Published on : Saturday, January 30, 2021
As per the latest data from the UNWTO, global tourism suffered its worst year in 2020, with international arrivals going down by 74 per cent with destinations globally witnessing 1 billion fewer international arrivals due to Covid-19 travel restrictions.
The latest UNWTO report stated that the decline in international travel represents an estimated loss of USD 1.3 trillion in export revenues, which is more than 11 times the loss recorded during the 2009 global economic crisis.
“Global tourism suffered its worst year on record in 2020, with international arrivals dropping by 74 per cent according to the latest data from the World Tourism Organization (UNWTO). Destinations worldwide welcomed 1 billion fewer international arrivals in 2020 than in the previous year (2019), due to an unprecedented fall in demand and widespread travel restrictions,” said the UNWTO report.
“According to the latest UNWTO World Tourism Barometer, the collapse in international travel represents an estimated loss of USD 1.3 trillion in export revenues – more than 11 times the loss recorded during the 2009 global economic crisis. The crisis has put between 100 and 120 million direct tourism jobs at risk, many of them in small and medium-sized enterprises,” the report stated further.
Due to the changing nature of the pandemic, many countries are now reintroducing stricter travel restrictions.
The UNWTO Secretary-General Zurab Pololikashvili said, “While much has been made in making safe international travel a possibility, we are aware that the crisis is far from over. The harmonization, coordination, and digitalization of Covid-19 travel-related risk reduction measures, including testing, tracing, and vaccination certificates, are essential foundations to promote safe travel and prepare for the recovery of tourism once conditions allow.”
The latest UNWTO Panel of Experts review exhibits a mixed outlook for 2021. Almost half of the respondents (45 per cent) envisaged better prospects for 2021 compared to last year. 25 per cent expect similar performance while 30 per cent anticipate a worsening of results in 2021.