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Global tourism stands to lose up to $4.8 trillion from COVID-19, UN says

Global tourism revenues are expected to fall by up to $US3.3 trillion ($4.8 trillion) due to COVID-19 restrictions, with the United States standing to lose the...

The ‘COVID-19 and Tourism’ report released by The United Nations Conference on Trade and Development (UNCTAD) is based on three scenarios for the…

  • Emma Farge
  • The Age
  • Reuters

In those scenarios, revenues would fall $US1.17 trillion, $US2.22 trillion and $US3.3 trillion respectively or between 1.5 per cent and 4.2 per cent of the…

The report did not say which scenario was most likely, although an UNCTAD official said the middle scenario “could be a…

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