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The Eiffel Tower in Paris. Photos: Ludovic Marin/AFP via Getty Images; Stephane Cardinale-Corbis via Getty Images

The U.S. travel and tourism sector is set for a drop of 6 million international visitors because of the novel coronavirus, costing $19 billion in spending this year, per a report by Tourism Economics. "The present declines appear likely to be worse than what the US experienced in 2003 [after the SARS outbreak]," the report states.

The big picture: The global outlook is just as bleak. The report was released on March 11, two days after Italy announced a nationwide lockdown after a surge in cases. Since then, several countries have followed suit, European travelers face U.S. travel restrictions and the CDC has recommended gatherings of 50 or more people be postponed or canceled for eight weeks. The outbreak's impact is evident at many top travel destinations, where once-bustling hubs have been transformed into virtual ghost towns.

New York City's Times Square. Photos: Tayfun Coskun/Anadolu Agency via Getty Images; George Rose/Getty Images
A view of San Giorgio Maggiore from Piazza San Marco in Venice. Photos: Giacomo Cosua/NurPhoto via Getty Images; Ricardo Ribas/SOPA Images/LightRocket via Getty Images
The Kaaba, Islam's holiest shrine, at the Grand Mosque in Saudi Arabia's holy city of Mecca. Photos: Bandar Aldandani/AFP via Getty Images; Ahmad Gharabli/AFP via Getty Images
Tiananmen Gate in Beijing. Photos: Steven Saphore/Anadolu Agency via Getty Images; Noel Celis/AFP via Getty Images
The London Eye in London, England. Photos: Carl Court/Getty Images; Rick Findler/PA Images via Getty Images
Disneyland Resort in Anaheim, California, which closed this week. Photos: Kent Nishimura/Los Angeles Times via Getty Images; Jeff Gritchen/MediaNews Group/Orange County Register via Getty Images

Go deeper

3 hours ago - Health

Food banks feel the strain without holiday volunteers

People wait in line at Food Bank Community Kitchen on Nov. 25 in New York City. Photo: Michael Loccisano/Getty Images for Food Bank For New York City

America's food banks are sounding the alarm during this unprecedented holiday season.

The big picture: Soup kitchens and charities, usually brimming with holiday volunteers, are getting far less help.

5 hours ago - Health

AstraZeneca CEO: "We need to do an additional study" on COVID vaccine

Photo: Pavlo Gonchar/SOPA Images/LightRocket via Getty Images

AstraZeneca CEO Pascal Soriot said on Thursday the company is likely to start a new global trial to measure how effective its coronavirus vaccine is, Bloomberg reports.

Why it matters: Following Phase 3 trials, Oxford and AstraZeneca said their vaccine was 90% effective in people who got a half dose followed by a full dose, and 62% effective in people who got two full doses.

Updated 7 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Coronavirus cases rose 10% in the week before Thanksgiving.
  2. Politics: Supreme Court backs religious groups on New York coronavirus restrictions.
  3. World: Expert says COVID vaccine likely won't be available in Africa until Q2 of 2021 — Europeans extend lockdowns.
  4. Economy: The winners and losers of the COVID holiday season.
  5. Education: National standardized tests delayed until 2022.