In the weeks since the U.S. conducted strikes in Venezuela, United chief commercial officer Andrew Nocella said there has been an impact to bookings to the Caribbean.
While U.S. carriers have not flown to Venezuela in years, airspace restrictions following strikes in the region are leading airlines to cancel flights to popular tourist destinations in the Caribbean.
In the wake of the mass shootings that claimed 31 lives in early August, several authorities have issued travel alerts for travelers headed to the U.S. Whether it's a statement or a matter of safety — or both — it's significant.
If you want to make a fortune in business, you need to go where your competitors will not be. Venezuela certainly fits that. But that doesn't mean it's a good idea.
Hotels in Venezuela admit that even with promotions they struggle to increase consumer demand, but they are still trying to address declining occupancy through more active marketing of their products. The results remain to be seen.
Venezuelan travel agencies have refocused their strategies to face the economic crisis. The shift has not been enough to boost the business, which shows no signs of recovery.