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Global tourism revenue decreased about 320 billion dollars by COVID-19 impact

  • Paul Jones
  • 16 Aug
Global tourism revenue decreased about 320 billion dollars by COVID-19 impact

"Lianhe Zaobao" reported on July 30, the United Nations World Tourism Organization pointed out that due to the impact of the Coronavirus epidemic (COVID-19), global tourism revenue decreased about 320 billion U.S. dollars in the first five months of this year. This is more than three times of the global economic crisis of 2009.

The United Nations World Tourism Organization, headquartered in Madrid, Spain, issued a statement on last Tuesday, saying that countries around the world have implemented lockdown measures to curb the spread of the epidemic, resulting in a sharp drop of 300 million international tourist arrivals from January to May this year, or a 56% year-on-year drop.

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In May this year (2020), the number of international tourists is expected to decrease by 60% to 80% compared with the same period last year.

World Tourism Organization Secretary-General, Pololi Kashvili, pointed out that the severe crisis suffered by the international tourism industry has threatened the livelihoods of millions of people. And the above data shows that once the coronavirus epidemic (COVID-19) is stable and people's safety can be ensured, it is vital to restart the tourism industry as soon as possible.

The organization also warned that although some countries are gradually opening their borders to revive tourism, the international tourism industry still faces a series of downside risks. For example, once the epidemic rebounds, most countries will re-implement blockade measures and restrict people's travel. And close the border.

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The World Tourism Organization added that the two major source countries of international tourists, the United States and China, are still in a "stagnation" state, which is one of the key factors that have caused significant losses to the international tourism industry.

However, most member states of the organization's tourism expert group expect that the international tourism industry will resume in the second half of next year, and some member states are expected to show signs of rebound in the first half of next year.

The organization believes that governments around the world are facing a double responsibility-making public health a priority, while also protecting employment opportunities and business activities. It said that all countries must uphold the spirit of cooperation and solidarity to deal with the common challenge of the coronavirus epidemic (COVID-19), and avoid making unilateral decisions that might undermine trust and confidence.

Global tourism revenue decreased by COVID-19

According to data from the World Tourism Organization last year, the number of international tourist arrivals increased by 4% to 1.5 billion. Among them, France was the country with the most tourists, followed by Spain and the United States.

After the global outbreak of the coronavirus (COVID-19) at the beginning of this year, these three countries have been hit hard, and the United States is currently the most severely affected country in the world.


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