• Wolf Forsyth posted an update 1 year ago

    The cause with the travel bubble

    The appearance of coronavirus has brought forth an unprecedented and multifaceted crisis, because world witnessed global shares going for a hit, the unemployment rate skyrocketing and oil prices come crashing down. Because the threat of a global recession looms, it’s no exaggeration to express how the world economy, generally speaking, is currently in dire straits.

    With passengers cancelling their holiday and a business trip on account of airlines being grounded and borders being closed, the travel industry is on the list of hardest hit from the onslaught and is now facing seemingly insurmountable odds.

    Tourism produces a substantial number of any country’s yearly GDP, and lose such a significant chunk of the pie has proven to get quite damaging. Thus, governments worldwide are struggling to find ingenious solutions to somewhat restore the inbound income streams associated with international tourism and travel, which often brings us to a little something referred to as the ‘travel bubble.’

    What’s a travel bubble?

    Travel bubbles, also referred to as travel corridors and corona corridors, are essentially a selective partnership between two or more countries that have demonstrated considerable success in containing and combating the COVID-19 pandemic within their respective borders.

    These countries go on re-establish connections with shod and non-shod by examining borders and allowing individuals to travel freely from the zone with no the need to undergo on-arrival quarantine.

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