Overview: what coronavirus means for the travel industry
21.07.2023 - 08:19
/ roughguides.com
With government bans on non-essential travel, airline fleets grounded and bars and restaurants closed around the world, the tourist industry has been hard-hit by the coronavirus pandemic. But as lockdowns are gradually lifting and societies start to reopen – observing social distancing measures, of course – we ask what coronavirus will mean for the travel industry going forwards. Here, we share our projections for the rest of 2020 and beyond: and don’t worry, you won’t have to kiss your summer holiday goodbye just yet!
Tourism has been one of the industries most damaged by coronavirus. Airlines, hotel chains, cruise companies, bars and restaurants and travel media have all experienced unprecedented losses; they are almost universally closed as people follow government guidelines to stay at home. Big-name players have not been exempt from the fall-out: Flybe went into administration as early as 5 March, Lonely Planet announced it would be shutting down most of its operations in London and Melbourne in April and just this week British Airways released plans to make 12,000 of its staff redundant. The big figures are no less worrying: a statement from the World Travel & Tourism Council suggests that across the sector we can expect a titan 100 million job losses due to the pandemic.
But what will airlines going under or scaling back mean for travellers going forwards? In the short term, carriers everywhere will be operating fewer flights and routes to match decreased demand. The good news? To give flyers more confidence to book, many airlines have changed their policies to increase flexibility, making it easier for customers to cancel or change their travel plans right up to the point of departure. Looking further ahead, as the industry begins to revive, routes will gradually reopen and flight numbers will rise – we’ve seen the industry recover before (think: 9/11) and we’ll see it again. While fewer routes could mean higher flight prices, there’s just as likely to be a raft of offers and incentives as airlines try to encourage travellers to take to the airs once more.
As countries around the world start to gradually lift their lockdowns, people everywhere are beginning to look towards the future. Restrictions are already being relaxed in European countries including Italy, Spain and France, while New Zealand has declared coronavirus “eliminated” within its borders.
Greece, meanwhile, has withstood the pandemic better than many expected, and is also looking to lift many of its lockdown restrictions. In a country where tourism accounts for one in five jobs and contributes 20 percent of the GDP, its government is already thinking about how to revive this lucrative industry. The Greek tourism minister has