Tourism outlook clouded by vaccine delays, new strains

Tourism outlook clouded by vaccine delays, new strains

Amid fears of new variants of the coronavirus, new restrictions on movement have hit just as people were starting to look ahead to what is usually a busy time of year for travel. It means more pain for airlines, hotels, restaurants and tourist destinations that were already struggling more than a year into the pandemic, and a slower recovery for countries where tourism is a big chunk of the economy.

In Europe the outlook is clouded by lagging vaccine rollouts and the spread of the new variants.

That means “there is a growing risk of another summer tourist season being lost,” said Jack Allen-Reynolds at Capital Economics: “That would put a huge dent in the Greek economy and substantially delay the recoveries in Spain and Portugal.”

Travel company TUI is offering package vacations in the sun in Greece and Spain, but with broad cancellation provisions to attract cautious customers. |

Gerasimos Bakogiannis, owner of the Portes Palace hotel in Potidaia in Greece’s northern Halkidiki region, said he is not even opening for Western Easter on April 4 but will wait a month for Orthodox Easter on May 2 – and, he hopes, the start of a better summer.

“If this year is like last year, tourism will be destroyed,” he said.

 

SEARCH

[%EVENTS_SIDEBAR%]
Previous Next
Close
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.