COVID pandemic costs global tourism $2.0 trillion in 2021
The coronavirus pandemic will cost the global tourism sector $2 trillion in lost revenue in 2021, the UN World Tourism Organization (UNWTO) said on Monday, describing the sector's recovery as 'fragile' and 'slow'.
The forecast from the Madrid-based UNWTO comes as Europe is battling with a surge in cases and as a new heavily mutated Covid-19 variant, dubbed Omicron, spreads across the globe.
The Agence France-Presse (AFP) quoted the UNWTO as saying that the global tourism sector already lost $2 trillion in revenues last year due to the pandemic, making it one of the sectors hardest hit by the crisis.
A statement by the UN body stated 'despite the recent improvements, uneven vaccination rates around the world and new Covid-19 strains' such as the Delta variant and Omicron 'could impact the already slow and fragile recovery.'
UNWTO head Zurab Pololikashvili indicated 'it's a historical crisis in the tourism industry but again tourism has the power to recover quite fast.'
The coronavirus pandemic will cost the global tourism sector $2 trillion in lost revenue in 2021, the UN World Tourism Organization (UNWTO) said on Monday, describing the sector's recovery as 'fragile' and 'slow'.
The forecast from the Madrid-based UNWTO comes as Europe is battling with a surge in cases and as a new heavily mutated Covid-19 variant, dubbed Omicron, spreads across the globe.
The Agence France-Presse (AFP) quoted the UNWTO as saying that the global tourism sector already lost $2 trillion in revenues last year due to the pandemic, making it one of the sectors hardest hit by the crisis.
A statement by the UN body stated 'despite the recent improvements, uneven vaccination rates around the world and new Covid-19 strains' such as the Delta variant and Omicron 'could impact the already slow and fragile recovery.'
UNWTO head Zurab Pololikashvili indicated 'it's a historical crisis in the tourism industry but again tourism has the power to recover quite fast.'
The coronavirus pandemic will cost the global tourism sector $2 trillion in lost revenue in 2021, the UN World Tourism Organization (UNWTO) said on Monday, describing the sector's recovery as 'fragile' and 'slow'.
The forecast from the Madrid-based UNWTO comes as Europe is battling with a surge in cases and as a new heavily mutated Covid-19 variant, dubbed Omicron, spreads across the globe.
The Agence France-Presse (AFP) quoted the UNWTO as saying that the global tourism sector already lost $2 trillion in revenues last year due to the pandemic, making it one of the sectors hardest hit by the crisis.
A statement by the UN body stated 'despite the recent improvements, uneven vaccination rates around the world and new Covid-19 strains' such as the Delta variant and Omicron 'could impact the already slow and fragile recovery.'
UNWTO head Zurab Pololikashvili indicated 'it's a historical crisis in the tourism industry but again tourism has the power to recover quite fast.'
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COVID pandemic costs global tourism $2.0 trillion in 2021
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