Global Travel and hospitality sector may take a big hit due to Coronavirus Covid-19 outbreak
The travel and hospitality sector is facing the heat with the deadly Covid-19 spreading not only to South East Asia, Europe and Iran but also to India, with bookings being cancelled or rescheduled at a fast pace, Hotel chains enforce precautionary measures,...
The deadly coronavirus hasn't just upset the plans of many travellers who are cancelling their bookings with fear of contracting the infection, but, has also adversely affected the airline and travel industry globally.
Only a month before Easter, one of the busiest holidays in the European calendar, the owner of the Hotel San Samuele in the heart of Venice has seen more than 80% of reservations cancelled, and future bookings have evaporated.
The coronavirus, which emerged in the central Chinese city of Wuhan late last year, has spread around the world, with more new cases now appearing outside China than inside.
