World Coronavirus: For world tourism, an estimated loss of 1.3 trillion dollars in 2020
Dire warning on future of tourism industry
There are calls for more Federal Government support for the tourism industry amid warnings it will continued to be devastated by international border closures.Health Department Secretary Brendan Murphy warned yesterday it is unlikely there will be a return to widespread overseas travel this year.
This figure represents "more than 11 times the loss recorded during the global economic crisis of 2009", according to the World Tourism Organization (UNWTO)CRISIS - This figure represents "more than 11 times the loss recorded during the global economic crisis of 2009", according to the World Tourism Organization (UNWTO)
A total hardly conceivable as it seems enormous. Under the effect ofput in place across the planet to stem the , the global lost no less than 1,300 billion dollars (1.071 billion euros) in 2020 , announced this Thursday the World Tourism Organization (UNWTO), a United Nations agency based in Madrid.
Ongoing travel restrictions put 32,000 tourism businesses at risk of failing, as end of JobKeeper looms
The tourism industry is calling for support from the federal government, as new research shows 32,000 operators could fail this year.New research by peak industry body Tourism and Transport Forum found 32,000 tourism businesses risk failing this year due to ongoing coronavirus travel restrictions, The Australian Financial Review reports.
Another dizzying data: this figure represents "more than 11 times the loss recorded during theAsia in the hard ", and corresponds to a 74% drop in tourist arrivals in the world compared to 2019, the press release indicates. of the UNWTO.
Video: Interest rates (AFP)
“2020 will have been the worst year in the history of tourism, with 1 billion fewer international arrivals “Compared to 2019, specifies the UNWTO. Asia-Pacific is the region that experienced the largest drop in arrivals in 2020 (- 84% over one year), as it was the first affected by the pandemic and currently maintains the strongest restrictions on trips.
For the, the decline is 70% year on year, but the continent has experienced "the largest drop in absolute numbers", with 500 million fewer arrivals. The Middle East and Africa were down 75% and the Americas 69%. During the 2008-2009 crisis, the number of visitors fell by only 4%.
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Up to four years of waiting
According to UNWTO experts, 100 to 120 million direct jobs are at risk in tourism, many of them in. The organization notes a "deterioration in the overall rebound outlook in 2021" and estimates that "it will take two and a half to four years for international tourism to return to 2019 levels".
"We are aware that the crisis is far from over," said Secretary General Zurab Pololikashvili, quoted in the statement. “The harmonization, coordination and digitization of risk reduction measures related to Covid-19 at the travel level, including screening, tracing and vaccination certificates, are fundamental to promoting safe travel and preparing for the recovery in tourism when conditions allow, ”he adds.
Mitt Romney Points Out GOP Wasn't Concerned About Debt, 'Spending Massively' Under Trump .
The Utah Republican highlighted that under GOP leadership the U.S. was "adding almost a trillion dollars a year to the national debt."During a Tuesday interview with the Utah Politics podcast, Romney said that Republicans were "spending massively" when they controlled the government. The moderate GOP senator also highlighted that members of his party are now frustrated that Democrats are ready to pass President Joe Biden's massive $1.9 trillion COVID-19 relief package through the Senate budget reconciliation process, despite Republicans doing the same thing with key priorities when they controlled the House and Senate.