MADRID: 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 travelling plunged, the UN said Tuesday.
Revenue lost between January and June amounted to "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.
International tourist arrivals fell by 440 million during the period, or 65 percent, with Asia, the first region to feel the impact of Covid-19, seeing the steepest decline, it added.
"This represents an unprecedented decrease, as countries around the world closed their borders and introduced travel restrictions in response to the pandemic," the Tourism Organization said.
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