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Added 19 March, 2020

Optimism is starting to peek through at some travel companies

The parent company of online travel agency believes that travel demand across its European business could start to bounce back by May. Like most tourism-focused companies, LM Holding saw a significant drop-off in demand over the past couple of weeks as European countries introduced measures to try and contain the coronavirus outbreak. But having looked at what has happened in China, the group believed that the disruption should only last a couple of months. “We expect that people will start again to book holidays and vacation in May, June, to arrive to a normal level in July and August,” Marco Corradino, CEO of, said on a call with analysts

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