Published: 2021-01-28 17:39
Last Updated: 2022-05-24 06:57
The global tourism sector lost $ 1.3 billion in 2020 due to restrictions on movement due to the coronavirus pandemic, the World Tourism Organization announced Thursday.
A statement issued by the Madrid-based United Nations agency in charge of tourism said that this figure represents "11 times more losses than those recorded during the global economic crisis in 2009" and translates into a 74 percent decline in the flow of tourists in the world compared to 2019.
According to a recent Forbes article, the US has lost the most amount of raw dollars in tourism at a loss of $147.2 million.
Many European nations, Japan, Hong Kong, and Thailand also suffered major losses.