Published on : Tuesday, January 21, 2020
This was considered as a mild advance as compared to the exceptional growth rates of the previous two years as per a UNWTO report- headquartered in Madrid.
Among the other factors the uncertainty surrounding the Brexit and Thomas Cook group’s bankruptcy.
The World Tourism Organization (UNWTO)’s latest barometer presented recently mentioned that last year 1.5 billion international tourist arrivals in the world were recorded.
This was over four percent in 2018 which had an advance of six percent while in the year 2017 the rise was seven percent. This year marked the tenth consecutive year of growth.
A dent was made in the industry due to uncertainties surrounding the Brexit, the Thomas Cook’s collapse, geopolitical and social tensions and the slowdown of the global economy.
Exceptional growth rates were noted in 2017 and 2018 which went down in 2019.
After the hurricanes of 2017 on the American continent, tourism grew two percent as many Caribbean islands consolidated their recovery.
Due to the social and political problems the number of arrivals to South America fell.