Global tourism .. 30% decline and future losses of 450 billion dollars


Millions of jobs in the tourism sector are threatened by the Corona virus


The World Tourism Organization expected a decrease in the number of tourists in the world by 20% to 30% in the year 2020, due to the emerging Corona virus, after previously forecasting a decline of 1% to 3%.

And the specialized agency of the United Nations, based in Madrid, expected tourism revenues to decline by 300 to 450 billion dollars, or nearly a third of the 2019 revenues of 1.5 trillion dollars, according to Al-Eqtisadiah newspaper.

“Tourism is among the most affected economic sectors,” Zurab Pololikashvili, the agency’s secretary-general, said in a statement, adding, “It is clear that millions of jobs in the sector are threatened.”

The agency noted that global tourism declined by 4% during the economic crisis in 2009 and only by 4% in 2003 in the wake of the outbreak of SARS syndrome that killed 774 people around the world.

The organization had expected at the beginning of the year that world tourism would grow by 3% to 4%, but had revised its forecast on March 6 due to the rapid outbreak of “Covid 19”, and predicted a decline of 1% to 3%.

Since reviewing expectations, more countries have imposed travel restrictions, and more flights have been canceled at a time when world governments are seeking to contain the spread of the virus, which has killed more than 23,000 people worldwide.