Few sectors have incurred the economic ramifications of the COVID-19 crisis more than the hospitality sector. BACB’s client, London Hotel Group (LHG) – an owner of numerous hotels across the capital – was closed to the public until the nationwide lockdown had begun to ease. Nonetheless, the group remained open to offer accommodation to vulnerable people and key workers in order to support local efforts to control the virus.
This case study discusses the financial relief that BACB offered its client LHG. The story is one that highlights how key workers and charities, along with businesses and financiers, have come together to help curb the virus’ spread in London.
