Region:
World
Category:
Tourism

Pandemic cost tourism industry at least $ 320bn

  • Pandemic cost tourism industry at least $ 320bn
    In a report, the organisation said this loss was three times greater than that of the global financial crisis of 2009". Pandemic cost tourism industry at least $ 320bn
Region:
World
Category:
Tourism
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By BBC
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The pandemic cost $320bn (£248bn) to the global tourism industry in lost revenue between January and May, according to the World Tourism Organization

The pandemic cost $320bn (£248bn) to the global tourism industry in lost revenue between January and May, according to the UN World Tourism Organization (UNWTO).

In a report, the organisation said this loss was three times greater than that of the global financial crisis of 2009".

Tourist numbers also fell by 300 million during the period - a 56% drop from the same time last year - as lockdown measures brought a stop to international travel.

“This latest data makes clear the importance of restarting tourism as soon as it is safe to do so," said UNWTO Secretary-General Zurab Pololikashvili. "The dramatic fall in international tourism places many millions of livelihoods at risk, including in developing countries."