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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

As is well- known by now, the travel and tourism industry will be amongst the hardest hit by the COVID- 19 pandemic. The latest figures are outright depressing. The World Travel and Tourism Council (WTTC), has now affirmed that there may be a loss of a staggering hundred- million tourism jobs thanks to the pandemic and its related outcomes. This sector will in fact be hardest hit in the wealthiest of countries, with about a third of the job losses expected to be in the G 20 countries. The WTTC further notes that it is only the G 20 that has the power to curb this onslaught. Among continents, it is Asia that will suffer the most, followed by the Americas and Europe. The travel and tourism industry, at present accounts for about a tenth of the global GDP, and this will be severely impacted.

Source:https://www.travelagentcentral.com/your-business/wttc-estimates-over-100-million-travel-tourism-jobs-will-be-lost

Uploaded Date:30 April 2020

The COVID- 19 global pandemic is set to trigger massive losses for the tourism sector. No country would be left out of this revenue contraction. It is no wonder, that Italy which is one of the leading nations in this sector, and among the top sufferers from corona virus, will be particularly hard hit. A total of more than four million tourism jobs existed in the country until now. The sector represents a whopping thirteen percent of the country’s GDP. But this year, tourism Italy could be staring at losses representing a staggering one- hundred and twenty billion Euros. It may now take up to two years for this to recover. Domestic travel may turn out to be the only saviour amidst such a gloomy situation.

Source:https://www.tourism-review.com/italian-tourism-counting-the-losses-news11481

Uploaded Date:28 April 2020

The tourism industry is worldwide expected to see a significant contraction this year, due to the movement restrictions imposed as a result of the COVID- 19 pandemic. France is no exception. There is likely to be a forty percent decline in turnover this year. A study was recently conducted by the marketing research agency- the Roland Berger Company. Its survey with experts, however points to light- at- the- end- of- the- tunnel. It reveals that French tourism should reach back to the pre- COVID ‘normal’ levels by the year 2022. This would mean a decline for two years only. A similar trend is also set to follow for outbound tourism from France, with a full ninety- nine percent of professionals agreeing that the French people will travel abroad less this year.

Source:https://www.tourism-review.com/french-tourism-will-suffer-long-term-news11480

Uploaded Date:28 April 2020

The COVID- 19 pandemic has already triggered an enormous human and financial crisis, but there may be more to it. Experts from the tourism industry believe that even if the worst of suffering may soon get over, the industry will struggle long to recover its past lustre. The tourism operators’ union communicated via its website that Italy could get its inbound tourist numbers reduced to its low of the mid 1960s’ level. Back then, air travel was much more expensive. The world was also divided into blocs thanks to the Cold War. This limited the inter- bloc travel. A total of three million tourism jobs are there are present in Italy, with the sector contributing to about thirteen percent of the national GDP. Beach tourism has especially been hit hard. This will impact about thirty- thousand small companies operating in this segment.

Source:https://www.tourism-review.com/tourism-in-italy-to-rely-on-domestic-tourism-news11463

Uploaded Date:16 April 2020

Stephen Hawking, easily considered one of the greatest scientists of the last century, had once proclaimed, how intelligence reflected in one’s ability to adapt. Businesses world- wide are having to do so, and at pace, thanks to the COVID- 19 pandemic that has hit us. Companies are increasingly making us of virtual meetings and remote work. Tools such as Microsoft Teams, Skype and Google Hangout are more in vogue than ever before. Digital marketing has become the mode of choice for marketers at every level. There will be several cultural adaptations that businesses will need to continue even after the peak of this current pandemic would have slowed down. One of them is how speed and agility will become critical, and even replace size or scale in terms of importance. Another is the adaptability to the environment, by keeping liquidity stable. A new look will need to be implemented. In order to propel business innovations forward, collaboration will need to be boosted up. Especially for tourism- based companies, digital intelligence must now be built in. This crisis in fact, offers companies the chance to explore newer opportunities.

Source:https://www.tourism-review.com/smart-tourism-companies-take-advantage-of-the-crisis-news11465

Uploaded Date:16 April 2020

Several of the Disney Parks are now closed due to the COVID- 19 pandemic. But this has not dimmed the enthusiasm of the Avengers Campus which is set to open within the Disney California Adventure Park sometime in June. Once on, it will have superior immersive technologies, not experience before. There will be a collection of super heroes within it. This includes those for Black Panther, Doctor Strange, Thor, Groot, Captain Marvel, Captain America and the Guardians of the Galaxy. Among the major business innovations, will be the Web Slingers, based around Spiderman and a separate space for Iron Man. A dedicated dining area will also have several options.

Source:https://www.tourism-review.com/avengers-campus-is-a-new-show-by-disney-news11435

Uploaded Date:31 March 2020

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