Nothing is more global than in the travel industry nowadays. On the whole, it is the one world that we live in thanks to the recent advancements in technology. No doubt, any transmitted disease like coronavirus can pose a long term effect on the travel industry indeed. Considering the industries’ very essence of functionality, it is for sure inevitable. No matter how the world evolved by the global economy and technological advancements, still, governments are not ready to face with broad contagion.
Needless to say, the travel industry is not independent of the situation itself. The velocity of the voyage has never been a peak in history. Accordingly, transmitted diseases are easy travellers as well with the host.
Of course, pacific Asia is the most affected zone among all yet globalism does not let anyone or any industry have “not my backyard” mindset approach at all.
North American, European and South Asian travel markets are very important for the Chinese travel industry and visa-versa. According to Bloomberg; China is the fifth-largest inbound market in the world. Considering the increased middle-class population in the last decade, hard to ignore the positive attribution to the world travel business.
Countries like Thailand, Indonesia, Malaysia, Cambodia have the biggest travel business economic incomes. Since the outbreak has begun it is reported that their tourism revenue has decreased and affected the nation’s economy. As well as the travel industry no doubt.
The Routes Are Changing
So many airlines are facing cancellation and restriction.
According to “airport-technology.com ”, “United Airlines quoted a significant decline in demand as its reason for reducing flights, indicating that consumers are already concerned about visiting China.”
Besides cruises to mainland China, Taiwan, Macau, Hongkong are being cancelled. As well as hotels and other booked events have been either postponed or repealed. On the other hand, travel agencies are looking for alternative routes instead of the far east.
Hence, travel agencies have to compensate for the economic impact of the outbreak.
According to the Guardian; “the idyllic holiday island of Bali has been hit by the ripple effect of the coronavirus crisis, with tourism plummeting and suggestions it “does not have the capacity” to treat patients if they become sick.”
Travel agencies in Indonesia are complaining about the escalating downturn of sales and customer numbers. Besides travellers who visited china have been denied to enter some countries or visa applications that are being ceased by the EU, USA & Canada.
In addition, business-related travel plans such as expos and conferences have overcome by the travel bans either.
Bloomberg states, “the crisis will carry into 2021, expert says.”
Understandably, The travel industry will have to struggle with the crisis in 2021. Therefore it should be ready for instant changes and unwelcome situations. And must be creative for alternative destinations.