The shortfall for the tourism sector in France is believed at “about 10 billion euros for the very first 4 months of the year”, because of to the coronavirus crisis, the Secretary of Point out for Tourism, Jean-Baptiste Lemoyn, announced final week.
The Secretary of Point out in demand of tourism states he is in favor of a different evaluate which would let tourism gurus, tour operators or travel businesses to no more time reimburse their prospects immediately as furnished for in the tourism code, but to give them vouchers which are valid for the exact same trip or a different just one on a different day. This is a technique that has been applied in Italy. Consequently, the notion of this technique would be to protect companies’ funds flow devoid of penalizing the prospects.
According to the Secretary of Point out, tourism in France is just one of the very first sectors influenced by a coronavirus. According to the calculations, the shortfall will quantity to all over 10 billion euros for the very first 4 months of the year for the tourism sector. In some motels, the cancellations quantity to 60, 70% for March and April. The authorities therefore announced a range of measures to assist corporations with the purpose to protect employment and firms.
At the moment, Mr. Lemoyn is in speak to with the representatives of the European Commission to achieve the voucher technique in its place of reimbursing. “It has to be relevant as shortly as achievable. It is a make any difference of days. We are in a fight, I would say virtually hour by hour, working day by working day, to preserve corporations. This is why the Head of Point out also did not want social protection contributions and taxes made for firms.
According to the president of the Service provider Aviation Federation, the repercussions of coronavirus for tourism in France and for air transportation would be 10 to twenty times bigger than during September 11 and during the Gulf War.
Mr. Lemoyn confirmed that the impression is and will be large. “The drop in air travel is all over thirty% at minimum and the momentum is raising. As you have viewed, a certain range of nations around the world are refusing entry to European nationals. Once again, our assist will be overpowering for this field. And then, potentially this crisis could let us to rethink our model of financial advancement,” he stated. “I believe that we should renovate our financial model so that we have a lot more protection in our provides, as properly as relocating production to France. And then, of course, speed up the ecological and comprehensive changeover,” described Mr. Lemoyn.