The foundation from the travel bubble

The appearance of coronavirus has gotten forth an unprecedented and multifaceted crisis, because world witnessed global shares taking a hit, the unemployment rate skyrocketing and oil prices come crashing down. As the threat of an global recession looms, it’s no exaggeration to say that this world economy, in general, is currently in dire straits.

With passengers cancelling their holiday and a business trip due to airlines being grounded and borders being closed, the travel market is among the hardest hit by the onslaught and it is now facing seemingly insurmountable odds.

Tourism makes for a large amount of any country’s yearly GDP, and lose this type of significant slice of the pie has shown to be quite damaging. Thus, governments worldwide are desperate for ingenious ways to somewhat restore the inbound earnings streams related to international tourism and travel, which experts claim brings us to a little referred to as the ‘travel bubble.’

What’s a travel bubble?

Travel bubbles, also referred to as travel corridors and corona corridors, are essentially a special partnership between 2 or more countries which have demonstrated considerable success in containing and combating the COVID-19 pandemic of their respective borders.

These countries then go on re-establish connections together by checking borders and allowing people to travel freely from the zone with no the requirement to undergo on-arrival quarantine.

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