Global Tourism By 2020

In addition to tourism jobs that are at risk the policy paper said jobs in associated sectors including food service that provide employment for 144 million workers worldwide.

Vidisha mp tourism. According to a report published on june 15 by the world travel tourism council tourism and travel industries created 330 million jobs in 2019 accounting for 103 percent of the global economy. And according to the policy briefing export revenues from tourism could fall by 910 billion to 12 trillion in 2020 and that could reduce global gdp by 15 to 28. The middle east emerged as the fastest growing region for international tourism arrivals in 2019 growing at almost double the global average 8.

And according to the policy briefing export revenues from tourism could fall by 910 billion to 12 trillion in 2020 and that could reduce global gdp by 15 to 28. This could translate into a loss of us 30 to 50 billion in spending by international visitors international tourism receipts. Socrates gavriel is bracing for a dramatic drop in visitors to his boutique hotel in athens this summer.

Tourism industry will lose at least 24 billion in 2020 thanks to a widespread loss of. Global tourism to suffer crushing blow in 2020 by felix richter. Tourism is one of the worst hit sectors by the unprecedented covid 19 pandemic.

As world tourism organization unwto estimates the number of international tourists in 2020 is likely to decrease by 80 percent compared with last year and the global tourism revenue might see a loss of over one trillion us. Major sporting events including the tokyo olympics and cultural events such as expo 2020 dubai are expected to have a positive impact on the sector.