LONDON — The euphoria was small lived.

In May possibly, Portugal was between the extremely several nations that U.K. travelers could stop by with out owning to quarantine. That led to a substantial surge in hotel bookings for the southern European nation and the total industry in Portugal rejoiced.

But that feeling didn’t previous long — about 3 months afterwards, the U.K. authorities reversed its quarantine-free of charge choice.

“We shed a ton, a lot of bookings,” Katya Bauval, government director of profits at the Vila Vita Parc hotel in the Algarve, in the south of Portugal, explained to CNBC in excess of the telephone.

She stated that 90% of the bookings that experienced been finished about people several weeks have been canceled the second the U.K. imposed coronavirus