One million jobs are being lost each day in the sector & the GDP loss to the world economy could reach $2.1 trillion in 2020
The World Travel & Tourism Council (WTTC) has urged governments to prevent “a catastrophic collapse” in the travel and tourism industry following the spread of the COVID-19 coronavirus, routesonline.com reports.
The call comes as G20 leaders meet in Saudi Arabia today to discuss the pandemic.
WTTC implored the leaders to assign resources and coordinate efforts to rescue major travel businesses such as airlines, cruises, GDS, hotels, and technology companies.
The organization underlined that one million jobs are being lost each day in the sector and the GDP loss to the world economy could be up to $2.1 trillion in 2020.
The World Travel & Tourism Council (WTTC) has urged governments to prevent “a catastrophic collapse” in the travel and tourism industry following the spread of the COVID-19 coronavirus, routesonline.com reports.
The call comes as G20 leaders meet in Saudi Arabia today to discuss the pandemic.
WTTC implored the leaders to assign resources and coordinate efforts to rescue major travel businesses such as airlines, cruises, GDS, hotels, and technology companies.
The organization underlined that one million jobs are being lost each day in the sector and the GDP loss to the world economy could be up to $2.1 trillion in 2020.
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