tourism loss – आवारा मुसाफिर

WTTC warns of £639 million daily loss if international travel remains off limits in July

June 22, 2021397 Views

# Global tourism body predicts a monthly £19.8 billion loss# Up to 218,000 jobs at serious risk of being lost if international travel stays off limits over peak summer holiday period# Urges four step plan to safely restart international travel The UK will lose a staggering £639 million a day during July if international travel remains off limits, according to an open letter to the UK Prime Minister, from the World Travel & Tourism Council (WTTC). The global tourism body, which represents the global private Travel & Tourism sector, has written to the UK Prime Minister, warning the UK faces a possible £19.8 billion loss if international travel is effectively delayed until August. FILE PHOTO: People queue to enter terminal 2, as tighter rules for international travellers sta...

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Global Travel & Tourism sector suffered a loss of $4.5 trillion in 2020 due to COVID-19

AWARA MUSAFIR BUREAU

March 25, 2021710 Views

-Travel & Tourism sector’s contribution to GDP plunged a staggering 49.1% in 2020-Job retention schemes look to have saved millions of jobs - but the threat remains-Swift action could see lost jobs and GDP contribution return by 2022 The World Travel & Tourism Council’s annual Economic Impact Report (EIR) on Thursday reveals the full devastating impact of COVID-19 had on the global Travel & Tourism sector last year, which suffered a massive loss of almost US$4.5 trillion. The annual EIR from the World Travel & Tourism Council (WTTC), which represents the global Travel & Tourism private sector, shows the sector’s contribution to GDP dropped a staggering 49.1%, this compared to the overall global economy which dropped by just 3.7% last year. Vast losses run up d...