As we are currently, going through pandemic situation, the Tourism industry has been one of the worst hit.
As Tourism industry consists of industries like travel industry, hotels, attractions they also have been affected. As international flights have been cancelled, most of the countries have closed their borders, millions of jobs are now at risk.
If this situation continues, the travel industry might have a loss of $2.1 trillion in revenue and 75 million jobs was projected by World Travel and Tourism Council[1].
The Union Nations World Tourism Organisation (UNWTO) has predicted upto 20 to 30 percent decrease in the number of arrivals, which might result in a loss of 30 to 50 billion US dollars[2].
Stay in. Stay healthy.
References:
Coronavirus impacting the travel Industry: https://www.nationalgeographic.com/travel/2020/04/how-coronavirus-is-impacting-the-travel-industry/
United Nation World Trade Organisation COVID-19: https://www.unwto.org/tourism-covid-19
Most visited cities around the world: https://www.businessinsider.com/most-visited-cities-around-the-world-ranked-2019-9
United Nation World Trade Organisation: https://unwto.org/international-tourism-growth-continues-to-outpace-the-economy
Outbound Chinese Tourism and Consumption Trends: https://www.nielsen.com/wp-content/uploads/sites/3/2019/05/outbound-chinese-tourism-and-consumption-trends.pdf
International Tourism : https://data.worldbank.org/indicator/