Global Tourism 'on Track' To Reach 65% Of Pre-Covid Levels By End Of Year
Muhammad Irfan Published November 24, 2022 | 09:09 PM
The global tourism industry is on track to reach 65 per cent of pre-pandemic levels of international visitors by the end of this year as the sector, led by Europe, recovers from the worst crisis in its history
ISLAMABAD, (UrduPoint / Pakistan Point News - 24th Nov, 2022 ) :The global tourism industry is on track to reach 65 per cent of pre-pandemic levels of international visitors by the end of this year as the sector, led by Europe, recovers from the worst crisis in its history.
The industry could bring in $1.2 trillion to $1.3 trillion in tourism revenue this year, a 60 per cent to 70 per cent increase over 2021, according to the latest data from the UN World Tourism Organisation (UNWTO). This year's revenue forecast is 70 per cent to 80 per cent of the $1.8 trillion the global industry generated in 2019.
This represents 63 per cent of 2019 levels, putting the sector on course to reach 65 per cent of its pre-pandemic levels by the end of this year, The National reported.
"Results were boosted by strong pent-up demand, improved confidence levels and the lifting of restrictions in an increasing number of destinations," the report said.
An estimated 340 million international arrivals were recorded in the third quarter of 2022 alone, almost half of the 700 million people that travelled during the first nine months of the year, according to the UNWTO.
This is a recovery of 81 per cent of its tourist arrivals before the Covid-19 pandemic hit, the report said.
Africa and the Americas also recorded strong growth compared with 2021, reaching 63 per cent and 66 per cent of 2019 levels, respectively.
In Asia and the Pacific, international arrivals more than tripled in the first nine months of 2022, reflecting the opening of many destinations, including Japan at the end of September. But arrivals in Asia and the Pacific were still 83 per cent below 2019 levels.
Destinations reporting arrivals above pre-pandemic levels in the nine months through September include Albania, Ethiopia, Honduras, Andorra, Puerto Rico, Dominican Republic, Colombia, El Salvador and Iceland, the UN body said.