What a Covid-Paralyzed Travel Industry Can Learn From the Financial Crisis: New Skift Research


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History doesn’t repeat, but it often rhymes. While Covid-19 has different root causes than the financial crisis of 2008, there are still lessons to be learned from the last crisis that apply to travel today.

The current Covid-19 outbreak has put the world of travel on pause and given us all cause to reevaluate how we want to run our businesses. Skift Research is using the moment to look back on past crises and draw upon the lessons they can offer our industry. Our latest report in this series will focus on the impact of the 2008/2009 financial crisis on travel. The first report was on what can be learned from the 9/11 and SARS crises.

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We will primarily focus on the