European Hotel Recovery Threatened by Lockdowns
Skift Take
Hotels in Europe were only just getting the wind back in their sails, and now it looks like the recovery momentum could quickly stall over governmental responses to the Omicron variant.
If it turns into another winter of lockdowns and travel restrictions across Europe, then this would zap the performance of the region’s volatile hotel industry.
Several of Europe’s largest countries moved in recent days to usher in a new wave of lockdowns and travel restrictions as mitigation against the Omicron variant. The Netherlands went into a strict lockdown, shuttering non-essential retail and schools, Sunday. Israel banned travel to the U.S. and Canada.
Germany, which already issued a lockdown for unvaccinated citizens, plans to roll out tighter capacity restrictions on indoor gatherings.
