Over the past couple of weeks, the global impact of the virus has really started to bite, with some countries enforcing international travel restrictions on their citizens.
My association has seen an exponential increase in calls and messages from our members, who are incredibly worried about how their businesses will survive financially during this current crisis.
Although loans are being offered by some banks, it is likely that for many tourism businesses, particularly SMEs, the only real option left on the table is financial support from the government, which the chancellor looks to have addressed in his Budget.
