Around the world, flights are being canceled, trade shows are being called off, and businesses are cutting back on employee travel over concerns about the coronavirus. And all of that could end up costing the travel industry billions of dollars.
And while there haven't been layoffs yet, pilots, flight attendants and other airline workers could lose pay as flight schedules are pared back and the planes they would be flying sit on the ground, as even domestic travel is slowing significantly.
"These big shows are lifebloods for the big cities," Schweiterman says, as the convention business often fills local hotels and restaurants."You take that away and there are a lot places that are financially on the edge right now and it's going to create some severe pain."But that pain, to some degree, is unwarranted, says the GBTA's Solombrino, noting that many people are abandoning travel plans unnecessarily.
Nonetheless, the media coverage of the spreading coronavirus both here and abroad has travelers worked up. Levent says she and many of her fellow travel professionals spend a lot of time educating their clients about the coronavirus and the relatively small risk to most travelers. Levent has been able to talk most clients out of canceling their plans.How Computer Modeling Of COVID-19's Spread Could Help Fight The Virus
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