Financial performance of tourism businesses under the influence of measures related to covid-19

We all know that the spread of the COVID-19 disease has brought significant restrictions for the whole world, which are also closely related to the business activities of companies. Due to the measures taken by the government of the Slovak Republic, some businesses were limited in the performance of their activities. In order to achieve the goal, in addition to general logical methods, we used hierarchical agglomerative cluster analysis. We chose the ward method as the clustering method. Ward's method of minimum variance is an agglomerative (merging) hierarchical method. Slovak businesses in the field of tourism, the most businesses contained cluster 3, which contained 16 businesses. This most numerous and dominant cluster has an average asset indicator value of 8546978 €. In Slovakia, as part of the aid to tourism enterprises at the government level, a call was launched within the framework of the scheme, during which it was possible to draw aid for the months of April to October 2020. This aid was supposed to cover the loss of 10% of their sales to entrepreneurs in the gastronomy and tourism industry.