News / More Than 197m Travel & Tourism Jobs Will Be Lost Due To Prolonged Travel Restrictions

More Than 197m Travel & Tourism Jobs Will Be Lost Due To Prolonged Travel Restrictions

🕔 June 16, 2020
WTTC reports dramatic impact of COVID-19 on Travel & Tourism around the worldwide

More than 197 million jobs could be lost in the global Travel & Tourism sector if barriers to global travel, such as blanket anti-travel advisories and quarantine measures remain in place, according to new research from the World Travel & Tourism Council (WTTC).

In the worst-case scenario, where restrictions were lifted after the summer, the impact would be more significant, putting a total of 197.5m million jobs at risk. This represents an alarming 96 per cent rise from the most recent 100.8 million jobs WTTC had previously estimated to be under threat from the coronavirus pandemic.

The research shows that if these travel restrictions were removed sooner, it could save a staggering 99.3m jobs. The impact of prolonged travel restrictions could also wipe out $5,543 billion in the sector's contribution to global GDP, equating to a 62% percent drop compared with 2019. Meanwhile, in the worst-case scenario, global international arrivals will suffer a sharp decline of 73% and 64% for domestic arrivals.

1. Worst-case scenario

Current restrictions starting to ease from September for short-haul and regional travel, from October for mid-haul and from November for long-haul.

In this scenario, 197.5 million jobs could be lost in the global Travel & Tourism sector, with a loss of $5,543 billion in global GPD. Meanwhile, global visitor numbers would drop by 73% for international arrivals.

2. Baseline scenario

Current restrictions starting to ease from June for regional travel, July for short-haul or regional travel; from August for mid-haul, and from September for long-haul.

In this scenario, a total of 121.1 million jobs could be lost in the global Travel & Tourism sector, with a loss of $3,435 billion in global GDP. Meanwhile, global visitor numbers would drop by 53% for international arrivals and by 34% for domestic arrivals.

3. Best-case scenario

Current measures starting to ease from June for short-haul and regional travel; from July for mid-haul and from August for long-haul.

In this scenario, a total of 98.2 million jobs could be lost in the Travel & Tourism sector, half the number in the worst-case scenario, with a loss of $2,686 billion in global GDP. Meanwhile, global visitor numbers would drop by 41% for international arrivals and by 26% for domestic arrivals.

According to WTTC's 2020 Economic Impact Report, during 2019, Travel & Tourism supported one in 10 jobs (330 million total), making a 10.3% contribution to global GDP and generating one in four of all new jobs.



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