UNWTO Records a 70% Drop in Global Tourism in the First 8 Months of 2020
The latest data gathered by the UN World Tourism Organization (UNWTO) states that global tourism has reached a 70% plunge in the first 8 months of 2020. As per UNWTOs World Tourism Barometer, in the month of July and August international arrivals dropped by up to 81% & 79% respectively bringing in a loss of $730 billion in export tourism.
All world regions recorded a drop in arrivals in the first 8 months, with the Asia Pacific recorded as the first region to suffer due to the impact of Covid-19, recording a 79% drop in arrivals. Africa and the Middle East both recorded a drop of 69% Whilst Europe and America recording a drop of 68% and 65% respectively. Given the impact of the Covid – 19 pandemic, the UNWTO ‘s panel of experts envisages a rebound in global tourism in the 3rd quarter of 2021.
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