I have yet to meet a person who does not wish to put 2020 behind them. In fact, I recall a post from the son of one of our friends, a young man in his early twenties, who was able to take one memorable overseas trip, and explore his own country, as the single spontaneously optimistic write-up of 2020 that I have read. So it is natural that all of us are looking for positive news at the end of a difficult...
The post-lockdown period is starting to show up the tensions between supply and demand in traditional tourist markets. This short article explores how important it is for smaller countries such as Portugal to resist deflationary pressures and the tendency to deep discount. How can a nation so in need of income get its tourists to show solidarity by paying fair price for accommodation? Coronavirus, as...
Covid-19 and the impact on Southern European tourism: Portugal as a case study The tourism industry was the first sector to be affected by the measures implemented as a result of the Coronavirus pandemic. The effects were immediate and dramatic. The EU’s commission for economy declared on May 5th that the bloc had entered the deepest economic recession in its history. Southern European countries...