The coronavirus is slamming the US travel industry, with experts predicting it will wipe out more than $10 billion in spending from Chinese visitors
During the SARS outbreak, the US experienced a 30% decrease in visitors from China, and a 10% fall in travelers from the rest of Asia, according to the Tourism Economics report. It took three years for the market to fully recover.
"Given the massive increase in the Chinese travel market, the impact in absolute terms will be much larger than from the SARS crisis," the report said.
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