What are your thoughts on the oldest travel company going bankrupt and collapsing overnight in $2019?$

$2.$ How important it is for travelers to have travel insurance when they book their vacations?

$3.$ How do you think this will impact the economy of the travel industry? Please explain.

$4.$ How do you think this will affect the citizens of these destinations in which they send visitors?

$5.$ Do you think the growth of Airbnbs and technological advancements could be a cause for this company's failure? Why or Why not?

$6.$ By doing further research, choose a particular destination of your choice and discuss how the closure of Thomas Cook impacted the tourism industry of that region. Also, what strategies were in place to help visitors get back to their countries?

$7.$ Please provide at least one $(1)$ reference to support your post.