Travel Bans Hit Global Business

Travel Bans Hit Global Business

To the detriment of not just the tourism industry but other businesses as well — several countries, including the U.S. — have blocked travelers from visiting in a bid to stop the spread of coronavirus. Because of this, about $5.5 trillion of the global economy and nearly 200 million jobs related to travel are at risk, says The Wall Street Journal. Executives are unable to meet with potential clients, while some companies struggle without the foreign expertise they usually rely on. Businesses that depend on travel say they need a clearer timetable for reopening borders.





Comments are closed.