Global tourism has lost around $320 billion in international tourism receipts in the first five months of the year, more than three times the loss during the 2009 Global Economic Crisis, according to the latest report
The organization said the lockdowns imposed in various countries as a measure to contain the spread of the dreaded novel coronavirus diseases led to a 98 percent fall in international tourist numbers in May as compared to figures recorded in 2019.
“The dramatic fall in international tourism places many millions of livelihoods at risk, including in developing countries,” he added. While tourism is slowly returning in some destinations, the UNWTO reported its confidence index has dropped to record lows, both for the evaluation of the period January to April 2020, and the prospects for May to August.
In addition, concerns over a lack of reliable information and a deteriorating economic environment are indicated as factors weighing on consumer confidence.
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