WTTC reports probability of job losses in tourism industry by millions

Published on : Friday, March 13, 2020

The World Travel and Tourism Council (WTTC) recently announced that millions of jobs in the travel and tourism industry are at stake due to the outbreak of the novel coronavirus. The council predicted that nearly 50 million jobs could be lost in the tourism sector as a result of the pandemic.

 

 

The announcement arrived after thousands of international flights were cancelled and many insurance companies suspended travel cover for new consumers. The World Travel and Tourism Council predict that the travel industry could shrink by nearly 25% in 2020.

 

 

Many of the major airlines all across the globe have either reduced or cancelled internationals flights. Norwegian Air, British Airways, American Airlines and EasyJet have all slashed their flights as a response to the virus. Independent British Airline, Flybe also collapsed in light of the coronavirus and Korean Air has already announced a possible threat regarding its survival.

 

 

Cruise lines have also faced the adverse effect of the virus with Princess Cruises suspending operations for 2 long months. Many cruises have also been held at the shores after passengers have tested positive ever since the outbreak of the virus.

 

 

The global tourism industry has also witnessed a drastic fall as numerous countries introduced travel restrictions and an entry ban.

 

 

Gloria Guevara, Chief Executive, WTTC said in a press statement that the deadly COVID-19 virus has resulted to create a potential threat in the industry. However, she also mentioned that the travel and tourism industry possesses the strength to overcome the challenge and has the capability to emerge stronger from the present crisis. She further added that WTTC and global private sector will provide support to the government and countries to recover from the effect of the COVID-19 virus when the right time arrives.

 

 

The council has also urged governments to take necessary measures to safeguard the travel and tourism industry by relaxing barriers which are not required at airports and ports. It has also asked to remove or simplify visas alongside decreasing the costs wherever possible. In addition, it has requested to reduce travellers tax and increase budgets for promoting travel destinations through campaigns or advertisements.

 

 

 

 


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One Response to WTTC reports probability of job losses in tourism industry by millions

  1. Ina Schweitzer says:

    Princess Cruises is shutting down operations for 60 days, not 18 months!

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