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Post at: Jul 19 2021

UN Report on International Tourism

WHY IN NEWS

  • On 30 June, 2021, a joint report was released by the UN conference on Trade and Development (UNCTAD) and the UN World Tourist Organization [UNWTO].
  • According to UN report, tourism losses cost World $ (Dollar) 4 trillion in 2020 and 2021.

KEY HIGHLIGHTS OF THE REPORT

  • As per report international arrivals plunged by 74% in 2020 from pre-pandemic levels in 2019. It resulted into estimated losses of $2.4 trillion in tourism and allied sectors.
  • The reports set out three secenarios for 2021 showing international tourism arrivals forecast to drop by between 63% and 75% from pre-pandemic levels resulting in losses of between $ 1.7 trillion and $ 2.4 trillion.

  • As per report, developing countries could account for 60% of these loses owing to asymmetric vaccine roll-out globally.
  • Tourism is likely to pick up faster in North America and Europe where vaccination rates are higher.
  • 100-120 million tourism jobs are at stake.
  • This report recommended socio-economic measures to protect livelihoods.
  • Tourism is not expected to return to pre COVID level until 2023.
  • International tourism arrivals are set to stagnate in 2021 except in some western markets.

SIGNIFICANCE OF INTERNATIONAL TOURISM

  • However before the outbreak of the COVID-19 pandemic, tourism stood at an all time high : 1 out of 10 jobs worldwide depened on tourism& international tourism arrivals reached 1.5 billion in 2019.
  • It promote small cottage & handicraft business too.
  • It adds to the GDP (Gross Domestic Product) of a country.
  • It raises the standard of living of the population.
  • It also helps preservation of history and heritage in addition to promoting cultural exchange among different people.
     

 

CONCLUSION

Therefore, this UN report underlines COVID-19 vaccination and certificates are key to restore confidence inforeign tourism. Hence Vaccination will provide a lifeline for several countries including small inland states which rely mainly on tourism sectors to provide jobs.

Amit Gupta
 


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