The cause in the travel bubble

The appearance of coronavirus has brought forth an unprecedented and multifaceted crisis, because world witnessed global shares choosing a hit, the unemployment rate skyrocketing and oil prices come crashing down. Since the threat of a global recession looms, it’s no exaggeration to state that this world economy, normally, is now in dire straits.

With passengers cancelling their holiday and business trips because of airlines being grounded and borders being closed, the travel companies are on the list of hardest hit from the onslaught and is also now facing seemingly insurmountable odds.

Tourism makes for a large area of any country’s yearly GDP, and lose such a significant chunk of the pie has proven to be quite damaging. Thus, governments worldwide are desperate for ingenious solutions to somewhat restore the inbound cash flow streams connected with international tourism and travel, which brings us to a little something known as the ‘travel bubble.’

What’s a travel bubble?

Travel bubbles, also known as travel corridors and corona corridors, are essentially a unique partnership between several countries which may have demonstrated considerable success in containing and combating the COVID-19 pandemic within their respective borders.

These countries then go onto re-establish connections with shod and non-shod by opening up borders and allowing people to travel freely within the zone without having the necessity to undergo on-arrival quarantine.

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