April 5, 2021

WTTC reveals US$4.5 trillion in lost revenue in 2020 in Travel & Tourism sectors due to COVID-19

  WTTC reveals global Travel & Tourism sector suffered a loss of almost US$4.5 trillion in 2020 due to the impact of COVID-19   Released: 25 March 2021   Travel & Tourism sector’s contribution to GDP plunged a staggering 49.1% in 2020 Job retention schemes look to have saved millions of jobs – but the threat remains Swift action could see lost jobs and GDP contribution return by 2022    The World Travel & Tourism Council’s annual Economic Impact Report (EIR) today reveals the full devastating impact of COVID-19 had on the global Travel & Tourism sector last year, which […]