KEY COMPONENTS OF A COVID-19 RESTART PLAN FOR TRAVEL AND HOTEL INDUSTRY​

Since early January, the COVID-19 impacts are causing the global supply chain shocks and rippling through industries, including travel & hotel sectors. Depending on the duration of the crisis, revised scenarios indicate that the potential shock could range between a 60-80% decline in the international tourism economy in 2020. Beyond immediate measures to support the tourism sector, countries are also shifting to develop recovery measures. Especially in Vietnam, in the second half 2020, Vietnam domestic tourism market will have a stronger rebound than international tourism market, which is clearly demonstrated the impact of the change in Vietnam behavioral tourists. 

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