IW Long Reads: A change in the air? How the travel and tourism sector is showing signs of a slow comeback

Covid-19 grounded the industry - is it taking off again?

Prior to the three big vaccine announcements in November, it's fair to say 2020 had not been a kind year for the travel and leisure sectors. Few could have forecast the damage wrought on these industries by the Covid-19 pandemic, with the global lockdowns limiting all travel and going out. The result? In March, the STOXX 600 European Travel & Leisure index fell a huge 56% and while it has made up some of these losses, to end of October the sector was still down about 33%. Step forward the month of November. It was reported that the FTSE 100 recorded its strongest month performance since...