A number of global news organisations opined that a new wave of Covid-19 is in the offing especially in the northern hemisphere as the region approaches winter. If this becomes a reality, then the future of the hospitality industry may be in jeopardy.
Experts have been predicting economic recovery to pre-Covid-19 levels by 2023 but this may not be the case if a vaccine is not found in the first half of 2021. There are many reasons why this scenario is possible.
Besides the inconveniences of quarantines imposed by different countries, there are many other reasons that could delay a normalised travel industry. These include intensification of digitalisation, climate change issues and the resurgence of nationalism in Western countries.