Moreover, 18 airlines have filed for bankruptcy as of 2020. Global tourism expenditure may be up to $8.1 trillion lower than predictions following the implication of COVID-19 ( McKinsey & Company, 2020 ). cautious optimism for 2020: 47% of UNWTO Panel Experts believe tourism will perform better and 43% at the same level of 2019. International tourism, number of arrivals World Tourism Organization, Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files. 6.2%. Wellness tourism grew from a $563 billion market in 2015 to $639 billion in 2017, or 6.5% annually, more than twice as fast as tourism overall (3.2%). As a result, the sector lost USD 1.3 trillion in export revenues in 2020. Among tourism-dependent Caribbean nations, the decline will also reach 12 percent. World. PGT, as it is affectionately known, works closely with various key tourism industry players locally and abroad. In Africa, the sec-tor represented 10 per cent of all exports in 2019. 81.4. The global health crisis shut down hotels, restaurants and cafes, and many other additional businesses; it has grounded airplanes and greatly affected the Travel and Tourism industry. 9.8% increase compared to the previous month and a 97.8% decrease compared to the corresponding month of the previous year. Downloadable! 7. In 2020, the market size of the global tourism sector declined over the previous year, reaching 1.54 trillion U.S. dollars. The 2020-2021 Medical Tourism Index comes at a time where the industry, and the entire world, has been changed forever by COVID-19. 565.4. As countries implement several travel restrictions to curb the spread of the disease, both national and international tourism are on pause. This would be the biggest fall in merchandise trade since 2009, when trade fell by 22%. The prediction, broad and probably conservative, will put millions of workers in the world’s tourism industry, out of work. In 2018, it was estimated that the world cruise industry is worth approximately $150 billion. Tourist Arrivals in Lebanon increased to 67395 in February from 67076 in January of 2021. Our tourism recovery model forecasts a cumulative drop of $3 trillion to $8 trillion before tourism expenditure returns to pre-COVID-19 levels. While it is not the biggest, the travel industry market size in 2020 is substantial, given the COVID-19 pandemic. Travel is essential to the American economy, providing an indispensable source of job creation. East Asia/Pacific. 6.5%. This is a 56-fold increase. A 4% increase on the previous year which is also forecast for 2020, confirming tourism as a leading and resilient economic sector, especially in view of current uncertainties. 2,915 people responded to our 2020 Solo Traveler Reader Survey that included 26 questions. Global Forum on Tourism Statistics, Food & Tourism Experience, climate change & tourism, Tourism Satellite Account, int. The COVID-19 pandemic and the restrictions on travel established as a response to it, have a serious impact on Travel and Tourism industry. Emerging economies now account for more market share as compared to developed economies. According to a report in The National, global international arrivals fell by 72 per cent over the first 10 months of 2020 — because of the travel restrictions, depressed consumer confidence and global efforts to contain the spread of the COVID-19 virus. TOP TOURISM STATISTICS UK: Tourism is the fastest growing industry in Britain. The global culinary tourism market was valued at $1,116.7 billion in 2019 and is expected a market value of $1,796.5 billion by 2027, registering a CAGR of 16.8% from 2020 … Around 150 million Chinese traveled abroad in 2018 and spent $277 billion (€ 249 billion). Global Tourist Numbers Down 65% In First Half Of 2020, UNWTO Reports. The October World Economic Outlook projected the global economy would contract by 4.4 percent in 2020. As 2020 drew to a close with severe limitations to travel still in place, the World Tourism Organization (UNWTO) reports that international tourist arrivals declined by 74 percent in 2020 … The coronavirus has shown how important China is for global tourism. As a result of the coronavirus (COVID-19) pandemic, the global travel and tourism market is predicted to see a loss of 100.8 million jobs worldwide in 2020. 4.2. For many developed and developing countries, the tourism sector is a major source of employment, government revenue and foreign exchange earnings. ELECTRIC PLANES. (CondorFerries) According to global hospitality and tourism industry statistics, the Global travel industry accounts for almost 10% of world GDP. Statistics Department collects tourism statistics and disseminates them through two publications: the Compendium of Tourism Statistics and the Yearbook of Tourism Statistics. Emission-free flying sounds like an unattainable fantasy but the reality is that it’s just around the corner. Tourist Arrivals in Lebanon averaged 171243.84 from 1993 until 2021, reaching an all time high of 574974 in July of 2019 and a record low of 4771 in April of 2020. Global business travel spend 2000-2020; Global outbound travel and tourism expenditure 2019, by country; The most important statistics. 1.2% At the low point in April 2020, global air travel was about 95% below 2019 levels. No global initiative presently exists for the gathering of ecotourism data. It highlights the need for coherent and comprehensive approaches to tourism … 14.4%. In 2020, global revenue for the travel and tourism industry is The COVID-19 pandemic and the restrictions on travel established as a response to it, have a serious impact on Travel and Tourism industry. 100.0%. It’s forecast to grow even faster through 2022 (7.5% yearly), to reach $919 billion. Global sponsorship spending grew 4.6% in 2016 to $60.1 billion, according to IEG, a sponsorship consultancy company (ESP Properties, 2017). 2020. In 2015, it was estimated that medical tourism generated between U.S. $60 and U.S.$70 billion. View PDF ›. Wellness tourism is a $639 billion market in 2017, projected to reach $919 billion by 2022. The estimated size of the global sport industry is $1.7 trillion (Plunkett Research Group). 2 1.5 billion international tourist arrivals were recorded in 2019, globally. So, 2020 is the perfect time to get involved in hospitality that caters to travelers and tourists alike. (McKinsey, 2020) Ground Transportation Statistics The global travel and tourism market has increased at a significant CAGR during the years 2016-2019 and projections are made that the market would decline in the year 2020 … 195.2. Find out the major tourist destinations and other interesting Tourism Statistics of Dubai in 2019. The recent 2019 revision of the UN World Population Prospects (2020-2100) is now integrated: population, population growth, density, rate of natural increase, population by sex and age groups, fertility, life expectancy, age dependency ratios, sex ratio. 100.0%. 1995-2020. In 2020, in spite of the pandemic, Dubai had a whopping 5.51 million visitors from around the world. According to Statista, it’s market size is projected to reach $348,867m in 2020. 527.3. Tourism in the United States is a large industry that serves millions of international and domestic tourists yearly. Foreigners visit the U.S. to see natural wonders, cities, historic landmarks, and entertainment venues. There’s no wonder the Covid pandemic will significantly impact the global tourism industry in 2020 and, seemingly in the years to come. By the end of the first quarter of 2020, the COVID-19 pandemic had brought international travel to an abrupt halt and significantly impacted the tourism industry. OECD Tourism Trends and Policies 2020. An Essential Fact Sheet and Guide on Medical Tourism Statistics. 1. Global concerns for safety and security 3. 59.8%. Spending by Muslim travelers is expected to rise to US$220 billion by 2020, with the number of Muslim tourists growing to 156 million from 121 million in 2016. As per International Travel Association (ITA), the number of international tourists arrivals in the U.S.is expected to grow from 69.8 million in 2013 to 83.8 million by 2018. Due to OVID-19, overtourism—the theme of REST’s 2018 Trends & Statistics report—quite literally disappeared overnight. Tourism Statistics. Global tourism plunges up to 80% in 2020 Internationally, tourism will plunge between 60 – 80% by the end of the year. Maintaining a destination [s economic, social/cultural, natural, and built resources 2. For the first time in modern history, global tourism virtually collapsed. Tourism-related activities also have been negatively affected due to internal processes. Dropping by 65%, international tourist arrivals took a hit in the first half of 2020 as COVID-19 restrictions were enforced around the world. 18.8. The Size of the Market Ceballos-Lascuráin (1993) reports a WTO estimate that nature tourism generates 7% of all international travel expenditure (Lindberg, 1997). Global Medical Tourism Industry : April 2021 $ 5450 Medical Tourism Market Research and Outlook, 2020- Trends, Growth Opportunities and Forecasts to 2028 : February 2021 $ 4880 Medical Tourism Global Market Report 2021: COVID 19 Growth And Change to 2030 : May 2021 $ 5000 Medical Tourism Market Forecast, Trend Analysis & Opportunity Assessment 2020-2030 While global FDI dropped by 35% in the first half of 2020, within the tourism sector the fall in announced foreign investment was 73.2%. An East arolina University study found the top five most important world tourism issues for 2020 will include: 1. 3.0%. Travel and Tourism in Indonesia to 2020. That’s according to the Global Muslim Travel Index (GTMI) 2017, which was produced by Mastercard and CrescentRating, a … License : CC BY-4.0 The National Bureau of Statistics has just released it report. Global Medical Tourism Market to Reach $143. So, 2020 is the perfect time to get involved in hospitality that caters to travelers and tourists alike. The reality is that global tourism will be hard hit throughout 2020 and beyond, even if the spread of the virus is brought under control in the coming months. The aim of this paper is threefold. In 2017 it accounted for 11.8% of GDP and in 2018 sustained 13.5% of employment (or 2.6 million direct jobs). ... Tourism Economics downgraded its 2020 forecast for Chinese departures because of … Global tourism has been one of the most affected sectors during the COVID-19 crisis. Data / research on tourism & hotels inc. The shock in tourism-dependent economies will be far worse. These numbers are usually based on the results of the International Passenger Survey (IPS), but the survey was suspended on 16 March 2020 because of … 7 Billion in the year 2020… recommendations for tourism statistics, The 2020 edition analyses tourism performance and policy trends across 51 OECD countries and partner economies. Coronavirus could cripple global tourism industry for years. Global Tourism industry statistics. The most visited country in the world is France, followed by Spain and the United States. Although tourism takes place in every country in the world, there are some countries that receive more visitors than others. This booklet contains highlights from OECD Tourism Trends and Policies 2020. TRAVEL has been one of the hardest-hit industries amid the coronavirus pandemic. (McKinsey, 2020) Air travel demand is expected to make a recovery by 2024. 338.4. (IATA, 2020) 2/3 of the aircraft fleet across the globe are currently parked. Tourism: 2020 Vision - Global Forecast and Profiles of Market Segments completes the series of reports produced in WTO’s Tourism vision 2020 programme of research and forecasts on tourism trends and impacts. How big is the travel industry? This page provides - Lebanon Tourist Arrivals- actual values, historical data, forecast, chart, statistics, economic calendar and news. Global Forum on Tourism Statistics, Food & Tourism Experience, climate change & tourism, Tourism Satellite Account, int. 2020. The travel industry is unique: it is highly dependent on human labor, generally immune to outsourcing and plays a key role in international trade. France is the most visited country in the world. The COVID-19 pandemic has hit investments in tourism hard. 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