A government warning not to board a cruise ship or long flight if you’re frail. Convention and event cancellations from coast to coast. Global travel warnings.

The travel and tourism industry has taken hit after hit since the coronavirus outbreak began in January. It’s still early for concrete data, but economists and industry executives fear 9/11- or recession-like repercussions. Travel demand plummeted, then and was slow to recover.

“Unfortunately, they’re on the front lines on the effect of this virus. They’re getting pummeled,” said Mark Zandi, chief economist for Moody’s Analytics.

He said the travel and tourism impact from coronavirus could be greater than the fallout from 9/11, or the 2003 SARS outbreak, because of the global nature of the crisis.

“Global travel is effectively shutting down,” he said. “It’s going to take a while to get it back up and running again. This is going to be a very tough year for the travel and tourism industry.”



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PGA Tour won't allow fans for foreseeable future due to coronavirus

Thu Mar 12 , 2020
<div class="at-above-post addthis_tool" data-url="https://corporatereloinc.net/coronavirus-concerns-anxiety-send-travel-industry-into-a-spiral/"></div>Supporters make their way all-around the program through the very first spherical of The Players Championship on The Stadium Course at TPC Sawgrass on March […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt --><!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons above via filter on get_the_excerpt --><!-- AddThis Share Buttons below via filter on get_the_excerpt --><div class="at-below-post addthis_tool" data-url="https://corporatereloinc.net/coronavirus-concerns-anxiety-send-travel-industry-into-a-spiral/"></div><!-- AddThis Share Buttons generic via filter on get_the_excerpt -->
PGA Tour won't allow fans for foreseeable future due to coronavirus