Richard Branson said his Virgin Group’s focus on luxury travel is likely to prove resilient during an inflation-fuelled cost-of-living crisis — unlike the company’s experience of the coronavirus pandemic.
The British billionaire’s empire looked close to collapse when Covid-19 all but halted global travel in early 2020.
Restrictions curtailed the debut of cruise-ship operator Virgin Voyages, shuttered fast-growing Virgin Hotels, delayed launches at the Virgin Galactic space tourism arm…