Covid 19 Tourism Outlook - 12th June
Covid-19 Tourism Outlook brings you economic, market and consumer intelligence along with the impact of key enablers on tourism as plans to move towards recovery begin. We aim to keep you informed through analysis, best practice and thought provoking predictions as government and people prepare for reopening and the tourism sector seeks to welcome back its customers.
At a glance:
Scenarios compare a ‘smooth’, steady, measured exit from lockdown, with
a ‘bumpy’ exit should setbacks happen. The sharp ‘v’ decline in the economy remains evident across key indicators mid way through Q2, as economists assess impact and consider forecasts for the rest of 2020 and early 2021.
There is significant impact on employment and earnings, yet consumer
expenditure has been largely supressed throughout lockdown. Coupled with the human desire to reconnect and recover well being, consumers are looking ahead with renewed optimism. We consider some of the emerging opportunities for the tourism sector.
Airlines are announcing to travellers their plans for resuming routes and
flights, albeit with reduced capacity. The UK Government and the Irish Government have quarantine measures in place and there is emerging talk of potential air bridges to countries with low infection rates. What is the outlook at this very early stage?
Travel and Tourism Industry:
Recovery plans in the UK and Ireland move apace with recent announcements on reopening dates for accommodation in NI, and for both accommodation and hospitality in ROI. We feature examples of the resilience of the sector globally and closer to home as it responds with practical measures and actions.