Tag: Travel-industry-news

COVID-19 tourism spend recovery in numbers

By Urs Binggeli, Margaux Constantin, and Eliav Pollack October 20, 2020 Global tourism has been one of the most affected sectors during the COVID-19 crisis. Our tourism recovery model forecasts a cumulative drop of $3 trillion to $8 trillion before tourism expenditure returns to pre-COVID-19 levels. Recovery will be slow and driven by the underlying …

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