The Coronavirus Pandemic has taken a toll on many parts of the economy and fleet sales are feeling the hit. Corporations, rental car companies and even government agencies have not had the same demand for vehicles, and it is threatening jobs.
With the world being consumed for all of 2020 thus far with coronavirus headlines, we are all familiar with the risks due to exposure and transmission of COVID-19. One of the pieces of information cycling around COVID-19 is the incubation period being up to 14 days, with a median of about 5 days. This timeline seems to link up with the Memorial Day festivities many families and friends had planned. After all, we were all yearning for a chance to get out and enjoy our favorite travel destinations and break the monotony of everyday life that has engrained social distancing at such a high level.
For the first time in 20 years, AAA has NOT issued their Memorial Day travel forecast since the economic data utilized to create the forecast has been affected by COVID-19. Even with states reopening, many Americans are choosing to play it safe and stay home. The AAA annual forecast that estimates how many people will travel over this holiday weekend, plans to make a comeback next year.
I can almost guarantee that the answer to “where are you going on vacation?” will not be a “staycation” anytime soon. At this point in our stay at home orders I am sure we are all daydreaming of a trip of any sort with a pal or a confidant, so here’s the million-dollar question, will you be flying or driving to your destination? If your email inbox is anything like mine, it is currently flooded with airline offers that have attractive pricing to get passengers on flights, however it is uncertain when travel and tourism will return to “normal” after COVID-19.
Over the weekend, Italy announced that they were planning to quarantine the northern region of Lombardy as they fought to contain the spread of the coronavirus (COVID-19). The government put measures in place, such as fines, to prevent people from entering and leaving the region until at least April 3rd. They also imposed a decree that banned all forms of public gatherings and events, such as, closing pubs, clubs, gyms, and urged residents to remain in their homes.