As is well- known by now, the travel and tourism industry will be amongst the hardest hit by the COVID- 19 pandemic. The latest figures are outright depressing. The World Travel and Tourism Council (WTTC), has now affirmed that there may be a loss of a staggering hundred- million tourism jobs thanks to the pandemic and its related outcomes. This sector will in fact be hardest hit in the wealthiest of countries, with about a third of the job losses expected to be in the G 20 countries. The WTTC further notes that it is only the G 20 that has the power to curb this onslaught. Among continents, it is Asia that will suffer the most, followed by the Americas and Europe. The travel and tourism industry, at present accounts for about a tenth of the global GDP, and this will be severely impacted.

Source:https://www.travelagentcentral.com/your-business/wttc-estimates-over-100-million-travel-tourism-jobs-will-be-lost

Uploaded Date:30 April 2020