UNWTO: Global economy could lose over $4 trillion due to COVID-19 impact on tourism

The “crash” in international tourism due to the coronavirus pandemic could cause a loss of more than $4 trillion to the global GDP for the years 2020 and 2021, according to an UNCTAD report published on 30 June. The estimated loss has been caused by the pandemic’s direct impact on tourism and its ripple effect […]

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ITB Berlin and IPK International: International tourism continues to grow

As in previous years international tourism continues to grow in 2019, though not quite as strongly as before. During the first eight months of this year outbound trips increased worldwide by 3.9 per cent, one percentage point below 2018. This year, Asia again recorded the highest growth in international travel, while Latin America saw a […]

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UNWTO: International tourism numbers and confidence on the rise|3% to 4% in international tourist arrivals in 2019

The latest issue of the UNWTO World Tourism Barometer from the World Tourism Organization shows that international tourism continued to grow over the first quarter of 2019. Though at a slower rate when compared with the last two years, the 4% increase registered in early 2019 is a very positive sign. The Middle East (+8%) […]

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