Introduction to the Travel Industry, Business and Industry Trends Analysis

The global travel industry is comprised of a wide variety of businesses, from hotels and inns to casino resorts, trains, buses, airplanes, cruise ships, tour operators and travel bookers, both online and physical.   The Coronavirus epidemic that began in 2020 had a dramatic impact on the travel and tourism industry, decimating traffic, deterring passenger and guest revenues and leading to immense financial challenges.  Many national governments stepped up with bailouts, loans and other financial support. The World Travel & Tourism Council (WTTC) found that the global travel and tourism industry supported 272 million jobs on a direct basis during 2020…

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