Global hotel cancellations rise ahead of holidays due to Omicron - Trivago

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(Reuters) - Concerns over the Omicron coronavirus variant and fresh travel restrictions have led to a spike in hotel booking cancellations globally, online hotel search firm Trivago said on Tuesday, threatening to upend a fragile recovery in tourism.
Cancellation rates increased to 35% since November and holiday travel planning was down 10%, the company said, adding that most travelers were choosing domestic destinations.
The company did not say what the cancellation rates were prior to November.
The Omicron outbreak, first reported in southern Africa, has led to a flurry of new testing rules and border closings, raising concerns ahead of the important Christmas travel season.
Multiple events ranging from sports and trade shows to corporate parties have been canceled, also leading to a slowdown in hotel bookings.
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