The world has been in a pandemic for over a year now. And the moment the spread of coronavirus began, the first industry that went down was the travel industry. This is because most people were locked in their homes for a very long time.
Even to date, the world has not recovered. The world economy is registering huge losses every day. And with the vaccine on rollout now, we expect things to at least start returning to normal.
If you are a player in any travel industry area, you probably know things are not yet looking good. Unfortunately, some sectors might take a while before they could revive come back to normal.
This article will share with you some of the top affected areas in the travel industry.
- Hotel Industry Sector
The hotel industry is the first area that has been hit hard by the COVID-19 pandemic. As the world stays in lockdowns, the hotels remain empty. More people are staying safe in their homes and avoid areas frequented by people.
At the moment, some hotels are getting visitors. But it’s not like it was before. The occupancy level in these hotels is still very low as compared to when the world was free from the virus.
And until the lockdowns are lifted completely, the hotel industry will still struggle. Also, the fact that the world economy is struggling it might take some time before travelers could have budgets to travel and stay in hotels for a long time.
Unfortunately, with the effects of COVID-19, some hotels closed their doors, and they might remain shut for more years to come. Some might never be opened ever again.
- Tour Sector
As the world bleeds with the pain of the virus, the tour sector is slowly dying. International travel specifically is struggling to keep up with the effects of the virus. This people are not traveling across the world like they used to.
Only local tourism is functioning at the moment. However, the local sector is also struggling to keep the constant flow of local tourism. This is because people don’t really have the budget to be tourists. Others are still afraid of catching the virus when they recklessly travel around.
- International Travel Sectors
International travels have been hit the most after the hotels. When COVID-19 was announced at first, airports turned to park lots for planes. Borders were closed, and there was minimal movement across the world.
At the moment, the world is not fully opened. Air travel is still affected, and people are not moving from one country to the other like they used to.
However, with the vaccine being administered worldwide now, there are high chances that the travel industry will be the first sector to revive. This is because people must travel and the world has to go back to normal business.
The travel industry has been highly affected by a coronavirus. Some sectors are struggling to stay afloat. And worst of it all, some might take years to recover.