No Result
View All Result
Monday, June 30, 2025
MM News
اردو
  • Home
  • Latest News
  • National
  • Showbiz
    Squid Game 3 released on June 27, on Netflix.

    Squid Game Season 3: Stream it or skip it?

    file photo

    Has Alizeh Shah found her ‘Mr. Perfect’? Social media posts spark speculation

    (File Photo)

    Mehwish Hayat calls marriage a gamble, slams gendered expectations in showbiz

    Vicky Kaushal

    What did Vicky Kaushal say about Katrina Kaif’s feedback on his films?

    Sardaar Ji 3

    ‘Sardaar Ji 3’ outperforms Salman Khan’s ‘Sultan’ on opening day

    Shefali Jariwala

    Paras Chhabra’s prediction about Shefali Jariwala’s sudden death goes viral

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
MM News
  • Home
  • Latest News
  • National
  • Showbiz
    Squid Game 3 released on June 27, on Netflix.

    Squid Game Season 3: Stream it or skip it?

    file photo

    Has Alizeh Shah found her ‘Mr. Perfect’? Social media posts spark speculation

    (File Photo)

    Mehwish Hayat calls marriage a gamble, slams gendered expectations in showbiz

    Vicky Kaushal

    What did Vicky Kaushal say about Katrina Kaif’s feedback on his films?

    Sardaar Ji 3

    ‘Sardaar Ji 3’ outperforms Salman Khan’s ‘Sultan’ on opening day

    Shefali Jariwala

    Paras Chhabra’s prediction about Shefali Jariwala’s sudden death goes viral

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
No Result
View All Result
No Result
View All Result
MM News
اردو
  • Latest
  • Showbiz
  • Thought Box
  • Business & Stock
  • Opinions
  • Technology
  • The Other Side-Pakistan
Home World

Pandemic to cost global tourism $2 trillion in 2021: UN

MM News Staff by MM News Staff
November 29, 2021
The global tourism sector already lost $2.0 trillion in revenues last year due to the pandemic. Source: Travel Geek

The global tourism sector already lost $2.0 trillion in revenues last year due to the pandemic. Source: Travel Geek

MADRID: The coronavirus pandemic will cost the global tourism sector $2.0 trillion in lost revenue in 2021, the UN’s tourism body said on Monday, calling the sector’s recovery “fragile” and “slow”.

The forecast from the World Tourism Organisation comes as Europe is grappling with a surge in infections and a new heavily mutated Covid-19 variant, dubbed Omicron, spreads across the globe.

International tourist arrivals will this year remain 70-75 percent below the 1.5 billion arrivals recorded in 2019 before the pandemic hit, a similar decline as in 2020, according to the body.

The global tourism sector already lost $2.0 trillion in revenues last year due to the pandemic, according to the UNWTO, making it one of the sectors hit hardest by the health crisis. While the UN body charged with promoting tourism does not have an estimate for how the sector will perform next year, its medium-term outlook is not encouraging.

“Despite the recent improvements, uneven vaccination rates around the world and new Covid-19 strains” such as the Delta variant and Omicron “could impact the already slow and fragile recovery,” it said in a statement.

The introduction of fresh virus restrictions and lockdowns in several nations in recent weeks shows how “it’s a very unpredictable situation,” UNWTO head Zurab Pololikashvili told a news agency.

“It’s a historical crisis in the tourism industry but again tourism has the power to recover quite fast,” he added ahead of the start of the WTO’s annual general assembly in Madrid on Tuesday. “I really hope that 2022 will be much better than 2021.”

While international tourism has taken a hit from the outbreak of disease in the past, the coronavirus is unprecedented in its geographical spread. In addition to virus-related travel restrictions, the sector is also grappling with the economic strain caused by the pandemic, the spike in oils prices and the disruption of supply chains, the UNWTO said.

Pololikashvili urged nations to harmonise their virus protocols and restrictions because tourists “are confused and they don’t know how to travel”. International tourist arrivals “rebounded” during the summer season in the Northern Hemisphere thanks to increased travel confidence, rapid vaccination and the easing of entry restrictions in many nations, the UNWTO said.

“Despite the improvement in the third quarter, the pace of recovery remains uneven across world regions due to varying degrees of mobility restrictions, vaccination rates and traveller confidence,” it added.

Arrivals in some islands in the Caribbean and South Asia, and well as some destinations in southern Europe, came close to, or sometimes exceeded pre-pandemic levels in the third quarter.

Other countries however hardly saw any tourists at all, particularly in Asia and the Pacific, where arrivals were down 95 percent compared to 2019 as many destinations remained closed to non-essential travel.

A total of 46 destinations — 21 percent of all destinations worldwide — currently have their borders completely closed to tourists, according to the UNWTO. A further 55 have their borders partially closed to foreign visitors, while just four nations have lifted all virus-related restrictions — Colombia, Costa Rica, Dominican Republic and Mexico.

The future of the travel sector will be in focus at the WTO annual general assembly, which will run until Friday. The event — which brings together representatives from 159 members states of the UN body — was original scheduled to be held in Marrakesh.

In late October, Morocco decided not to host the event due to the rise in Covid-19 cases in many countries. Before the pandemic, the tourism sector accounted for about 10 percent of the world’s gross domestic product and jobs.

ShareTweetSendShare
Previous Post

Lindsay Lohan engaged to Dubai-based businessman

Next Post

Concept of personal development

Related Stories

Mourners react during the funeral of Palestinians killed in an overnight Israeli strike on a tent, according to Gaza's health ministry, at Nasser Hospital in Khan Younis, southern Gaza Strip, June 29, 2025. REUTERS/Hatem Khaled
World

Trump calls for war to end as Israel orders evacuations in northern Gaza

June 29, 2025
Image: Online
World

Israel claims killing of Hamas leader Al-Issa in targeted operation

June 29, 2025
Tunisian Girl
National

Social media marriage ends: Tunisian bride in Pakistan handed over to embassy

June 29, 2025
Donald Trump
Top News

Putin credits Trump for improving Russia-US relations

June 28, 2025
(File Photo)
Trending

Matcha: What’s fueling the world obsession with Japanese green tea?

June 27, 2025
India signed a $5.43 billion agreement with Russia in 2018 for the acquisition of five S-400 squadrons.  (File Photo)
World

India, Russia discuss delivery of S-400 batteries, Su-30 jet upgrade at SCO meet

June 27, 2025
Iranian media photo
World

Iran’s Guardian Council endorses bill to suspend IAEA cooperation

June 26, 2025
File photo
World

Nearly six million donkeys slaughtered for Chinese medicine, claims UK Charity

June 26, 2025
File photo of Indian plane crash
Top News

India recovers data from black boxes after deadly Ahmedabad flight crash

June 26, 2025
File photo
World

Ayatollah Ali Khamenei declares victory over US in Israel-Iran conflict

June 26, 2025
Next Post

Concept of personal development

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trending Stories

An egregious example of arrogance and haughtiness: Senior politician Manzoor Wattoo offered funeral prayers while sitting in an air-conditioned vehicle
Trending

Sheer arrogance: Ex-CM Punjab Manzoor Watto offers funeral prayers from his car

by MM News Staff
June 29, 2025
This development came after Minister of State for Interior Talal Chaudhry's recent visit to Spain where he met his counterpart, Fernando Grande-Marlaska. (Image: PTV News/File)
Crime

Two Pakistan-wanted fugitives arrested in Spain

by MM News Staff
June 29, 2025
Phone 17 Air: Cutting-Edge Features in Apple’s Thinnest Phone Yet
Technology

Will the iPhone 17 Air be worth the hype? Here’s what to expect from Apple’s thinnest phone

by Zaka Khan
June 29, 2025
Squid Game 3 released on June 27, on Netflix.
Film & TV

Squid Game Season 3: Stream it or skip it?

by MM News Staff
June 29, 2025
(APP)
Transport

Rs150 billion approved to make Rawalpindi a ‘signal-free’ city

by MM News Staff
June 29, 2025

Opinion

Munir-Ahmed
Portugal and Pakistan: Building a Bilateral Bridge in a Fractured World
June 29, 2025
- Munir Ahmed
munir ahmed oped
A Peace Prize for Betrayals: Rethinking Pakistan’s Strategic Alliances
June 28, 2025
- Munir Ahmed
munir ahmed oped
“Run Lola Run” – More than a movie to cultural bridging
June 27, 2025
- Munir Ahmed
No posts found
See all

Weather Updates

Rain
Top News

Monsoon showers hit Karachi, more rain expected in coming hours

by MM News Staff
June 28, 2025

Rainfall has begun this morning in Karachi, with reports of light to moderate rain...

file photo

Showers continue across Karachi, bringing relief from the heat

June 27, 2025
file photo

Will Karachi receive more rain today?

June 27, 2025
File photo

Karachi receives heavy rain with thunderstorm

June 26, 2025
See all

Prices

Solar panels installed at a Peshawar park to meet lighting needs. (Image: Dawn.com)
Business & Stock

Latest prices of solar panels in Pakistan – June 2025

by MM News Staff
June 29, 2025

The federal government of Pakistan has imposed 10% sales tax on solar panels that...

representative image

Latest gold prices in Pakistan today- June 29, 2025

June 29, 2025
representative image

Gold prices further drop in Pakistan

June 28, 2025
Foreign Currency

Foreign currency exchange rates in Pakistan, 28 June 2025

June 28, 2025
See all

Transport News

(APP)
Transport

Rs150 billion approved to make Rawalpindi a ‘signal-free’ city

by MM News Staff
June 29, 2025

The Punjab government has approved a record-breaking development package worth Rs.150.0 billion for Rawalpindi...

file photo

Pakistan set to launch train service from Lahore to Russia next month

June 29, 2025
Maryam Nawaz

Maryam Nawaz orders 240 electric buses for South Punjab districts

June 28, 2025

Two planes avoid major accidents following bird strikes at Karachi airport

June 27, 2025
See all

MM Digital (Pvt.) Ltd.

MM News is a subsidiary of the MM Group of Companies. It was established in 2019 with the aim of providing people of Pakistan access to unbiased information. Contact Details: 03200201537

Quick Links

  • Home
  • Advertise
  • MM News Urdu
  • The Other Side-Pakistan
  • Contact Us
  • Privacy Policy

Top Pages

  • Latest News
  • Showbiz
  • OP-ED
  • Technology
No Result
View All Result
  • Latest News
  • Showbiz
  • Thought Box
  • Business
  • Opinions
  • Technology

© Copyright 2024 MMNews - All Rights Reserved.