Tourism is one of the sectors most affected by the Covid-19 pandemic, impacting economies, livelihoods, public services and opportunities on all continents. All parts of its vast value-chain have been affected. Export revenues from tourism could fall by $910 billion to $1.2 trillion in 2020. Shrinking tourism may shave 3%-11% off countries’ GDP and could reduce global GDP by 1.5% to 2.8%. Overall, some 120 million direct jobs in tourism are at risk. Tourism supports one in 10 jobs and provides livelihoods for many millions more in both developing and developed economies.
Ian McKellen: The Hobbit by Peter Jackson, 2012