Events Industry Stares At A Slowdown Amid Growing Coronavirus Cases

Eventdex Events Industry Slowdown Amid Growing Coronavirus Cases

The threat of a global economic slowdown is real amid the outbreak of the global Coronavirus, which has rapidly spread to various parts of the world. First identified in the Chinese province of Wuhan, it has spread to more than 70 countries in just two months. As the economy spirals south, many industries will be impacted, including the meetings and events industry. The $1+ trillion global events industry is staring in limbo as organizers cancel conferences, trade shows, and exhibitions to contain the global outbreak. Many countries such as Switzerland…

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How Could Novel Coronavirus Impact The Event Industry?

coronavirus

The recent outbreak of the Novel Coronavirus (2019-nCoV) has caused massive travel disruption, with countries around the world evacuating its citizens from the Chinese city of Wuhan, a city of 11 million people. The government authorities and health officials are trying to control the epidemic-like situation by restricting travel for millions in China and abroad. With the rapidly rising death toll in China and the world, there is an emergency in China, even though the Public Health Emergency of International Concern (PHEIC) refuses to acknowledge the severity of the situation.…

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