The Death of Tourism is Upon Us — Market Mad House

We could witness the death of tourism. To explain, fear of coronavirus is closing borders and attractions and forcing travelers to stay home.

Governments all over the world are blocking travelers. For example, the European Union (EU) plans to bar most U.S. travelers when its borders reopen on 1 July 2020, The New York Times reports . The EU will ban Americans because the United States has reported more coronavirus infections than any other country.

America is not alone, the EU is banning travel from dozens of countries including Brazil. I think the EU’s action is groundbreaking because Europe is the world’s most popular tourist destination.

America is not alone, the EU is banning travel from dozens of countries including Brazil. I think the EU’s action is groundbreaking because Europe is the world’s most popular tourist destination.

The World is Rejecting Tourism

Two of the world’s largest economies; the United States and the European Union are suppressing tourism by blocking international travel.

President Donald J. Trump (R-Florida) has closed US borders and banned travel between the United States and Brazil. Ironically, Trump himself is a tourism entrepreneur whose businesses include hotels, golf resorts, and casinos. Yet the President will kill tourism to keep coronavirus out of the United States.