International Tourism will not Recover Until 2023

International Tourism will not Recover Until 2023

GENEVA (Reuters) – With the exception of some western markets, international tourist arrivals will stagnate this year, causing losses of up to $2.4 trillion, a United Nations study said on Wednesday. He said the vaccine and the COVID-19 certification are key to restoring confidence in foreign tourism, which many countries, especially the small island states, rely heavily on in this sector to create jobs that provide a lifeline.

UNCATADD and the World Organization report that international arrivals in 2020 fell by 73% compared to pre-epidemic levels in 2012, resulting in an estimated $2.4 trillion in tourism and related sectors. UN Tourism (OMT). “This year’s outlook doesn’t look any better,” Ralph Peters, UNTATADAD’s trade analysis branch, told a news conference. “The first three months were bad again, not too many trips,” he said.

“At least some of North America and Europe are expected to recover somewhat in the second half of the year,” he told Reuters after submitting the vaccines.” The report sets out three scenarios for 2021, with international tourist arrivals forecast to fall between 63% and 75% from pre-epidemic levels, resulting in losses of $ 1.7 trillion and $ 2.4 billion.

“We were at the level of international travel 30 years ago, so we’re basically in the 80’s … a lot of livelihoods are really in danger,” said Zoritisa Urosevic, the Geneva representative for the Madrid-based UNWTO. “What we’re seeing in the long run is … hitting the 2019 numbers after 2023,” he said. Sandra Carvao, head of the UNWTO’s market intelligence department, said it would be a “very alternative recovery” that would vary by region and country.

He said the European Union’s Covid-19 digital certificate, which will take effect on Thursday, represents the only regional melody to date. Referring to the Travel Corridor, Carvao said: “We see, for example, that Asia-Pacific is still one of the most closed regions in the world at the moment; Most of the country’s borders are completely closed or closed with significant restrictions.” Most of the country’s borders are completely closed or closed with significant restrictions.” 

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