COVID-19 - The Impact on Travel and Hospitality Industry and the situation ahead
COVID-19, the pandemic started its spread since November 2019 from Wuhan, a state in China. Since then as the virus spread across different developed nations like Italy, Germany, and the United States the world economy has suffered a shiver in its spine. On January 30th, the virus was declared a Public Health Emergency of International Concern. Affecting more than 185 Countries as on date, the virus has made major industries and hubs count each penny. TRAVEL BANS T he Travel Industry was among the first to get the taste of the virus. T here has been a drastic fall in the number of international flights and domestic flights as more than 100 countries have imposed travel restrictions for inter-country travel and there is restricted travel within the country facing the lockdown. The European Union sealed its borders to restrict any non-essential travel in March for 30 days. The US has banned 26 Schengen Nations . In Addition to these, the ban was extended to ...