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RE: Economic Impact of Lock down

in OCD4 years ago

I live in a small touristic town in Romania and have quite some friends that live of the tourism in here, them being involved in boat cruises over the Danube and this lock down has affected us a lot. Las year on this time around we would have close a thousand tourists per day, or even more during weekends, coming for cruises and quite many of them would stay in the area at some guest houses.

The number of tourists this years is probably less than a third than of the last year. According to the recent state of alert enforcement we are not allowed to travel between counties as we wish. Some do that on their own risk but they could get fined.

My parents who live in Austria, told me last week, that they visited some friends in Vienna and those told them that the areas that they visited during that weekend spent there were absolutely full of people the year before. You would literally have person near person on the alleys, and now you could dance over there...

For me it's clear that the financial crisis haven't even started yet. There are plenty of restaurants that haven't even opened fully yet, hotels as well, tourism businesses and so on. I can hardly remember the 2008 crisis but I guess this one will be harder. Shady waters ahead...

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Interesting. We were supposed to visit Europe this summer. Greece and Cyprus... for about a month. All cancelled!

Never been to Greece, although quite close to me. Tourism is going to be severely affected by the lock down.

My wife visits Cyprus often, and we have visited Cyclades islands multiple times. Impact of Covid is basically non-existent there but unfortunately the panic and regulation hurting the tourism most.