UNWTO : COVID-19 Impact on Global Tourism is three times than 2009 Global Economic Crisis
30 July 2020: The enormous toll of COVID-19 on international tourism has now become clear. The latest edition of the UNWTO World Tourism Barometer shows that the near-complete lockdown imposed in response to the pandemic led to a 98 per cent fall in international tourist numbers in May when compared to 2019. The Barometer also shows a 56% year-on-year drop in tourist arrivals between January and May. This translates into a fall of 300 million tourists and US$320 billion lost in international tourism receipts – more than three times the loss during the Global Economic Crisis of 2009.
While tourism is slowly returning in some destinations, the UNWTO Confidence Index has dropped to record lows, both for the evaluation of the period January-April 2020, and the prospects for May-August. Most members of the UNWTO Panel of Tourism Experts expect international tourism to recover by the second half of 2021.
According to the UN agency, governments in every world region have a dual responsibility: to prioritize public health while also protecting jobs and businesses. UNWTO Secretary-General Zurab Pololikashvili said: “The dramatic fall in international tourism places many millions of livelihoods at risk, including in developing countries. Governments in every world region need to maintain the spirit of cooperation and solidarity that has defined our response to this shared challenge and refrain from making unilateral decisions that may undermine the trust and confidence we have been working so hard to build.”
The group of global experts points to a series of downside risks such as travel restrictions and border shutdowns still in place in most destinations, major outbound markets such as the United States and China being at standstill, safety concerns associated with travel, the resurgence of the virus and risks of new lockdowns or curfews.