Pandemic cost global tourism $1.3 trillion in 2020: UN

Published
0

The coronavirus crisis cost the global tourism sector $1.3 trillion in lost revenue in 2020 as the number of people travelling plunged, the UN said, calling it “the worst year in tourism history”, according to an AFP report.

Revenue lost last year amounted to “more than 11 times the loss recorded during the 2009 global economic crisis,” the Madrid-based World Tourism Organisation said in a statement, warning that between 100 and 120 million direct tourism jobs were at risk.

International tourist arrivals fell by one billion, or 74 per cent, in 2020 with Asia, the first region to feel the impact of Covid-19, seeing the steepest decline, it added.

Opinion

Editorial

After the talks
Updated 05 Oct, 2026

After the talks

Considering how close they came to a solution, govt and opposition teams should reconvene to give the talks another chance.
Child safety online
Updated 05 Oct, 2026

Child safety online

Pakistani children are spending more of their lives online, but the safeguards around them are not keeping pace.
Rising public debt
05 Oct, 2026

Rising public debt

Pakistan’s public debt has surged by 76pc to Rs86.7tr in four years, according to a new government report.
Yemen offensive
Updated 04 Oct, 2026

Yemen offensive

The best option, therefore, is for Muslim and Arab states to help restore the Saudi-Houthi ceasefire.
Growth transition
04 Oct, 2026

Growth transition

PRIME Minister Shehbaz Sharif’s recent call to move from stabilisation to growth, job creation and export ...
Protection at risk
04 Oct, 2026

Protection at risk

THE recent warning from UNHCR should alarm donor governments. Nearly 8.3m refugees and other forcibly displaced...