In the U.S., some domestic travel has rebounded, though renewed spikes in Covid-19 cases have undercut some initial enthusiasm. The travel and tourism industry, in a baseline scenario, was projected to decline this year by about 40%, or roughly $3.5 trillion, according to the World Travel & Tourism Council, a trade group, in a June report. Foreign visitors would plunge by more than half, the group estimated, while domestic travelers would fall by one-third. In Japan, where domestic travel has re-emerged, the government is hoping vacation spending will rise further as Prime Minister Shinzo Abe readies $10 billion in subsidies promoting domestic tourism. The U.S., too, is seeing its own miniboom of domestic tourism, though recent surges in Covid-19 are raising concerns about its sustainability.

Source: Bangkok Post July 20, 2020 00:11 UTC