In reality, it will effect all world countries globally in near future.
Doubtlessly world tourism industry will be affected from this situation.
People will consume less and reduce travel costs.
Difficult times are waiting tourism professionals in 2009.
Airlines having difficult times in 2008 due to the increasing fuel prices, this time will face difficulties of travelers that will reduce their travel costs.
This will also affect tour operators and hospitality industry soon.
Tourism professionals will re-analyze their costs and will introduce new products and services to market.
Every downfall after crisis, there will be a rise.
Let’s see, how long will it take, and who will drawback from the industry, and who will be the new players.