Coronavirus cost global tourism $460 Billion in January-June


Deprecated: strlen(): Passing null to parameter #1 ($string) of type string is deprecated in /home/medicircle/public_html/script_newsdetails.php on line 75
▴ coronavirus-cost-global-tourism-460-billion-januaryjune
The amount of revenue lost between January and June is "around five times the loss in international tourism receipts recorded in 2009", World Tourism Organisation said.

The coronavirus crisis cost the global tourism sector $460 billion in lost revenue during the first six months of 2020 as the number of people traveling plunged, the UN said Tuesday.

The amount of revenue lost between January and June is "around five times the loss in international tourism receipts recorded in 2009 amid the global economic and financial crisis," the Madrid-based World Tourism Organization said in a statement.

Strong data from the UN World Tourism Organization (UNWTO) shows that 100 to 120 million direct tourism jobs are at risk. And the UN Conference on Trade and Development (UNCTAD) forecasts a loss of 1.5 to 2.8 percent of global GDP.

Describing tourism as an opportunity to experience the world’s cultural and natural riches, bringing people closer to each other and highlighting our common humanity, Mr. Guterres said: “One might say that tourism is itself one of the wonders of the world”.

A sobering glimpse
Among other things, the brief finds that, due to the unprecedented shutdown of global travel and trade, tourism may be the sector worst affected by the coronavirus. 
“It has been so painful to see how tourism has been devastated by the COVID-19 pandemic”, the UN chief reflected.

Moreover, there are secondary impacts, such as an increase in poaching, as people search for other sources of income.
In the first five months of this year, international tourist arrivals have fallen by more than half, and around $320 billion in tourism exports were lost, according to the top UN official. 

“Many are in the informal economy or in micro, small and medium-sized enterprises, which employ a high proportion of women and young people”, Mr. Guterres continued.

As for women, rural communities, indigenous peoples, and many other historically marginalized populations, “tourism has been a vehicle for integration, empowerment and generating income”, he added.

Conservation pillar
Tourism is also a key pillar for the conservation of natural and cultural heritage. 

“The fall in revenues has led to increased poaching and habitat destruction in and around protected areas, and the closure of many World Heritage Sites has deprived communities of vital livelihoods”, informed the UN chief.

Rebuilding
The Secretary-General underscored the importance of rebuilding the tourism sector in a way that is “safe, equitable and climate-friendly”.

Noting that transport-related greenhouse gas emissions could “rebound sharply if recovery is not aligned with climate goals”, he stressed that sustainable and responsible travel is imperative to support the millions that depend on tourism for their livelihoods.

Key areas
Mr. Guterres outlined five priority areas to aid recovery and re-establish an industry that is safe for host communities, workers, and travelers.

His first task is to mitigate the socio-economic impacts of the crisis – particularly women’s employment and economic security.
Secondly, he suggests building resilience across the entire tourism sector.

Maximizing technology throughout the industry, including by promoting innovation and investing in digital skills, is his third priority.
His fourth point is to promote sustainability and green growth in managing the shift towards a resilient, carbon-neutral tourism sector.
And finally, he flags that partnerships must be fostered to responsibly ease and lift travel restrictions in a coordinated manner to restart and transform tourism towards achieving the Sustainable Development Goals (SDGs).

“Let us ensure tourism regains its position as a provider of decent jobs, stable incomes and the protection of our cultural and natural heritage”, concluded the Secretary-General.

Stronger together
In addition to these priorities, UNWTO underscored that continued coordination and cooperation at every level is critical. 
Emphasizing the guiding principle of “stronger together”, UNWTO’s leadership has warned against the short and long-term consequences of Governments taking unilateral decisions. 

“The situation is changing every day”, said UNWTO chief Zurab Pololikashvili. “It is impossible today to make a forecast for the next year”.

Nuts and bolts
While UNWTO too the lead in drafting the brief, 13 other UN agencies, funds, or programs have contributed, including the International Labour Organization (ILO), UN Women, and the UNCTAD. 

Among other things, it found that, due to the unprecedented shutdown of global travel and trade, tourism may be the sector worst affected by COVID-19. 

Tags : #Pandemic #COVID-19 #Tourism #460billion #2020

Related Stories

Loading Please wait...

-Advertisements-




Trending Now

Dark Web Health Data: Why Medical Records MatterOctober 27, 2026
Can Conversational AI Improve Patient Follow-Up After Discharge?October 27, 2026
UAE fast-tracking advanced diagnostics as global market heads for US$152 billionOctober 26, 2026
How Digital Check-In Can Support More Accessible Patient JourneysOctober 26, 2026
The Role of Consent Communication in Digital Healthcare ServicesOctober 26, 2026
How Data Analytics Is Transforming Hospital Decision-MakingOctober 26, 2026
Hospital Intelligence: The Next Big Leadership Shift in India October 26, 2026
What Patients Should Expect From a Well-Designed Health Checkup ProgrammeOctober 23, 2026
Building Stronger Community-Based Screening ProgrammesOctober 23, 2026
Gulf Medical University Ranks 1st for International Student Ratio in QS Arab Region Rankings 2027October 22, 2026
Arthritis Is Not Just an Elderly Person's Disease: Why Younger Adults Are Also Developing Joint ProblemsOctober 22, 2026
Krishna Automotive strengthens its operations in Hyderabad. Enhances customer offering with BMW Service Workshop and BMW Premium Selection.October 22, 2026
CTR-JK Tyre FMSCI Indian National Car Racing Championship 2026 set for season opener in CoimbatoreOctober 22, 2026
The Anonymous Indian Charitable Trust (TAICT) Wins Sustainable Organization Award 2026October 22, 2026
Vinod Intelligent Cookware Targets Delhi’s Premium Cookware Market with Freya Brand ActivationOctober 22, 2026
Apollo Hospitals and Avadi Police Commissionerate Organise Health Camp for Police Personnel and Their Families Under ‘Kaval Kudumbam’ SchemeOctober 22, 2026
TAMPOS Midterm Conference 2026 Brings Together 150 Oncologists to Advance Cancer Care Across Tamil NaduOctober 22, 2026
Shades of Pink: Apollo Athenaa Women's Cancer Centres puts the spotlight on breast health awarenessOctober 22, 2026
How Health Systems Can Reduce Missed Follow-UpsOctober 21, 2026
What Good Care Coordination Looks Like Across Multiple ProvidersOctober 21, 2026