Categories
Impacting Travel

International tourism dropped significantly, but experts predict a recovery next year

The latest data from the United Nations World Tourism Organization (UNWTO) show the exact figures of what many already suspected.

International tourism has dropped.

ADVERTISING

A lot.

Travel restrictions put in place in January and February in response to the coronavirus pandemic have practically hampered travel, as international tourism fell 70 percent during the first eight months of 2020 compared to last year, according to UNWTO.

Being a trend now

Coronaviruses are a large family of viruses that are common in many different species of animals, including camels, cattle, cats, and bats.

According to the latest UNWTO World Tourism Barometer, international arrivals fell 81 percent in July and 79 percent in August, traditionally the two busiest months of the year for travel and the peak of the hemisphere’s summer season. north.

To put it more harshly, the recession accounts for 700 million fewer arrivals compared to the same period in 2019 and translates into a loss of $ 730 billion worldwide in export earnings from international tourism. This is more than eight times the loss experienced as a result of the 2009 global financial and economic crisis.

“This unprecedented decline is having dramatic social and economic consequences, putting millions of jobs and businesses at risk,” added UNWTO Secretary General Zurab Pololikashvili. “This underscores the urgent need to restart tourism in a safe, timely and coordinated manner.”

The findings also reveal that a recovery could occur next year.

Travel demand remains largely subdued due to current uncertainty about the pandemic and low confidence. Based on the latest trends, UNWTO expects an overall fall of close to 70 percent for all of 2020. And the organization’s Panel of Experts foresees a rebound in international tourism in the third quarter of 2021 and perhaps until 2022.

.

Leave a Reply

Your email address will not be published. Required fields are marked *