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Travel Industry Suffering during COVID-19

Neither a war nor a natural disaster,it is the COVID-19 coronavirus whichis responsible for causing the worldwide pandemic that we are facing. It has swiftly disrupted our way of life,claiming thousands of lives andcausing mass devastation. Originating from the Wuhan city in China, there is now almost no country left on the globe that has been unaffected by this coronavirus. Every country, every continent, is now suffering from it’s wrath.

The current death toll of COVID-19 as of May20, 2020 data stands at over 330,000 with a staggering number of live cases at over 5 million. The numbers are quite horrifying and clearly present the gravity of the situation. There is no doubt in asserting that the entire world is suffering from theconsequences of thiscoronavirus. Whether it is struggling with the disease or coping with life in isolation,everyone has their own story to tell about this phase.

COVID-19 is a respiratory virus that can also spreadwhen a person coughs or sneezes, infecting others with their nasal and mucous droplets. Since there is no cure for COVID-19 as of yet, the situation has turned into a terrifying pandemic. Social distancing and isolation are just two important measures to curb the spread of thiscoronavirus.

The Effect Of Coronavirus on the Travel Industry
Everyone is sharing their experiences of sufferingdue to COVID-19. It is quite certain that the mass lockdown and social distancing will negatively affect all industries and even the economy as a whole. As people are forced to sit and work from homes, the industries will suffergrave losses. And without a doubt, the travel industry will be one of the hardest hit during the outbreak.

“US travel industry has suffered $910 B loss due to Coronavirus outbreak”

Since the COVID-19 outbreak, the travel industry has been heavily impacted. With flights having to cancel due to lockdowns, the airline industry has had to refund all the cancelled tickets to their customers and the International Air Transport Association has decided to issue vouchers instead of refunds. It is important to understand with the cancellation of flights, the tourism industry will also suffer tremendous losses.

It is extremely crucial to maintain social distancing and avoid crowding as much as possible in orderto flatten the curve. Hence, it is essential to cancel the flights and support the lockdown all around the world. With the increasing number of live cases globally, it can be assumed that the lockdown will be extended to reduce the pandemic proportions. Along with the airline industry, the hospitality industry is also suffering in losses due to the increased COVID-19 cases. As an example, travellers have stopped checking into hotels,causing a steep decline in hotel occupancy.

Coronavirus Negatively Impacting the Hospitality Industry
Amid the outbreak of COVID-19 following the Chinese Lunar Year, the hospitality industry has witnessed a hugedrop inoccupancy. There are hundreds of hotels that are on the verge of closingsimply because they cannot sustain without occupancy revenue.

It is now becoming more and more evident that even when the pandemic improves, it will take at least a year or two to reclaim the significance of the hospitality industry. As such, COVID-19 is clearly a prime example of the importance of outlining a detailed plan that manages and reacts to future pandemics. One of the keypointswould be the requirementof allocatingmonies to maintain a special fund for future disaster recovery.

Not only have hotel occupancy rates declined, but millions of jobs are also at stake. According to the American Hotel and Lodging Association, 45% of hotel jobs are eliminating in the next few weeks. The current forecasts indicate that there will be a 30% drop in the hotel occupancy over the next few years and eventually this will causemajor hotel jobs losses, including General Manager positions.

What’s Happening In The Travel Industry?
The travel industry has plunged into the Abyss! According to the report, the travel industry officials are meeting with Coronavirus task forces at White House to discuss the economic impact of COVID-19 on the travel industry.
• Adhering to the current impact of Coronaviruses on the travel industry, the hotel industry is expected to lose over $1.4 billion in the following weeks.
• Marriott Hotels have been eliminating their employees from major job positions to compensate for the revenue losses.
• Due to the widespread cancellations of hotel bookings and low hotel occupancies, it is said that it will take around 2-3 years for the hospitality industry to recover.

Coronavirus Will Continue To Impact The Travel Industry
The current lockdown due to COVID-19 is effectively destroying industries, especially the travel industry. It is urgent that the hospitality industry create an immediate action plan to handle the situation. Social distancing and crowd control are few ways to reduce the spread and hotels have to be able to sustainduring this era of the pandemic.

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Corona Virus Disease 2020 – COVID19 Pandemic

Severe Acute Respiratory Syndrome Coronavirus 2-One of the most dangerous respiratory virus in the world’s history which can convert any innocent human being into a biological weapon.

Coronavirus originated in China in late 2019 as a cluster of mysterious cases of pneumonia then spread throughout the world making 32,56,846 people sick, and 2,33,388 people dead where the U.S. accounts for 33.6% of the total global cases with 10,95,645 reported sick and 63,746 reported dead so far as on 1 May 2020.

It originated in China but four countries —the U.S., Italy, Spain, and Germany have more cases reported than China.

The USA is a highly developed country, having only4% of the population of the whole world still holds 29.4% of the total wealth in the world. It ranked 30 in the world’s medical care facilities. It is a global leader in medical innovation. The U.S. health-care system far outspends than any other nation despite all this knelt in front of this Pandemic.

There is no Sector of Nation which is left untarnished–GDP is falling, Economy is scattered, Scarcity of new Jobs, Business undergoing losses, No export/import, and one of the most affected sectors are Travel and Tourism.

This is one of the worst crises ever to hit the tourist industry impacting all its geographical segments -inbound, outbound, and domestic, almost all tourism verticals -leisure, adventure, heritage, MICE, cruise, corporate, and niche segments.

The whole tourism value chain across hotels, travel agents, tour operations, destinations, restaurants, family entertainment venues, and air, land, and sea transportation has been hit.

ROOT CAUSE OF EXPONENTIAL DOWNFALL IN TRAVEL AND TOURISM INDUSTRY:

CONTAGION: As per WHO, COVID-19 is a contagious disease but it’s unclear exactly how much contagious the new coronavirus is and that is the main reason why it’s menacing. Data has shown that it spreads from person to person among those in close contact (within about 6 feet, or 2 meters), by respiratory droplets released when someone with the virus coughs, sneezes, or even talk. So, to enmesh with this virus you just need to breathe, standing close to the infected person.

It can also spread if a person touches a surface with the virus on it and then touches his or her mouth, nose, or eyes. It can remain viable on surfaces for hours to days and may be able to enter the lungs directly when inhaled. Airborne droplets are likely to be the main infection route, but contaminated surfaces could play a role too. Health advice typically says the virus can persist for about 2 hours on surfaces, says William Keevil at the University of Southampton, UK. But a study published last week suggests that this is a serious underestimate, with viable virus surviving on cardboard for 14hours and plastic and stainless steel for up to three days (New England Journal of Medicine,doi.org/ggn88w). It can also hang around in the air for at least 3 hours.

That is why the World Health Organization has declared this virus a Pandemic

Maintaining social distance or Complete Lockdown is the only way to escape the clench of the coronavirus for any Nation and that is why people are avoiding traveling and Tourism Industry is falling.

IMPACT OF CORONA VIRUS ON USA TRAVEL AND TOURISM INDUSTRY

Global Health AdvisoryLevel 4–Do Not Travel(by united States govt.)

The COVID19pandemic deals a crippling blow to the travel and tourism industry..”As the news of the virus started picking up from November, the percentage of cancellations started going up in this segment exponentially and is reaching a peak. America’s travel industry is among the hardest hit, with the government suspending all visas, with the economic impact being assessed to run into millions of dollars.

Not only the International Travellers but alsotheIntracountry travelers are canceling their Hotel, Flight, Bus, Cab, Train bookings because of complete lockdown. Even the most crowded places in the world like new York, Chicago, Los Angeles, LasVegas, Boston, San Francisco, Miami deserted now.

On March 19, the State Department issued a Level 4 “do not travel” advisory, recommending that United States citizens avoid any global travel as many countries are experiencing COVID-19 outbreaks and implementing travel restrictions and mandatory quarantines, closing borders, and prohibiting non-citizens from the entry with little advance notice. Airlines have canceled many international flights and several cruise operators have suspended operations or canceled trips.

According to UNWTO, World Tourism Organisation-A United Nations Specialized Agencyalso clarified that tourism is currently one of the most affected sectors.

  1. As of today, UNWTO estimates that in 2020 global international tourist arrivals could decline between 20-30%, down from an estimated growth of 3% to 4% forecast in early January 2020.
  2. This could translate into a loss of US$ 30 to 50 billion in spending by international visitors (international tourism receipts).

The impact on travel is six or seven times greater than the 9/11 attacks,” says Roger Dow, president, and CEO of the U.S. Travel Association, which encourages travel to and within the country and represents an industry that generates $2.6 trillion in economic output and supports 15.8 million jobs in the U.S.

As perMs.Virginia Messina Managing DirectorofWorld Travel and Tourism Council-Around 850,000 people travel each month Europe to the United States, equivalent to a $3.4 billion monthly contribution to the U.S. economy and if this would not halt ASAP approx five million people would lose their jobs in America she projected.

 

SO LET’S STAY POSITIVE AND HOPE FOR THIS CATASTROPHE TO CULMINATE ASAP.

TRAVELLING TIP-IN CASE OF EMERGENCY:
  1. Follow The Smart Traveler Enrollment Program(STEP). service of the Bureau of Consular Affairs U.S. Department of State is a free service to allow U.S. citizens and National traveling and living abroad to enroll their trip with the nearest Embassy or Consulate. (https://step.state.gov/step/)
  2. Make two copies of all of your travel documents in case of emergency, and leave one with a trusted friend or relative
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What is the effect of coronavirus on travel industry specially for USA traveller?

The pandemic of COVID-19 has caused devastation throughout the globe. Having originated in the Wuhan City of China, the novel Coronavirus has created a panic situation among the people worldwide. Each and every country has been affected by COVID-19 and is in great turmoil. The death toll that stands at 234,000 as of May 01, 2020, further adds to the grave situation. The horrifying statistics depict the seriousness of the situation. Apart from affecting the lives of the people, the pandemic has led to the loss of revenues of a number of industries.

The Effect of Coronavirus on the Travel Industry

Among all the industries, the travel industry is being affected the most. COVID-19 has literally brought the travel industry to a standstill. The travel industry that witnesses nearly a billion trips a year has come to a complete halt due to the rapid spreading of Coronavirus. As social distancing and lockdowns are being used as tools to bring the situation under control, the travel industry continues to suffer. With people staying back at their homes, taking up work from home, and canceling their travel plans, the travel industry is largely affected.

Coming to the travel industry of the United States of America, the losses are snowballing. According to the US Travel Association, the collapse in the travel industry of the USA will lead to a 910 billion dollar hit to the country’s economy. According to the data recorded by Tourism Economics, the travel and tourism industry of the US will potentially suffer a loss of about 24 billion dollars in foreign spending. The crisis of Coronavirus is affecting the industry really hard and pretty fast. The airlines and hotels are the ones that suffer the immediate repercussions of the pandemic.

Impact of Coronavirus on the Aviation Industry

Since the very beginning of 2020, many countries started shutting down their borders that led to the travel restrictions. The aviation industry faces a direct impact of the Coronavirus outbreak. In the month of March 2020, American Airlines have reduced 10% of its international flights. The loss of revenues of the airlines across the globe is forecasted to be 252 bn USD. Owing to the lockdowns, the aviation industry reports a huge number of flight cancellations.

As of May 21, 2020, the number of flight cancellations surpassed the number of new bookings in the US aviation industry. It is even a worse situation than that of 9/11, the US Treasury Secretary has said. Moreover, the airlines have to cancel the booking and refund the amounts to the customers, thereby putting them under more stress. In the wake of the novel Coronavirus, the employee furloughs, capacity cuts, and cash constraints in the aviation industry are domination the news.

By the month of June, the American airlines plan to retire the remaining 767-300 ERs. Moreover, it is not likely to back-fill the capacity any time soon. The network of the US airlines expects to see a change after the pandemic ends. The decisions that the US airlines will make in the post 6-12 months of the pandemic will shape the US airline network’s future.

Impact of Coronavirus on the Hospitality Industry

Along with the aviation industry, the hospitality industry around the globe is suffering much loss due to the Coronavirus pandemic. The COVID-19 is having a severe economic impact on the hotel sector. According to the American Hotel and Lodging Association, about 45% of the jobs in the hotels are likely to be eliminated. Keeping in view the present status, a 30% drop in the hotel occupancy can be predicted. If such a case happens, the hotels will experience a loss of about 4 million jobs.

Owing to the current situation of travel demand, the hotel industry will be losing nearly 1.4 billion dollars of revenue every week. The economic impact on the hospitality industry due to the novel Coronavirus will ultimately affect the United States economy. According to the reports of the World Street Journal, Marriot Hotels have even started furloughing their employees. Urgent actions are necessary to address the situation and save the hotels from incurring huge losses.

The Near Future

As the case of the Coronavirus is still on the rise, the future of the travel industry remains still uncertain. A specific solution needs to be crafted in order to bring the grave situation under control. The broad shutdowns owing to the rapid spread of the Coronavirus are affecting the travel and hospitality industry really hard. Government aids can help in preventing the disruption of various industries. Still, there is a positive hope for the bright future of the travel and aviation industry. As the world recovers from the shock of COVID-19, the demand for these industries is likely to increase.

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Coronavirus effects on Travelling in the USA

The present pandemic situation has brought a halt to the world. While many countries are going through a lockdown period, airports have been closed and travel has been restricted by different countries as the COVID-19 continues to claim life. Over millions have been infected globally, while thousands have already succumbed to the deadly virus. Social distancing is becoming the new normal. As we see a spike in new cases across the world, it is likely that there will be international travel restriction for some time now.

If you’re planning to travel to the USA, here is some important information to help you make an informed decision.

  1. If you’re stranded in India and wanted to return to the US, now is the time to do so says the US Embassy and Consulates in India. A series of flights will carry back US citizens to the US this week. So, if you’re a US citizen who wishes to return to the US, now is the right time to leverage this opportunity.
  2. If you’re wondering if this is a good time to book your hotel stay in the US for your upcoming travel, then it would be difficult to predict now. With travel restriction, travel bans, and cancellation of events, it is rather difficult to assume that things will normalize anytime soon.
  3. If your travel plan has got canceled for the pandemic situation and if you’re feeling miserable about it, start planning for the next vacation. You don’t need to finalize the travel dates. You can do that once this crisis is over. But meanwhile, planning for the next holiday will make you feel better and also keep you occupied for some time.
  4. Now that you have plenty of time to think, jot down all the places that you want to see, which hotels to book for an experiential stay, list down restaurants to eat, which are the best tour operators and travel advisers to help you plan your next travel. With so much time in hand, you can chalk out a beautiful and customized itinerary. Discuss with your family members so that everyone can participate and contribute to the next family holiday plan.
  5. Now is also a good time to collect miles which will come handy when you do your actual booking. Plus, it becomes a lot easier when you cancel a ticket bought with miles than an actually paid one as only a few airlines offer free or inexpensive cancellation charges to its elite members.
  6. Hotels are now more than ever flexibles with their booking policies. As we are living through a history of uncertainty, the travel industry being hit worst, hotels and tour operators are becoming more and more flexibles. Rental homes and shared apartments through Airbnb had been a popular choice among travelers across the globe until now. But, with the recent situation where social distancing is the only way to stay safe, renting Airbnb apartments is now questionable. However, if the situation improves, Airbnb can be a good accommodation option for your travel. As reported in USA Today, guests can book hotels last minute without paying penalty. So, you can go ahead and make your booking by taking the good deals that are being offered by some of the top hotels at the moment because of the current situation.
  7. Similarly, airlines are also offering lots of flexibility to their patrons. For example, the new policy announced by United, says that all the tickets that were booked between March 3 and March 31, 2020, can be changed for free for a future date. This could be for a ticket of equal or lesser value for the next 12 months from the original travel date. The airlines have also announced to waive change fees for tickets bought on or before March 2 that had travel dates between March 9 and April 30. On the other hand, American Airlines has mentioned that it will waive change fees for all bookings that were done through April 30 if you book a ticket on or before December 31. With this ticket, you can travel anytime between the next 12 months. Their deal is for both awards and paid tickets.
Some other important pointers to note:

Consider purchasing trip insurance if you have not thought about it before. This comes handy, especially for expensive trips. Given the present condition of uncertainty, you won’t be caught off guard when you have trip insurance with you.

The state by state travel policy is shrinking every day, so ensure to check the travel regulation for the particular state before you make an arrangement.

Coronavirus, has affected by the travel industry and traveling in the USA, has come to a halt. But remember, this too shall pass soon. So, don’t feel low, and make use of the time to plan your next holiday so that you have all the information at the tip of your finger when the situation improves and you don’t have to keep yourself locked up in the house. Hang in there till then and be safe!