The COVID- 19 global pandemic is set to trigger massive losses for the tourism sector. No country would be left out of this revenue contraction. It is no wonder, that Italy which is one of the leading nations in this sector, and among the top sufferers from corona virus, will be particularly hard hit. A total of more than four million tourism jobs existed in the country until now. The sector represents a whopping thirteen percent of the country’s GDP. But this year, tourism Italy could be staring at losses representing a staggering one- hundred and twenty billion Euros. It may now take up to two years for this to recover. Domestic travel may turn out to be the only saviour amidst such a gloomy situation.

Source:https://www.tourism-review.com/italian-tourism-counting-the-losses-news11481

Uploaded Date:28 April 2020