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Next stop: Uncharted Territory
Opportunities after Corona
Life will never be the same.
We know that.
What we don’t know is how it is going to be and more importantly what can we do to increase our chances of surviving whatever comes next.
Whole industries will collapse while others will thrive.
Sinking ships
Movie theaters, shopping malls, restaurants, gyms, and many more are gone…forever.
Airlines
This is the end of low cost airlines, cheap tickets and most business travel.
The public is going to stay at home or travel nearby. On a positive note, this could revive domestic tourism.
Tourism
This is the biggest industry in the world by revenue but also the most expendable. Travel is a luxury and we can’t afford it.
I don’t see people going places for at least a couple of years and that’s only if nothing else happens.
After that, things will begin to pick up but by then most of the infrastructure will have to be rebuilt.
Die-hard travelers will always be there but they only represent a fraction of the total. The future is niche tourism: diving, biking, climbing, etc.
