Global tourism crash to cause $4trn loss to world economy

  • Date: 01-Jul-2021
  • Source: Emirates Business
  • Sector:Tourism
  • Country:Middle East
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Global tourism crash to cause $4trn loss to world economy

Geneva / WAM The impact of the Covid-19 pandemic on tourism could result in a more than $4 trillion loss to the global economy, UN trade and development body UNCTAD said on Wednesday in a report issued jointly with the UN World Tourism Organisation (UNWTO). The estimate is based on losses caused by the pandemic's ...Geneva / WAM The impact of the Covid-19 pandemic on tourism could result in a more than $4 trillion loss to the global economy, UN trade and development body UNCTAD said on Wednesday in a report issued jointly with the UN World Tourism Organisation (UNWTO). The estimate is based on losses caused by the pandemic's ...