Last year, travel organization Worldstrides organized experiences for 550,000 students and generated $650 million in revenue. But it was forced to issue refunds as the pandemic canceled trips, leaving the largest accredited travel program in the U.S. $768 million in debt. Worldstrides and 22 other affiliates of parent company Lakeland Tours filed for Chapter 11 bankruptcy July 21. With the coronavirus cutting off tourism like a tourniquet, the damage is spreading across economies — such
source https://therealdeal.com/2020/07/29/how-will-nyc-real-estate-fare-without-65-million-tourists/
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