Product : VMware, Site Recovery Manager/8.2, Enterprise
Feature : Reprotect, Orchestration, Recoverability
Content Owner:  Herman Rutten
Summary
Yes
Details
After a recovery, the recovery site becomes the primary site, but the VMs are not protected yet. If the original protected site is operational again, you can have SRM reverse the direction of protection in an automated fashion to use the original protected site as a new recovery site to protect the new protected site.