MANAGING in the

NEW WORLD

The COVID- 19 pandemic has already triggered an enormous human and financial crisis, but there may be more to it. Experts from the tourism industry believe that even if the worst of suffering may soon get over, the industry will struggle long to recover its past lustre. The tourism operators’ union communicated via its website that Italy could get its inbound tourist numbers reduced to its low of the mid 1960s’ level. Back then, air travel was much more expensive. The world was also divided into blocs thanks to the Cold War. This limited the inter- bloc travel. A total of three million tourism jobs are there are present in Italy, with the sector contributing to about thirteen percent of the national GDP. Beach tourism has especially been hit hard. This will impact about thirty- thousand small companies operating in this segment.

Source:https://www.tourism-review.com/tourism-in-italy-to-rely-on-domestic-tourism-news11463

Uploaded Date:16 April 2020

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