By Shelley Shan / Staff reporterThe Travel Quality Assurance Association yesterday estimated that about 500 travel agencies would be forced to suspend operations in the first half of this year due to the COVID-19 outbreak. Many travel agencies are already facing severe challenges caused by declining revenue due to the outbreak, Wu said. “Our conservative estimate is that more than 500 travel agencies would temporarily cease business in the first half,” she said. “At least 1,500 travel agencies might be forced to place their employees on furlough. The disputes put many travel agencies in a bind, she said.

Source: Taipei Times March 02, 2020 15:56 UTC