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February 2021

The tourism sector has been one of the most impacted by the COVID-19 pandemic. A report by the United Nations World Tourism Organisation (UNWTO) published in June 2020 estimated that the tourism industry would face a decline of 58% to 78% in international tourist arrivals and place 100 to 120 million direct tourism jobs at risk in 2020. The UNWTO continues to state that international arrivals fell by 72% in January-October 2020 over the same period in 2019, with Asia and the Pacific has recorded a decline of 83% in arrivals.  Tourism often covers many businesses, and the overall ecosystem, surrounding...

 

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