Covid 19 pandemic impact global tourism

The United Nations World Tourism Organization (UNWTO)
expects international tourism to fall by 20% to 30% this year due to the impact
of the Covid-19 coronavirus crisis and the resulting travel restrictions. 

The expected decline could translate
into a loss of between $300 billion and $450 billion international tourism
receipts, almost one-third of the $1.5 trillion generated in 2019. 

The UNWTO said this would mean that between five and seven
years of growth will be lost to the Covid-19 crisis. In comparison, international
tourist arrivals declined 4% in 2009 during the Great Recession, while the SARS
outbreak led to a decline of just 0.4% in 2003. 

The UNWTO cautioned that its current projections for 2020
are based on the latest developments in the Covid-19 crisis, and that
conditions change quickly.

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