The global Travel & Tourism sector is gradually coming back to life as several countries across the globe ease their lock down and travel restrictions. Governments across the globe are taking steps to revive the sector, some of which have been highlighted in this article.
This article examines how UK hotels are likely to recover from the COVID-19 lockdown as restricitons are gradually eased. It covers the impact of international visitation on different UK regions and how different market segments will have an income on the recovery.
Iceland has seen explosive tourism growth since 2010. Summer's midnight sun, Winter's Northern Lights and year-round natural beauty have kept the tourists coming, resulting in strong hotel performance and a booming sharing economy.
Hotel investment in the Nordics is dominated by a handful of regional investors and companies. Few brands have a major presence in the area, as the main barrier to entry is the preference for operational leases rather than management agreements.
August 3, 2011
ByCristina Balekjian ,Lara M Sarheim