Battered global tourism industry makes reopening plans

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Battered global tourism industry makes reopening plans GlobeBusiness

When tourists do finally return, they will face a changed landscape that incorporates social distancing and other measures to calm residual fears over COVID-19, the disease that has so far killed more than 244,000 people worldwide and infected millions more.“It takes time to shake fear from the hearts of people, not to mention the economy,” said Mahmoud Hadhoud, founder of Egypt Knight Tours, who doesn’t expect foreign tourists to start trickling back into Egypt until September.

Wynn Resorts CEO Matt Maddox said his company may sanitize dice between users, put fewer seats at blackjack tables and idle slot machines between players at its casinos in Las Vegas, Boston and Macau. Millions of people who depend on tourism are laid off or furloughed. In the U.S. alone, an estimated 8 million tourism-related workers are jobless right now, or about one-third of total U.S. unemployment, said Roger Dow, the president and CEO of the U.S. Travel Association.Alexandre de Juniac, CEO of the International Air Transport Association, the leading airline trade group, said carriers need to fill at least 70% of seats to break even on most flights.

In some places, governments are stepping in to help the sector. Serge Cachan, president of the Astotel hotel chain in Paris, closed his 17 properties in March and expects to lose 70% of his business this year. But the French government will help the chain get through it, he said. The government is paying around 80% of furloughed hotel workers’ salaries.

But not everyone is comfortable with reopening. Marco Michielli, who owns the 67-room San Marco Hotel in Bibione, a beach resort east of Venice, Italy, said many hoteliers worry their businesses will be ruined if the virus spreads on their properties. Some would rather reopen next year than serve guests this summer with desk staff and bartenders wearing masks.

 

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globebusiness Now that the world has learned how to live and work in virtual world, do they think they will risk leaving their homes to see great wall of china? You see it million times on line, TV etc, you saw it trillion times. So why bother?

globebusiness Never been a fan of world travel but anyone planning to travel over seas soon or even next year are totally insane if a vaccine is not found.

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