What will be the economic impact of COVID-19 (and should we care)?
April 18, 2020 Apr 18, 20
International tourism—and the communities that depend on it—has taken a massive hit.
The United Nations World Tourism Organization (UNWTO) estimates international tourist arrivals could decline by 20% to 30% in 2020. This would translate into a loss of USD 300 to 450 billion in international tourism receipts.