Haidilao’s Business Performance Comparison Analysis on Condition of COVID-19

Authors

  • Junhao Li
  • Jiahao Lin
  • Jianing Lin
  • Zhuang Zhou

DOI:

https://doi.org/10.54691/bcpbm.v37i.3564

Keywords:

Catering industry, pandemic, COVID-19, Haidilao.

Abstract

The outbreak and continuation of the pandemic have hit many industries fiercely. In such a situation where the future of enterprise development is not clear in the stage of the global economic downturn, it is crucial to study the root causes and influences, thus summarizing them to find new development opportunities. In this paper, we study the operating conditions of the catering industry before the pandemic and we analyze the impact that COVID-19 brings after 2019. Also, the latest situation has been studied. In addition, we use a case study as our research method and the effort we made reveals that the restaurant industry is still a thriving and flourishing business although it has gone through some ups and downs during the pandemic, it has significantly increased a new way of selling which is online ordering. In addition, there are pieces of advice mentioned in this paper that we hope to contribute to this issue.

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Published

2023-02-01

How to Cite

Li, J., Lin, J., Lin, J., & Zhou, Z. (2023). Haidilao’s Business Performance Comparison Analysis on Condition of COVID-19. BCP Business & Management, 37, 178-185. https://doi.org/10.54691/bcpbm.v37i.3564