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.
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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%).
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