People will travel again, the question is under what conditions and cost. If past government actions are followed this time expect the suppression of liberties.

Layoffs in the ten's of millions is the tipping point of the travel and hospitality industries. The billions in debt that can not be serviced with collapsed revenues will lead to bankruptcies. This should spike in August along with million of businesses reducing services.

Then this debt is not serviced retirement funds will start to feel the pain by the end of the year. But the good news is the U.S. Federal Reserve is on a buying spree adding over 7 trillion to its balance sheet. This will make it the largest holding company on earth. If they can keep the markets stabilized and if people have money to spare, travel will be relatively cheap for the next 12 months.

Cheers & Happy Travels