Wednesday, March 30, 2022
International tourism continued to get back on track in January, and it was a much better performance compared to the weak start in 2021.
Nevertheless, the Russian invasion of Ukraine added pressure to the existing economic uncertainties, along with many Covid-19-related travel restrictions still in function in many destinations.
As per latest data, global international tourist arrivals more than doubled in January this year compared to 2021.
However, thespeed of recovery in January was affected by the emergences of the Omicron variant and imposition of travel restrictions once again in many destinations.
Europe and the Americas continued to witness the strongest results, although international arrivals still in half pre-pandemic levels.
After the recorddecline of 2020 and 2021, international tourism is expected to witness its gradual recovery this year.
As of March 24th, 12 destinations had no Covid-19 related restrictions operative, with an increasing number of destinations easing or lifting travel restrictions.
The war in Ukraine has presented new challenges to the global economic environment.
The US and the Asian source markets, which are opening up, stand the risk of being affected, especially regarding travel to Europe.
The shutdown of Ukrainian and Russian airspace, along with the ban on Russian carriers by many European countries is affecting intra-European travel.
This is even causing detours in long-haul flights between Europe and East Asia, which turns into longer flights and higher costs.
Tags: International tourism
Friday, March 29, 2024
Friday, March 29, 2024
Friday, March 29, 2024