At the time, the negative impact on global travel of the Great Recession in 2008, the Icelandic ash cloud in 2010 and, of course, 9/11, were considered ‘unprecedented’. The ash cloud resulted in 95,000 flights being cancelled over five days, and 9/11 saw a ban on all civil air traffic from entering US air space for three days. However, that was BC (before COVID). It’s been well over a year since the first case of COVID-19 was declared by China and it’s only now that we are beginning to understand what ‘unprecedented’ really looks like.
Leisure travel outlook
In the US, the American Hotel and Lodging Association‘s 2021 State of the Industry report predicts that half of US properties will be booked out during 2021 and states that hotel…