Travel industry thought it had left COVID-19 behind. Then came the Delta variant.

The travel industry, which earlier this year had begun to rebound from the impact of COVID 19, is under renewed pressure because of the Delta variant. 

Business travel in particular is taking a hit as companies, many of which have slashed corporate travel budgets, postpone out-of-town meetings in favor of virtual ones. New European Union restrictions on unvaccinated travelers from the U.S. are also expected to cut into airline, hotel and other hospitality company profits, while Europeans still cannot travel freely to the U.S. Underscoring those challenges, the Centers for Disease Control and Prevention this recommended that unvaccinated Americans stay home over the Labor Day weekend.