Coronavirus pandemic is an unprecedented crisis for the tourism economy
The coronavirus (COVID-19) pandemic is, first and foremost, a humanitarian crisis affecting people’s lives, and has triggered a global economic crisis. This has very tangible impacts for the tourism sector, which is critical for many people, places and businesses, with the impact particularly felt in countries, cities and regions where tourism is an important part of the economy.
Tourism generates foreign exchange, drives regional development, directly supports numerous types of jobs and businesses and underpins many local communities. The sector directly contributes, on average, 4.4% of GDP, and 21.5% of service exports in OECD countries5. These shares are much higher for several OECD countries. For example, tourism in Spain contributes 11.8% of GDP while travel represents 52.3% of total service exports, in Mexico these figures are 8.7% and 78.3%, in Iceland 8.6% and 47.7%, in Portugal 8.0% and 51.1%, and in France 7.4% and 22.2%6.
Figure 1. Direct contribution of tourism in OECD economies
The reality is that global tourism will be hard hit throughout 2020 and beyond, even if the spread of the virus is brought under control in the coming months. Tourism businesses were among the first to be shut down following the introduction of measures to contain the virus, as tourism necessarily involves people-to-people interactions and the movement of people travelling from their place of usual residence to destinations within their own country, and to other countries. Tourism activities are also likely to be among the last to restart, and on a phased basis. Even when these businesses do open, it will be under new operating procedures in the absence of a vaccine. The pandemic is also likely to have an impact on tourist behaviour, impacting the resumption and recover of domestic and international tourism.
Hello, this is Wenhao Xiao. Thanks for your sharing about the imformation of Coronavirus. I think that it's better for you to upload more colorful graphs and pictures because which will make the blog look better. On the other hand, the logic of your article is really good, you provide our readers so many numbers to show how serious this virous is. However, you can write more about the solution which can solve this problem from Relevant departments.
ReplyDeleteHello, I read your article and you making a wonderful job. Thanks for your sharing about corona virus, this is most serious problem I think in 2020, no matter who you are and who you live, this is important for everyone to understand more information about it. Once we understand more about information just like you did in the article, we can avoid the dangerous of corona problem. With your chart we can clearly see we have a tough 2020, hope we will have better 2021. Maybe you can give more detail about what happen on 2020.
ReplyDeleteI agree with you after reading your article. Coronaviruses affect the normal functioning of our human society. Tourism suffers greatly. Because people try to avoid unnecessary social activities in order to avoid the spread of the virus, traveling becomes even more impossible. There is also plenty of data to support the coronavirus's impact on tourism. For some cities and countries that depend on tourism for their economic support, this is fatal. The link between tourism and services is a direct result of the downturn. The graphs in the paper provide a direct and sharp contrast to support the argument In the case of the coronavirus, there is no immediate recovery for tourism. But I think it's hard to hide the desire to travel after the canned virus has ended. The day when the epidemic stabilizes will also be the time for tourism to boom.
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