How Coronavirus Is Impacting European Travel

The video discusses the impact of crises like terrorism and coronavirus on tourism, particularly in Europe. It highlights the differences between these crises, noting that while terrorism leads to a moral imperative to continue as normal, coronavirus has led to self-imposed restrictions. The video examines the significant reduction in tourism, especially intra-European travel, and the economic implications of cancellations and reduced consumer confidence. It emphasizes the importance of re-establishing confidence to mitigate the economic damage caused by fear and uncertainty.

What is the significance of consumer confidence in relation to tourism?

What are the expected changes in inbound tourism from China according to the text?