will timeshare survive coronavirus
will timeshare survive coronavirus
Coronaviruses are a group of viruses that are best known for causing the common cold. However, a newly discovered strain of coronavirus has caused infections in three people in the US and one person in the UK, prompting health authorities to sound the alarm. If the virus is effectively contained, this could herald a new era in which a single virus is capable of causing a range of symptoms, opening the door for novel treatments. However, if the virus is more widespread, it could have large economic implications for the holiday industry.
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| will timeshare survive coronavirus |
One hundred and thirty million people. That’s how many people live in a network of interconnected properties that can be rented as a vacation home, a second home, or an investment property. Many of these people never leave their homes, instead relying on “remote managers” to take care of their timeshares. But when one of these properties is infected with a deadly virus, nobody is safe.
In the past few months, a deadly virus has been spreading at an alarming rate through the Middle East and Africa. While the virus, called coronavirus, is not new, the current outbreak is particularly severe. So severe, in fact, that it is expected to exceeds the death toll of the 1918 pandemic, which killed an estimated 30 million people around the world. Most of the deaths have been in Saudi Arabia, where more than 8,000 people have already been infected.
The “coronavirus of pigs” has infected hundreds of people in 13 nations, killing more than a dozen. The most recent case of SARS-like illness was confirmed in the U.S. earlier this month. All of these viruses are known as coronaviruses, and they’re all spread through contact with contaminated respiratory secretions. The type of virus that causes SARS and the current U.S. outbreak is known as Severe Acute Respiratory Syndrome coronavirus (SARS-CoV).
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