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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