• McConnell Bredahl posted an update 1 year ago

    The origin in the travel bubble

    The arrival of coronavirus has gotten forth an unprecedented and multifaceted crisis, since the world witnessed global shares choosing a hit, the unemployment rate skyrocketing and oil prices come crashing down. As the threat of your global recession looms, it’s no exaggeration to say that the world economy, generally speaking, is now in dire straits.

    With passengers cancelling their holiday and business trips because of airlines being grounded and borders being closed, the travel industry is one of many hardest hit with the onslaught which is now facing seemingly insurmountable odds.

    Tourism tends to make a substantial amount of any country’s yearly GDP, and also to lose such a significant slice of the pie has proven to be quite damaging. Thus, governments worldwide are struggling to find ingenious methods to somewhat restore the inbound income streams related to international tourism and travel, which experts claim raises a little known as the ‘travel bubble.’

    What’s a travel bubble?

    Travel bubbles, also called travel corridors and corona corridors, are essentially an exclusive partnership between a couple of countries which have demonstrated considerable success in containing and combating the COVID-19 pandemic within their respective borders.

    These countries then go on to re-establish connections together by examining borders and allowing visitors to travel freely inside zone not having the necessity to undergo on-arrival quarantine.

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