Question

In: Economics

Based on the current pandemic COVID-19, write a scenario forecast of the tourism sector a year...

Based on the current pandemic COVID-19, write a scenario forecast of the tourism sector a year from now (2021)?

Solutions

Expert Solution

Based on Current pandemic, scenario forecasted of tourism sector will face bleak growth. as tourism is composite of various industry like Hotel, transport industry, amenities and agencies at destination. during this pandemic all industry have badly affected and seeking some relief if the tourism and movement of people increases but current cases of COVID-19 does not allow to movement of people from destination to other and consumer services of hotel and all. even business traveler has postponed their meeting and other necessary business expansion.

Tourism industry is totally based on the activities that the tourists do but current scenario and upcoming several month has stop the tourism activities as they leads to worse the condition to great extent. during the pandemic major casualty has been noticed. people have died and money left over could not be used. so primary cause of tourism suspension is that people urge to save their life first until the condition become normal.

According to forecast tourism industry will see continuous decrease in the business transaction and movement of people as they have scared of moving to overseas country like Italy China, Germany France etc as these country have majorly affected by COVID and domestic people also never think of moving from one region to other. as they also think of safety and security of their families.

so condition is worst for tourism industry, according to survey tourists have postponed their vacation movement, medical treatment to great extent until it is utmost important. even people have started working from home without going outside of their town, district and states.


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