Up to 50 million travel & tourism jobs are currently at risk
Figures from the World Travel & Tourism Council suggest a possible 14% employment decline
Up to 50 million jobs in the travel & tourism sector are currently at risk due to the COVID-19 situation.
According to figures from the World Travel & Tourism Council (WTTC), global travel in 2020 could be “adversely impacted” by up to 25% this year, equating to a 12% to 14% reduction in jobs. WTTC president & CEO Gloria Guevara said: “The COVID-19 outbreak clearly presents a significant threat to the industry as a whole, to those employed within it, and those wishing to continue travelling.”
She added: “Travel & tourism has the strength to overcome this challenge and will emerge stronger and more robust by taking all necessary measures to tackle COVID-19 and the understandable concern which surrounds it.” WTTC suggested a number of measures the industry could take to shift the sector towards recovery.
These include improving travel facilitation by removing or simplifying visa processes; reducing pressure on airports by temporarily lifting the 80-20 slot policy; easing fiscal policies by reducing or removing travellers’ taxes; supporting SMEs impacted by the coronavirus and finally increasing the budget for promotion, marketing and product development for when visitor numbers rise again.
WTTC announced last week it had decided to postpone its annual Global Summit. The 20th edition of the Summit was originally planned to take place in Cancun, Mexico from April 21 to 23. After consulting with the Government of Quintana Roo in Mexico, WTTC opted to move the event to the autumn period.