It's mid-season and plenty of Europe is still in some sort of lockdown. I expect it to pick up again by summer, especially if tourism comes back to life. Altho

It's mid-season and plenty of Europe is still in some sort of lockdown. I expect it to pick up again by summer, especially if tourism comes back to life. Although, I believe people may wait to feel a little more secure in their future before they start to spend. There is a fear that winter will see yet another lockdown (despite vaccines). Until that dear subsides, spending may well be subdued.