In accordance with the latest United Nations World Tourism Organization (UN-WTO) “World Tourism Barometer”, the year 2020 was the “worst year on record” as global tourism suffered adversely due to international travel bans implemented to contain the COVID-19 outbreak. International arrivals dropped by 74% & worldwide destinations welcomed 1 billion fewer international arrivals than in 2019.
WARRIOR 5.0 Batch for SBI, RRB, RBI and IBPS Exams Banking Awareness Online Coaching | Bilingual
This collapse in travel represents an estimated loss of $1.3 trillion in export revenues, more than 11 times less during the 2009 crisis. On the regional front, Asia and the Pacific aced sharpest year-on-year contraction of 84% (-84%). It was followed by the Middle East (-75%) and Europe (-70%).
Important takeaways for all competitive exams:
Houses are not just places to live; some are grand, luxurious, and larger than most…
Asia is one of the fastest-growing regions in the world and is home to many…
India has formally begun preparing its military leadership for the wars of the future. On…
Union Bank of India has announced a key leadership change with the promotion of Shri…
India’s biodiversity has gained fresh attention after scientists discovered a new orchid species in Kerala’s…
Punjab’s aviation map witnessed a symbolic and developmental shift on 2 February 2026. Prime Minister…