As an industry leader in the hospitality space, Small Luxury Hotels of the World (SLH) was particularly exposed to the downturn in travel caused by the Covid-19 pandemic.
Properties around the world were forced to close in the spring last year, with many still having their doors shut today.
As SLH managing director, Richard Hyde, tells Breaking Travel News, it was the global nature of the pandemic that really caused challenges.
“Things have been bad – with the travel industry over the past 20 years, there has always been something, be that 9/11, Lehman Brothers, Icelandic volcanos or SARS.
“As a global company, we usually have checks and balances against this kind of event; but last year was bad everywhere.
“Last year was…