Road to recovery

Expectations recede for Pacific road to recovery

A year ago, 42% (143 respondents) expected to return to pre-COVID revenue levels by 2021, reflecting at the time improved confidence in a more positive outlook. This is in comparison to the most recent survey, where 12 % (106 respondents), remain confident of returning to pre-COVID revenue in 2021 and 50% expecting it in 2022 or later.