Mar 31, 20201 min
A review of the latest new articles on the COVID-19 Crisis:
Healthcare:
How COVID-19 Could Affect Your Hospitals
Hospitals redeploy specialists to COVID-19 front lines
https://www.modernhealthcare.com/hospitals/hospitals-redeploy-specialists-covid-19-front-lines
Travel:
Before-and-after photos show how the coronavirus has left some of the world's busiest train stations looking like ghost towns
It could take three years for the US economy to recover from COVID-19
https://www.weforum.org/agenda/2020/03/economic-impact-covid-19/
The $1.5 Trillion Global Tourism Industry Faces $450 Billion Collapse in Revenues, Based on Optimistic Assumptions
https://wolfstreet.com/2020/03/30/the-1-5-trillion-global-tourism-industry-faces-450-billion-collapse-in-revenues-based-on-optimistic-covid-19-assumptions/
How The Airline Industry Will Transform Itself As It Comes Back From Coronavirus
Volume will probably not regain its peak for at least 3-5 years depending on the distance segment.
Pricing recovery will lag volume recovery by at least a year.
Business travel will recover more quickly than leisure travel, but at a permanently lower level.
Long-haul narrow body aircraft will change the nature of international networks by replacing hub and spoke models with point-to-point flying.
Regional travel will move from an expensive business-oriented model to a cheaper leisure-oriented model.
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