How COVID-19 Affected Traveling Industry

Coronavirus outbreak has drastically changed our world. This pandemic accelerated the economic crisis that was anticipated a few years before. No wonder that in influenced a lot of essential industries, and the traveling sector is at its darkest hour now. Perhaps even you, reading this article, have planned a trip to a wonderful country, but had to cancel it due to the current situation. Some people wasted a lot of money because not all tourism companies were able to return cash to their clients.

The countries were obliged to keep the borders closed; otherwise, it would put the lives of the whole nations at risk. Even these measures didn’t prevent the contamination of thousands of people. Each person should track the dynamics of this disease. Use only official services for this purpose. Students use Scamfighter.net to know more about the nature of the academic writing company, and you may use similar services to check the reliability of the news website.

Discover how coronavirus impacted the travel industry by region and assess the scope of the problem.

Europe

Europe became the main focus of infection, Spain, and Italy are the most affected countries. It was estimated that Europe would observe a significant decrease in revenue in the tourism industry. For example, if in 2019, the income was approximately 211972 million dollars, in 2020, revenue will be 124029 million dollars. The damage is evident. If we take into account that the traveling industry creates a lot of workplaces, the picture is more disappointing than this. About 13 million people risk losing their job and will have to search for a livelihood. Reading the evaluations and reviews of analysts is a great way to keep pace with the current changes in the world. Students who want to find a reliable academic writing service and consider Expert Writing as a possible option may read Expert Writing reviews and find out more about it.

Asia Pacific

It’s one of the regions where the tourism industry suffered a lot due to the coronavirus outbreak. The estimated loss of revenue in the Asia Pacific is almost 88 billion dollars. All countries in Asia experienced a significant decrease in tourist arrivals, Indonesia is leading because it displayed a reduction of nearly 14%.  China, South Korea, Singapore, Thailand are following her and lose from 8 to 10% of tourists arrivals. Estimated job loss in Asia is 63 million of jobs. These figures let analysts say that this region suffered more than others.

UK and Ireland

British economy mainly relies on tourism, and due to the outbreak in Britain and Ireland, many people changed their plans and canceled their bookings. Almost 50 million people are at risk of losing their jobs because the major airlines have significantly cut the number of flights. By the way, the UK and Ireland are included in the top 10 tourist destinations, so you understand what this pandemic means for the well-being of these countries.

USA

Some airlines and tourist destinations in this country are still working; however, the negative impact is inevitable. The estimated damage to the travel industry in the USA in more than 10 billion dollars, and it won’t be limited to the 2020 year. The travel industry will suffer from this impact for a few more years until the situation calms down.

Africa

The positive cases of coronavirus were recorded in almost all African countries. If we take into account that traveling and tourism make a lot of money and contribute to the economy of this country, we may figure out the devastating effect of this pandemic. Africa may lose almost 50 billion dollars and several millions of jobs, making people look for new ones. A lot of people start freelance jobs to provide for themselves. If you have excellent writing skills, become the expert writer at one of the academic services, such as Writingpapersucks.com, and help students to improve their academic performance. 

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from David's Been Here https://davidsbeenhere.com/2020/05/26/how-covid-19-affected-traveling-industry/
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