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JLL research examines the impact of the pandemic on key Indian Ocean hospitality market

The tourism sector is one of the key economic sectors of the Maldives, Mauritius, Seychelles, Sri Lanka and Zanzibar. Long favoured by holidaymakers from across the world for their crystal-clear waters and palm-tree fringed beaches, these Indian Ocean islands took a severe hit during the pandemic with borders closed in most of the countries.

PwC: US Average daily rate expected to drive RevPAR next year to 93% of 2019 levels

The US lodging industry continued to benefit from an outsized improvement in leisure demand through the summer months. As kids headed back to school, individual business travel and group demand that historically replaces summer leisure business post Labor Day has yet to surface, with office re openings pushed later into 2021 or early 2022 as a result of the delta variant of the virus.