as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
write a few sentences about the impact of covid-19 on the travel industry.
user
the covid-19 pandemic has significantly impacted the travel industry. travel restrictions, health protocols, and safety concerns have made it difficult for travelers to plan trips and for businesses to operate on any kind of normal level. airlines, hotels, and other hospitality industry providers have been severely affected by lost revenues due to cancelled trips and a lack of people travelling. even with the eventual rollout of vaccines, it is highly likely that the travel industry will never return to its pre-pandemic levels of activity.
assistant