According to the latest UNWTO World Tourism Barometer, the collapse in international travel represents an estimated loss of USD 1.3 trillion in export revenues.
VisitBritain’s predicts first signs of slow recovery for 2021
VisitBritain’s inbound tourism forecast for 2021 is predicting the first signs of a slow recovery for overseas visits to the UK.
WTTC to establish global steering committee
WTTC takes on global leadership and coordination role to provide a route to recovery for Travel & Tourism sector.
GBTA urges for enhanced transatlantic cooperation to restore safe travels
Harmonised health protocols and coordinated contact-tracing technologies can prevent further outbreaks.
Electronic quarantine tags another necessary evil that will discourage travel plans
The electronic quarantine tag recently introduced in Singapore has the potential to rattle the number of international departures from the country, as it is yet another aspect that will elevate consumer angst and postpone recovery for neighboring Asian destinations, according to GlobalData
40% of destinations have eased travel restrictions
The responsible restart of tourism is underway around the world as growing numbers of destinations ease COVID-19 related travel restrictions and adapt to the new reality.
MICE tourism may never fully recover from COVID-19
Meetings, incentives, conferencing and exhibitions (MICE) tourism was one of the first types of tourism to be impacted by the global spread of COVID-19 and it could be one of the last to fully return as international business arrivals are projected to fall by 35.3% in 2020.
Long haul travel preparations should be considered for eager UK millennials
UK millennials are the most likely to book an international trip in 2020 – with 49% agreeing* that they would rebook in a survey by GlobalData.
Lack of high-spending US travelers will prolong economic recovery
As infection rates across the US surge, this invaluable source market is still a long way from recovery, which will only make matters worse for EU destinations that are major beneficiaries from US tourism, says GlobalData.
The first of many quarters of disappointment for Australian export tourism
Australian tourism businesses which have traditionally had a heavy focus on catering to international visitors will need continued government support to ensure they remain capable of reigniting inbound tourism once borders reopen.
