I really think that there are going to be a lot of things that are never going to go back the way they were, and one of those are business meetings, businesses spend a lot of time and money in sending executives all over the world to try to close down some deals and this was incredibly expensive, obviously there are some companies that can afford it but many small companies are probably going to change the way they operate and instead they will prefer to use online meetings instead and save themselves the money.
I agree with you.
Our future is a world in which virtual reality will play a big role. Office workers can now work from home. Meetings and business meetings can be held remotely. Imagine workers studying their profession in a virtual simulator. Commercial real estate prices will fall. Residential real estate will acquire great importance (now it is not only a house, but also an office).
Will the tourism industry recover? I think no. There are several reasons. First, the Covid-19 pandemic, and secondly, the general drop in the standard of living of the population.
I forgot about the tourism and the air travel industries which have been one of the most affected, they have been asking for money in my country and while I am sorry for them the demand of the people has switched, after all with a pandemic going on who will want to stay in a hotel room that may have been used by a person with covid and take the risk of contagion? The demand has changed and when we take into account all the people that lost their jobs and all of those fearing for their jobs the first thing they will do is to reduce spending money in luxuries like expensive vacations.