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re: Anyone cancelling their out of country trips right now?
Posted on 3/5/20 at 8:53 am to Nole Man
Posted on 3/5/20 at 8:53 am to Nole Man
quote:
Anyway he and his wife own a number of apartments and a villa that they rent out. He said they've already lost over 40,000 in Euros from bookings cancelled.
The economic devastation of this virus will be very impactful.
I looked online and tourism is supposedly only 11% or something around there of Italy's GDP, but that seemed like a super low number to me? Yes I agree Italy especially is going to take a major hit financially.
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