The emergence of the coronavirus pandemic in early 2020 brought about major disruptions in almost all sectors around the world. Many companies and organizations had to close shop because they were not making profits as expected. Coronavirus pandemic hit the hospitality and aviation industry hard. This was because countries introduced lockdowns and air travel restrictions that saw the business go down drastically.
None other than Bhanu Choudhrie felt the heat of restricted air travels and government restriction on movement and assembly. He is the founder of C&C Alpha Group, a global company with investments in real estate, hospitality, healthcare, and aviation. Bhanu Choudhrie has played a significant role in ensuring the company expands to tap into other global markets.
C&C Alpha Group witnessed a downturn in profit margins in the hospitality and aviation sectors because of limited movement occasioned by reduced air travel. This has been an eye-opener for Bhanu Choudhrie because of the coronavirus pandemic.
He saw an opportunity to diversify and bring innovations to keep the company afloat. In addition, he is very keen and particular when it comes to investment. Bhanu Choudhrie considers investing in long-term ventures as compared to short-term ventures.
Though risky, the ultimate results guarantee long-term returns. It is also essential to get long-term strategic partners when investing because of the risk factor involved. He gave an example of when he was investing in the aviation industry. The venture was risky because he could have lost a lot of resources, but after a few years, the company grew into a successful aviation company.
Bhanu Choudhrie has had a successful career path dating back to his early childhood. He was born in New Delhi, India, and his father was a renowned businessman in London. He later graduated with a degree in international business and marketing from the University of Boston. This was the stepping stone towards his successful career in the investment field, where he has touched many lives to know more click here.