7/2/2020 | Hotels

Nordic Hotel Market Update - Impact of Covid-19

The ongoing Covid-19 pandemic has placed the hotel industry into an unprecedented situation. The pandemic spread globally and has caused an almost complete stop to all forms of travel, which was reinforced by government-imposed restrictions on mobility and border closures. As has been widely recognised, the effects of these developments have been steep and immediate for hotels globally, with no exception in the Nordic markets.