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Today's Paper | March 19, 2026

Published 01 Jul, 2020 07:32pm

Tourism faces minimum $1.2 trillion hit from virus: UN

The coronavirus crisis could cost global tourism and related sectors from $1.2 to $3.3 trillion in lost revenue, the United Nations has said.

Lockdown restrictions to control the spread of Covid-19 have hammered the tourism sector particularly hard, the UN Conference on Trade and Development said in a report.

The world tourism industry is expected to lose at least $1.2 trillion in the best-case scenario, UNCTAD calculated.

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