The countries most affected by the impact of Kovid-19 on tourism

(CNN) – While popular destinations are slowly reopening and tourism is taking place in some places, the impact of the epidemic on the industry is nothing short of devastating.

Many countries that rely too heavily on tourism revenue lost one of their main sources of funding almost overnight in March, but which is likely to be the hardest hit?

According to Statista, Mexico is the weakest of the world’s largest economies, as 15.5% of its GDP depends on the travel and tourism industry.
The online portal, which provides data on the global digital economy, has compiled a list of people most likely to be affected based on 2019 data from the World Travel and Tourism Council (WTTC).

Mexico topped the list of state statistics, followed by Spain and Italy.

Among the countries already dying of the highest coronavirus virus, European destinations are also most likely to be affected by the decline in tourism due to the dependence on revenue from tourists, which increased Spain’s GDP by 14.3% and 13% last year. Had contributed. Of Italy according to WTTC.

After issuing one of the tightest lockdowns in Europe – at one point adults were only allowed to leave home to buy food, medicine, or to take their dogs for a walk – Spain was eager to revive its struggling tourism industry Is, reopening its boundaries. All EU countries approved in the last month and third party countries.

Tourism dependency

In 2019, tourism accounted for about 13% of Italy’s GDP.

Marco SABADIN / AFP / Getty Images

Meanwhile, Italy was relocated to EU travelers, as well as microtates and princely states of Britain and Andorra, Monaco, San Marino and the Vatican, described by the government as a “risk calculation”.

However, cases of coronovirus here have increased significantly in Spain since the ban was lifted, while some classes have been issued with a second lockdown.

Italy has also experienced a slight increase in cases since the restrictions were relaxed, indicating that the recovery process is likely to slow with potential stops and starts.

On the US, the impact on the world’s largest economy has been less significant, with tourism accounting for only 8.6% of GDP, based on various contributions, including revenues from hotels, travel agents, airlines, and restaurants.

However, the WTTC indicates the total contribution from travel and tourism accounts for approximately 16.8 million jobs.

France sits just below the US on the list, with tourism at 8.5% of GDP in 2019, followed by Brazil at 7.7%.

Perhaps, unsurprisingly, the decline in tourism is likely to have some financial implications for South Korea, with the tourism sector accounting for only 4.2% of its GDP last year.

While top destinations have been pulling all stops to lure travelers back, it seems the industry is taking time to rebirth, and experts have suggested that things may never return the way they should The first was – it took the airline industry nearly three years to rebound from the terrorist attacks on September 11, 2001.

“I’m not sure [the travel sector] Will ever be the same [pre-Covid 19]”Says Lori Pennington-Gray, professor and director of the Tourism Crisis Management Initiative at the University of Florida, told CNN Travel earlier this month.

“As far as operating at full capacity and with similar versions, it can take years to achieve. But we know from past crises that the travel industry is very flexible.”

“The travel industry will reverse, it’s not just going to happen tomorrow.”


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