REUTERS/Kim Kyung-Hoon” height= “210” src=”// img-s-msn-com.” The cancellations are beginning to move towards North America,” stated Scott Solombrino, executive director of the Global Business Travel Association, which approximates that the slowdown in global travel has currently cost American services $7 billion this year.” The most noticeable effect so far has been in group travel, with large conferences around the world being canceled,” he stated.
REUTERS/Kim Kyung-Hoon” height= “210” src=”// img-s-msn-com. International travel– especially to Asia– has so far been the hardest-hit part of the industry, though experts state that could soon alter as fears of the coronavirus spread to Europe and North America.” The cancellations are beginning to move towards North America,” said Scott Solombrino, executive director of the Global Business Travel Association, which approximates that the slowdown in global travel has actually already cost American businesses $7 billion this year.” The most noticeable impact so far has been in group travel, with large conferences around the world being canceled,” he said. Executives at Marriott International, the world’s biggest hotel chain, said this week that group bookings in the United States have actually begun to take a hit.
Hostelling International USA, which supervises almost 50 homes around the country, stated group cancellations are on the rise. Chinese visitors normally spend about $6,000 and invest an average of 15 nights in a hotel while in the United States, the company said.” Reservations are at a grinding halt,” stated Kim Lee, who handles sales at Arc The.Hotel, a shop residential or commercial property in Washington’s Foggy Bottom community, where multiple groups have actually canceled appointments in current weeks.
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