As per a report by the World Tourism Organization (UNWTO), the global tourism sector, one of the worst affected due to Covid -19, is expected to decline by 60-80 per cent in 2020.
This translates into the following:
- International travellers drop by 850 million to 1.1 billion.
- Tourism export revenues drop by USD 1.2 trillion
- The number of direct jobs at risk is between 100 to 120 million.
UNWTO experts see a sign of recovery from the final quarter of 2020, however mostly in the year 2021.