Travel Industry Seeks Exit out of Turbulence
The Business Journal
By Frank Lopez
November 17, 2020
The airlines weren’t the only ones in the transportation industry that suffered during the pandemic, the motorcoach industry is under the bus as well.
In an April report from the American Bus Association, motorcoach companies reported that between 80% and 95% of motorcoach trips have been cancelled or are just not being booked due to the pandemic.
Charter business, which depends on tours and conferences, has seen their bookings cleared since April.
Overall, the industry would generate 14.2 billion less in sales.