By the end of the first quarter of 2020, business analysts and experts forecasted losses of billions of dollars to the world economy, with almost every major industry affected by the Covid-19 pandemic. A few industries; however, were more gravely threatened than others. The travel industry was probably the industry that was the most threatened.
With an estimated loss of almost $24 billion through tourism, trips and events cancellation, the travel sector experts are forecasting some tough times through the second and third quarter.
Even when travel recovers, it may never be the same again. Many travel industry experts and economists agree that travel might no longer be the same as before. In this article, we will discuss 3 big changes that we should expect once travel resumes:
More Restrictions and Sanctions Based On Health Status
The first and foremost procedure that every country might follow, as soon as regular operations resume is to implement more restrictions and strict rules and regulations based on the health status of individuals. This means that passengers and travelers can expect more strict checkups and medical tests, and they might also need to provide proper documents regarding their vitals, suspected diseases and so. Travel insurance may also become a necessity, rather than a luxury. People with heart conditions, blood pressure or any other medical problem might also face problems or restrictions while travelling.
Severe Impact On Local Tourism
While this may depend upon the respective policies and regulations of each country and region, things might not be as smooth for local tourism as they were before the pandemic. With social distancing becoming a norm, this might very well be the case until a vaccine is found and administered to people. Large gatherings in the form of a crowd might now be reduced to a few people at a time. We are already seeing this in supermarkets and grocery stores where a limited number of people are allowed to enter the store. Moreover, the number of tourists allowed in a specific country might also be regulated, resulting in shorter visa validities.
Impact On International Tourism
Domestic, local and inter-city travel may return to regular operations faster than international travel, which will take a major hit during this pandemic. With the fear of subsequent outbreak, countries may focus on limiting tourism for an extended period of time. Countries like Italy, Spain, Germany and the United States who have been particularly hit hard by the virus may also enact further travel restrictions until a vaccine is created, tested and administered.
The travel industry will emerge as a very different industry post this pandemic, and it is important for both travelers and travel companies to be ready to brace these changes.