Since the outbreak of COVID-19, Slovenian travel agencies have been seeing a drastic drop in business. The unprecedented decline in international and domestic travel is expected to continue throughout 2020 overall.
The outbreak of COVID-19 has devastated the travel industry and has left many Slovenians without a job and in financial hardship. In response, several associations such as the trade union of employees in the hospitality sector (from the ZSSS trade union) and the Employers’ Association and the Chamber of Commerce and Industry (GZS), have called upon the government to introduce measures to soften the blow of the pandemic.
The travel industry is expected to take at least three years to recover from the devastation COVID-19 has caused. Bigger travel agencies are anticipated to recover much quicker than smaller ones.
Online travel sales have continued to rise strongly at the expense of traditional brick-and mortar and other offline intermediaries. This has been further encouraged during lockdown as instore travel agencies have been forced to shut, therefore forcing those who have still wanted to travel to do it themselves via online.
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This report originates from Passport, our Travel Retail research and analysis database.
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