Covid-19 Impact On Travel Industry & Factors For Comeback | TO THE NEW Blog
Summary
Travel industry suffered huge losses and faced challenges from every side be it its internal operations, revenue generation or demand & supply. In March 2020, world governments realised the severity and started issuing a country-wide lockdown, restricting travel. Lots of people got stuck for months, travel was restricted, flights/trains were cancelled, hotels and public places were closed. and to continue essential services at the minimum possible opex, a lot /vendor relations were terminated for an indefinite time to reduce cost. If such a code of conduct, protected by law will be in place for tourists, that will bring more confidence and make people feel safer in international travels.
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