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Coronavirus and Travel industry. What will happen after?

Everyone is concerned about one common problem right now. Without a doubt, COVID-19 officially named pandemic by WHO affected all industries, including travel industry.

What will happen with tourism after coronavirus is over? I have revised all future tendencies in tourism after coronavirus and explained in my article.

Current situation

Current situation for now, 19 of March, 2020 is the following: in UK the Foreign Office (FCO) is advising people against all but essential international travel. Border closures and other travel restrictions are increasing globally. The FCO advice took effect on 17 March, for an initial period of 30 days. Europe: The EU has proposed that all non-essential travel should be suspended to European Union for 30 days. This would affect travel from outside the EU, but the UK would be exempt.

What will happen with tourism after?

Suggested outcomes after COVID are positive. When the situation is over, travel leaders are expecting even more demand. They explained it as travel is a highly resilient industry that has come back again and again from diseases and natural disasters.

According popular travel websites statistics, more than half of Americans (58%) are planning to travel between May and September 2020 and 21% will choose domestic travel.

But as we can see the international travel will fall, as people will tend to travel locally. Also, there will be more deals for travelling. Hotel would offer a better value. So you will have more opportunities with attractive deals with higher value.

There will be a lot of preventive measures done. Airlines already have bumped up their sanitation efforts to stem the virus' spread. Everywhere will be hand sanitizers. People will be more aware of personal hygiene. Disinfecting is helpful, frequent hand washing is among a traveler's best defenses, infectious disease experts say.

Other travel industry parts

Suggested scenarios are very positive but not for all. Talking about other travel industries part, the outcome will be negative. Some cruises specializing companies would not survive and go bankrupt.

For now the FCO is advising against all travel on cruise ships for passengers aged 70 years and over or those with high-risk conditions. Some destinations are placing bans on cruise ships docking or passengers disembarking, including Australia, Chile, Colombia, Greece, Italy, Montenegro and Portugal.

Princess Cruises has suspended global operations from March 12 to May 10, and Royal Caribbean, Norwegian and Carnival have suspended outbound cruises for about a month.

Viking is temporarily suspending operations of river and ocean cruises from March 12 to April 30.

Virgin Voyages has postponed the maiden voyage of its first cruise ship, Scarlet Lady, until August.

Hurtigruten, which is known for its sailings in the Nordic region such as the Norwegian fjords, has suspended all sailings effective through the end of April.

What do you think about future situation after COVID-19 is over? Would you travel or you prefer to wait? If you have your question, please write it below, I would be glad to answer your questions or to introduce your project to my team at Astorts Group to be evaluated.

Alessandro Rocco Pietrocola is an entrepreneur and investor based in London and operating mainly in Europe, Asia and Oceania with main focus on UK, Baltic Countries, Russia, China, Hong Kong, Malaysia, Singapore, Middle East and New Zealand as area of interest! At the moment is the Ceo of Astorts Group. He is an UK FCA (Financial Conduct Authority) Approved Person and is has great experience as director of regulated companies. He uses to dedicate part of his life to inspire others and help them achieve the most out of their life. Since he was 20, he had successfully founded and managed several companies operating in the field of management consulting, wealth management and fintech. He loves travelling, he is a cigars lover, an amateur golfer and a dapper man.


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