U.S.-based travel agencies reported a 21% increase in passengers canceling flight plans this week compared to a year ago -- a behavioral shift apparently spurred by the continuing spread of the COVID-19 coronavirus. This is according to a new report out of Stamford, Connecticut-based Vertical Research Partners, which included a series of other disturbing facts for the travel industry: The dollar value of trips sold by U.S. travel agencies this week was down 9.4% year over year. A week ago, that metric was down 5.4%. For February, ticket sales were about 4.4% below where they were in February 2019. Image source: Getty Images. Other countries have it even worse. In China, reports MarketWatch, citing the Vertical report, more people are now canceling trips they've already paid for than are booking new ones. Travel sales in the near-China markets of Japan, Korea, and Southeast Asia are down by 60% to 75% year over year. All around the globe, in fact, tourism sales are "weak" -- even in places still mostly untouched by COVID-19, such as Scandinavia. (In fact, though, there have now been more than a dozen confirmed cases of COVID-19 in Denmark, Finland, Norway, and Sweden). While China appears to be getting a handle on containing the outbreak, COVID-19 is evolving into a global problem as diagnoses surge elsewhere: More new cases of the coronavirus were confirmed in South Korea Friday than in China, and there was a more than 20% increase in reported cases in Germany, for example. Unsurprisingly, airline stocks were taking it on the chin Friday morning: American, Delta, and United (NASDAQ: UAL) were all down by more than 2%. United just announced it is cutting flights to Southeast Asia due to falling demand -- and its share price was down by 2.4% as of 11:21 a.m. EST. 10 stocks we like better than United Airlines HoldingsWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and United Airlines Holdings wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of December 1, 2019 Rich Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source