Competition
Postcoronavirus travel in Europe is up in the airedit
The Indian Express– Online
In the EU, 10% of economic output (GDP) is generated by the tourism industry. In some countries, including Greece or Malta, the share of the travel industry in GDP is even higher at 2025%.
Industry
Humans will Not Stop Dreaming and will Never Stop Travelling: Rajiv Nangia, TRAC Representationsedit
BW Hotelier – Online
Speaking on the devastating impact that COVID-19 has had on the travel and tourism industry, Rajiv Nangia, Chief Operating Officer, TRAC Representations India told BW HOTELIER that, “This is by far the biggest crises that Travel & Tourism has been subjected to and will bound to have a lasting impact on the sector as well as people working in the sector not only in India but across the globe.”
Global tourism bleeds as coronavirus pandemic spreadsedit
Business Today – Online
Millions of jobs in the global tourism industry could be lost due to the COVID19 pandemic, which has impacted travel like no other event in history and caused 96 per cent of all worldwide destinations to introduce restrictions in response to the outbreak.