ABA Members in the News
Travel Weekly: Motorcoach Industry Losses Could Hit $8 Billion
Motorcoach Industry Losses Could Hit $8 Billion
Travel Weekly
March 18, 2020
The American Bus Association, whose members include the motorcoach companies chartered by cruise lines and tour operators, estimates the industry will lose as much as $8 billion due to a halt in travel and new restrictions related to the Covid-19 coronavirus.
Citing a review prepared for the association by John Dunham & Associates, the group said nearly 100% of the charter and tour market has stopped operating. The virtual shutdown comes during one of the busiest periods for chartered coaches.
In addition, the ABA said that scheduled services are down more than 50% and continue to drop.
