China gains and the US loses in a world with no foreign tourism
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Long after “stay home” measures have been officially lifted, we probably won’t be straying too far from our own backyards.
This summer’s travel, if it happens, will be mostly local, or at the very least domestic, with Brits swapping Biarritz for Blackpool and intrepid US tourists switching out Uzbekistan for Utah.
But a huge boom in domestic travel won’t affect every country evenly. A report from Richard Clarke, an analyst at Bernstein who cautions it’s more a “thought exercise” than a forecast, looks at which nations stand to benefit, or suffer, “if international travel demand was redirected domestically.”
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