Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)

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Impact of the COVID-19 Pandemic on the Catering Industry: Take the Chinese Catering Industry as an Example

Authors
Tongwei Duan1, Dailin Yuan2, *, Shengtao Zhang3
1School of Traffic and Transportation, Beijing Jiaotong University, Beijing, 100091, China
2Business and Economics, Monash University, Melbourne, VIC, 3800, Australia
3Jinling High School, Nanjing, 210029, China
*Corresponding author. Email: dyua0006@student.monash.edu
Corresponding Author
Dailin Yuan
Available Online 31 December 2022.
DOI
10.2991/978-94-6463-036-7_3How to use a DOI?
Keywords
COVID-19; Catering industry; impact; strategies
Abstract

As the Covid-19 spreads wildly in China in early 2020, due to the widespread worry about infecting the COVID-19 and the government policy, the Chinese catering industry has been huge damaged. Many catering companies, especially small and micro catering companies, are facing problems such as revenue reduction, raw material difficulties, capital chain interruption et al. during the COVID-19. Therefore, this research aims to propose some strategies for the current problems of the Chinese catering industry and the impact of the COVID-19, as well as expect that can help catering companies get out of the predicament and increase their revenue. This research analysis some Chinese catering companies with higher revenue than the average revenue during the COVID-19 period. Find out the differences between these companies and other general catering companies through data analysis as well as comparison, then conclusion the differences between them. Finally, the three strategies of “Diversified operating model”, “Increasing the standard of entering catering industry”, and “Robot replacement Attendant Program” respectively are obtained. In general, the research provides some opinions and strategies for Chinese catering companies to increase revenue during the spread of the COVID-19, as well as be expected to provide some reference for the recovery of the catering industry around the world.

Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
31 December 2022
ISBN
978-94-6463-036-7
ISSN
2352-5428
DOI
10.2991/978-94-6463-036-7_3How to use a DOI?
Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Tongwei Duan
AU  - Dailin Yuan
AU  - Shengtao Zhang
PY  - 2022
DA  - 2022/12/31
TI  - Impact of the COVID-19 Pandemic on the Catering Industry: Take the Chinese Catering Industry as an Example
BT  - Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)
PB  - Atlantis Press
SP  - 9
EP  - 14
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-036-7_3
DO  - 10.2991/978-94-6463-036-7_3
ID  - Duan2022
ER  -