CGA
June 30, 2020

2. PAUL YOUNG - BIO
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com

3. AGENDA
• GDP / Hospitality
• Automation
• Staffing / employment

4. GDP / HOSPITALITY
Source – Stats Canada

5. AUTOMATION
HOSPITALITY
SECTOR
• Virtual Trips -
https://coleofduty.com/news/2020/06/21/2020-
2025-virtual-reality-in-tourism-market-is-
booming-worldwide-global-industry-size-
growth-segments-revenue-manufacturers/
• Automation -
https://www.revfine.com/technology-trends-
travel-industry/
• Automation -
http://www.hospitalitybizindia.com/detailNews.as
px?aid=38291&sid=1
• Robotic Servers -
https://www.reuters.com/article/us-health-
coronavirus-netherlands/robots-dish-out-the-
drinks-at-reopened-dutch-restaurant-
idUSKBN2392I4
• Robotics waiters and bartenders -
https://www.winespectator.com/articles/robot-
bartenders-waiters-surge-in-demand-in-
pandemic-unfiltered

6. STAFFING/HUMAN
CAPITAL
MANAGEMENT
• The new norm for hospitality -
https://www.stcatharinesstandard.ca/news/niagara-
region/2020/06/22/tourism-operators-warn-hospitality-experience-will-be-
different-post-covid-19.html
• RV replacing cruise ships - https://www.ctvnews.ca/health/coronavirus/rvs-
replacing-cruise-ships-what-vacations-might-look-like-post-covid-19-
1.4964292
• Cruise ship restructuring
• Many jobs are not coming back -
https://www.slideshare.net/paulyoungcga/human-capital-management-
skills-and-education

7. TRAINING AND DEVELOPMENT
• If you like to learn more
about trade and/or other
subjects as part of your
professional learning and
development then feel
free to review my material
on
https://www.udemy.com/
(search Paul Young CPA
CGA)
• These subjects address
how to fixed issues with
housing and/or systemic
issues related to economy
including government
policies