Categories: Business

Covid-19: International tourism may fall by 60-80 percent during 2020, loss of $ 1200 billion


International tourism could down 80 percent in 2020

United Nations. The United Nations World Tourism Organization (UNWTO) has stated that international tourism could decline by 60–80 percent in 2020 due to the Kovid-19 epidemic, which will result in earnings losses ranging from $ 910 billion to $ 1200 billion. And the livelihood of millions of people will be in crisis.

The global agency said that international tourist arrivals declined by 22 percent during the first quarter of 2020 due to the epidemic. According to this special agency of the United Nations, due to the worldwide corona virus epidemic, annual tourism may fall by 60-80 percent as compared to 2019. Due to this, the livelihood of lakhs of people is in danger due to this and due to this the possibility of losing progress in the Sustainable Development Goals (SDGs) has increased.

UNWTO Secretary General Zurab Pololikashvili said that the world is facing an unprecedented health and economic crisis. Tourism has been the most affected and millions of jobs are in danger in the most labor-intensive sector of the economy. According to the UNWTO World Tourism Index, there has been a 22 percent decrease in tourist arrivals during the first three months of this year.

The agency said the decline has been greater in Asia and the Pacific, while in Europe the percentage decline is slightly lower. According to the agency, after the start of the lockdown in several countries in March, tourist arrivals decreased by up to 57 percent. It was during this period that widespread restrictions on travel restrictions and the closure of airports and national borders began.

This post was published on May 11, 2020 6:23 pm

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