Assessing the Coronavirus Damage to Online Travel: New Skift Research
Skift Take
The online travel industry is marginally better positioned to deal with this current outbreak than many of their suppliers in the hotel and airline industry. Still, the damage will get worse — and be severe and long-lasting.
In just a few weeks coronavirus has spread across the globe and upended the travel industry. Online travel has lived through two past recessions —the tech bubble crash and the global financial crisis — but it has never seen anything like this outbreak before. Glenn Fogel, CEO of Booking Holdings, warned that this current crisis is worse than all previous “major” disruptions combined.
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This report considers how online travel is being impacted by the ongoing Covid-19 outbreak at both the industry an
