Huw Tuckett, Executive Director, Euromic
As I sit in my office this morning the corona virus hysteria has hit fever-pitch. I see it on all channels: news, web, emails, Linkedin, Facebook, WhatsApp, phone calls and text messages. In my 20 years in the industry I’ve never experienced such a phenomenon. It is all consuming and the global travel industry truly is in a period of disarray right now.
So what happens next? How do we as an industry get through this? I definitely don’t have the answer to that but I believe there are some actions we can take collectively that hopefully will restore some sanity and reduce the levels of panic we are currently witnessing. But first I’d like to establish some facts and face up to the reality of the situation:
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The damage is done. If your region/sector hasn’t been affected yet, it is highly likely that in the coming weeks and possibly months it most probably will be in some form or another. It is highly unlikely that any country, city or industry will not be affected by the fallout from the virus.
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Corporate clients and event planners have no choice but to exercise caution and a duty of care, therefore any decisions relating to travel or large-scale events will be handled with the utmost conservatism.
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The situation is temporary. The virus will not last forever. A vaccination will eventually be found and/or the spread will be contained eventually. The unknown at this stage is how long that will take or when it will be: it could be a few weeks or months.