Entire Sabre will be affected. You can read how SARS affected travel 17 years ago (SARS is way smaller comparing with COVID-19), it'll be much worse...
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How many people aged 20 to 40 in Sabre are there? 6000 perhaps? If half of them get infected, 3000 people, then 6 of them could die from COVID19. Of those aged 40 to 50, 3 more could die. Of those aged 50 to 60, 9 more could die. Of those aged 60 to 65, 18 more could die.
So of 9000 people in Sabre, if just half of them get infected, based upon the current published mortality rates for the age demographics, 36 people in Sabre could die from this.
Obviously that's a huge deal but if that percentage of people get infected then the healthcare systems will be so overwhelmed that the fatality rate will be as much as 5x higher.
There's no need to panic, but you need to be logical and understand the risk.
This is a national emergency "not strong or potent like SARS or MERS" kind of a virus. Right @1amx
Look at Italy. This will be bad in the US.
It doesn't matter if it's not as strong as SARS, the scale is much bigger and people are afraid to travel, it's spreading all over Europe, people are cancelling their travel plans. Stocks are picking down, it's not just the matter of Sabre.
The virus is not strong or potent like SARS or MERS, fatalities include mostly already vulnerable groups old, sick and kids low on immunity.
So, the question is the "COMPANY" vulnerable?
Leave the external factors, is it internally strong, immune?
SARS was much smaller. But look at the effects of it in 2003:
- WTTC/OEF has estimated that in 2003:
" In Vietnam 15 per cent of industry GDP and 62,000 industry jobs will be lost.
" In Singapore, 43 per cent of industry GDP and 17,500 industry jobs will be lost.
" In Hong Kong, 41 per cent of industry GDP will be lost, as well as 27,000 industry jobs, representing 38 per cent of total industry jobs in Hong Kong.
" In China, 25 per cent of the industry GDP will be lost and a total of 2.8 million industry jobs, or one fifth of total industry employment.
Source:
https://www.hospitalitynet.org/news/4015946.html