PERHAPS no industry has suffered as much from the Covid-19 pandemic as tourism. It has been over a year since our international borders were closed. Even domestic tourism has been badly hit by travel restrictions under the various phases of the movement control order.
With each passing day, I and my fellow players in the industry watch with horror as our revenue streams run dry while costs like rental, salaries and other overheads pile up. I estimate roughly 30% of travel agents have folded or are barely making ends meet and will sink soon.