UN: international tourism has declined to 1990 levels

UN: international tourism has declined to 1990 levels

International tourism from January to October fell to the level of 1990, reducing by 72%.

This is stated in the report of the UN World Tourism Organization.

“The 72% decline in international tourism in 2020 is due to travel restrictions, consumer fears and the global struggle to contain the coronavirus. All of this has led to this year being the worst in tourism history. According to the latest data, from January to October, countries around the world welcomed 900 million fewer tourists than during the same period in 2019,” the report said.

It is specified that this situation resulted in a loss of $935 billion in international tourism revenue, ten times the loss the industry suffered in 2009.

“Based on current statistics, we can expect international tourist arrivals to drop by one billion or 70-75% at the end of the year and return to the level of thirty years ago. And the loss of revenue from the industry will reach $1.1 trillion. Such a sharp decline could reduce world GDP by $2 trillion,” – said in the UN.

The most noticeable fall of tourism was in the Asia-Pacific region, where in 10 months the number of trips was reduced by 82%. In the Middle East the decline was 73%, in Africa – 69%. International arrivals to Europe and America declined by 68%. Europe was the least affected by the pandemic, thanks to a brief recovery in tourism during the summer months.

“Tourist spending data continues to show very weak demand for international travel. However, some markets, such as the U.S., Germany and France, have recently shown some signs of recovery. In addition, domestic tourism demand continues to grow in Russia, China and some other countries,” the UN added.

By the second half of 2021, tourism is projected to recover partially. But a return to 2019 levels will probably take 2.5 to four years.