Tourist arrivals may decline by up to 3% & APAC to be most affected, says UNWTO

UNWTO has revised its 2020 prospects for international tourist arrivals to a negative growth of 1-3 per cent, translating into an estimated loss of US$ 30 to 50 billion in international tourism receipts. Prior to the COVID-19 outbreak, UNWTO predicted a positive growth of 3-4 per cent for this year. This first assessment expects that Asia and the Pacific will be the worst affected regions, with an anticipated fall in arrivals of 9-12 per cent. Estimates for other world regions are currently premature in view of the rapidly evolving situation.

UNWTO underscores that any estimate must be treated with caution and is likely to be updated.