Track: Engineering Economy
Abstract
The paper explores and reviews the impact of COVID-19 on the businesses by conducting a review on six main industries which are as follow: Travel and Tourism, Retail, Arts, Entertainment and Recreation, Food and Beverage, Payments, and E-Commerce to develop an in-depth understanding of the growing trends during the pandemic, its opportunities, and challenges. Furthermore, the paper explores the attention given by the governments around the globe to these industries and highlights the need for developing their digital transformation roadmap, finding new revenue streams, and adopt the new trends in the industry to strengthen their business and be prepared for any new crisis.