This was a very interesting article from the perspective of small business owners in Europe. I know from experience if I post link, most people are locked out, so I will post a quote below and hope those interested can find a way to access article.
Tourism will fall all across the world this summer, and southern Europe will be among the hardest-hit regions. Travel and tourism account for a relatively large portion of the economy: 15% of gross domestic product in Spain, 13% in Italy and 21% in Greece, according to the World Travel and Tourism Council, while also providing a high percentage of jobs.
Although most lockdowns are expected to end in Europe and other continents by summer, many social-distancing restrictions will continue, including rules affecting travel. And consumers, wary about the virus and hit by deep imminent economic recessions almost likely everywhere, aren’t expected to return to their previous vacation habits for some time.
“Fear of traveling will probably last longer than the pandemic itself. It’s difficult to expect an immediate recovery of tourism once the lockdown measures are lifted,” said Steven Trypsteen, an economist at Dutch bank ING.