Susan Laborde | Tech Writer | August 14, 2023
Tourism has been an essential revenue-generating sector, providing over 320 million jobs globally. According to statistics, the Tourism industry employs many women, representing 54% of the workforce. But the industry was greatly affected by the Covid-19 pandemic.
Countries dependent on tourism felt the impact longer than other nations with diverse sources of revenue. In countries like Barbados, the pandemic halted the sector, significantly affecting the country’s income. This article provides information on the impact of Covid- 19 on the tourism industry.
Let’s take a look.
Global Impact in 2020
The pandemic affected the tourism industry negatively, and the unemployment rate increased.
The third-largest export industry in the world economy is tourism. Some nations’ gross domestic product is 20% of it. Millions of individuals in developed and developing economies are employed in this sector. The tourist sector employs one person for every ten employees. However, one of the Covid-19 epidemic areas was most badly damaged, hurting opportunities, public services, and lifestyles in various countries.
Jim Hepple is an Assistant Professor at the University of Aruba and is Managing Director of Tourism Analytics.