The ongoing corona virus is likely to make travelling a luxury once again, as it was until quite recently in human history. Conversely, there may be positive impacts on the planet and the fight against climate change. Business research conducted by the University of Florida, affirms that the tourism industry will shrink this year. It also states that more than three- fifths of travellers will consciously curtail their travel plans in 2020. Individual travels will now have more value. Countries will be increasingly reliant on wealthy visitors. This was always the case with New Zealand, Bhutan, Tanzania and in Botswana, but set to spread to other parts as well. Many people could lose their jobs in the impending economic crisis, so holidays will get out of their budgets. Cruise travel could be hit hardest in terms of a price rise.

Source:https://www.tourism-review.com/future-of-tourism-holds-50-cuts-news11502

Uploaded Date:30 April 2020