One of the business groups most heavily impacted by the coronavirus is the travel industry. The ability for us to go and enjoy ourselves and venture out in travel has been completely halted by the stay at home orders that have begun due to this pandemic. The data surrounding just how much travel and tourism has changed frequently, but travel agencies in Destin, FL have been greatly impacted negatively.
If the pandemic continues for the next several months, the World Travel and Tourism Council has predicted that the major companies for tourism will project a world-wide loss of 75 million jobs and 2.1 trillion dollars in revenue. For example, British Airways had to let go 36,000 employees due to the pandemic. America has by far received the worst hit in the travel industry. The U.S. Travel Association has projected a loss of about 4.6 million jobs through May and this is set to increase. Tourism decreasing has caused a steady decline in hotel and casino business, as well as other places that tourists typically visit.
Tourism is said to be 6-7 times worse off than it was during 9/11. The impact on travel has significantly taken a toll. Thankfully, Congress issued a $2 trillion stimulus to help those that are unemployed as well as to help small businesses and travel agencies and vacation rentals in Destin, FL, such as Have Travel Memories, to gain more business and to even be able to stay in business during these uncertain times.
For more information on how the coronavirus has impacted the travel industry, or for future vacation plans, make sure to contact Have Travel Memories today.
Have Travel Memories Vacations is a family-owned luxury travel company in Destin, FL specializing in cruises, tours, hosted adventures, luxury world cruises and vacation rentals. We are a top-notch vacation agency that provides luxurious beach front rentals, lake front rentals and many other different vacation rentals to provide you with your dream vacation at your dream destination. If you are in need of a getaway, Have Travel Memories is the place to get all of your vacation questions answered and they will send you on your way to a dream vacation.
Have Travel Memories
34990 Emerald Coast Pkwy. Ste. 300 3rd Floor
Destin, FL 32541
(877) 428-3041
Have Travel Memories 