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Impact of COVID-19 on Global Travel Intermediaries: Hot Topic Brief - Issue 1

  • ID: 5010884
  • Report
  • March 2020
  • Region: Global
  • 16 pages
  • GlobalData
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FEATURED COMPANIES

  • Booking Holdings
  • Expedia
  • Gadventures
  • Hays Travel
  • Intrepid Travel
  • TUI
  • MORE
Impact of COVID-19 on Global Travel Intermediaries: Hot Topic Brief - Issue 1

Summary

COVID-19, commonly referred to as the Coronavirus, is dominating headlines the world over. The travel & tourism sector is suffering significant disruption and intermediaries are very much affected.

Key Highlights
  • Travel intermediaries ultimately act as the direct link in the chain of distribution between a company and the consumer base, therefore if all sectors are struggling the effects on intermediaries will be dramatic.
  • Those operating on a global scale, with lower fixed costs and that operate through a multi-branded strategy may be in a better position to survive this pandemic but ultimately all are under considerable financial strain.
  • For many destinations, the aid of an OTA working in co-operation with the local industry would have been a vital contribution to the inbound tourism
  • to that destination. Furthermore, the value of travel intermediaries should still not be underestimated as tour operators, travel agents and other
  • providers of this kind still bring vital traction to a destination.
Scope
  • This report provides insight into the current state of play, offers a look at potential future scenarios and assesses the actions that intermediaries can take to mitigate the impact of COVID-19.
Reasons to Buy
  • Gain an overview of the current global COVID-19 situation
  • Understand the impact that COVID-19 is having on the industry
  • Explore future industry scenarios
  • Assess possible mitigating actions
  • Compare key industry players' actions
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • Booking Holdings
  • Expedia
  • Gadventures
  • Hays Travel
  • Intrepid Travel
  • TUI
  • MORE
Analyst’s Overview

Current COVID-19 Situation

Industry Impact

Future Scenarios

Actions to mitigate the impact of COVID-19

References
Note: Product cover images may vary from those shown
3 of 3
  • Booking Holdings
  • Expedia
  • TUI
  • Hays Travel
  • Intrepid Travel
  • Gadventures
Note: Product cover images may vary from those shown
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