Coronavirus impact on US travel industry and airlines - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The coronavirus is slamming the US travel industry, with experts predicting it will wipe out more than $10 billion in spending from Chinese visitors

During the SARS outbreak, the US experienced a 30% decrease in visitors from China, and a 10% fall in travelers from the rest of Asia, according to the Tourism Economics report. It took three years for the market to fully recover.

"Given the massive increase in the Chinese travel market, the impact in absolute terms will be much larger than from the SARS crisis," the report said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Devastating. Particularly on top of the Trump slump. Who'd want to go to an America that is such a hostile environment, anyway?

that's ok. happy to take the hit.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Monzo: Neobank plans to grow sustainably into US and continue UK push - Business InsiderMonzo, one of Europe's hottest neobank startups, wins 200,000 customers a month without marketing. Now it's coming for the US.
Source: BusinessInsider - 🏆 729. / 51 Read more »