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Less developed nations suffered the most during pandemic

Thursday, November 10, 2022

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During the pandemic, it’s the less developed nations that have suffered the most. The global pandemic and resulting drop in international tourism did not only impact Asia. The region surely has its share of preferred global travel destinations and the tourism crash accompanying the pandemic was an unwanted additional cost to put up with.


According to research by the United Nations, travel limitations gave rise to a collective 95.3% drop in international arrivals to Asia and the Pacific between January and July 2021. It was the biggest fall in international arrivals internationally, compared to the same period in 2019. Before this, international tourist arrivals to Asia-Pacific increased from 208 million in 2010 to 360 million by 2019. The tourism sector was slated to bring additional development before the world went into united quarantine.


Across the region, including China, the World Travel and Tourism Council hopes that the tourism sector directly generated approximately 185 million jobs prior to the pandemic, with more than 30 million of these jobs going missing during the pandemic.


The effect was felt excessively by the Asia-Pacific’s less developed countries, where substitute sources of foreign currency revenue are less obtainable. Asia’s most tourism-reliant economies in 2019 comprised Cambodia, Laos and Sri Lanka. Unexpectedly, middle-income Thailand also went to the top end of the range, with almost 20% of 2019 exports accounted for by global tourism receipts. High-income Australia isn’t also far behind.

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