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Home Business Aviation

International travel plunges 70% in the first eight months of 2020

5 years ago
in Aviation, highlights, Home, home-news, latest News, Travel
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International tourist arrivals (overnight visitors) declined 70 per cent in the first eight months of 2020 over the same period of last year, amid global travel restrictions including many borders fully closed, to contain the ongoing COVID-19 pandemic.

International arrivals plunged 81 per cent in July and 79 per cent in August, traditionally the two busiest months of the year and the peak of the Northern Hemisphere summer season.

Despite such large declines, this represents a relative improvement over the 90 per cent or greater decreases of the previous months, as some destinations started to reopen to international tourism, mostly in the European Union.

The decline in January-August 2020 represents 700 million fewer international tourist arrivals compared to the same period in 2019, and translates into a loss of US$ 730 billion in export revenues from international tourism, more than 8 times the loss in 2009 under the impact of the global economic crisis.

Asia and the Pacific, the first region to suffer the impact of the pandemic, saw a 79 per cent decrease in arrivals in January-August 2020. Africa and the Middle East both recorded a 69 per cent drop this eight-month period, while Europe saw a 68 per cent decline and the Americas 65 per cent.

Data on international tourism expenditure continues to reflect very weak demand for outbound travel, though in several large markets such as the United States, Germany and Italy there is a small uptick in spending in the months of July and August.

Based on latest trends, a 75 per cent decrease in international arrivals is estimated for the month of September and a drop of close to 70 per cent for the whole of 2020.

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While demand for international travel remains subdued, domestic tourism is strengthening recovery in several large markets such as China and Russia.

The UNWTO Confidence Index continues at record lows. Most UNWTO Panel Experts expect a rebound in international tourism by the third quarter of 2021 and a return to pre-pandemic 2019 levels not before 2023.

Experts consider travel restrictions as the main barrier weighing on the recovery of international tourism, along with slow virus containment and low consumer confidence.

Source: United Nations World Tourism Organization
Via: norvanreports
Tags: Covid-19International travelsUnited Nations World Tourism Organization
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