Top News International tourism projected to rebound in 3Q2021: UNWTO By TTG Asia / Posted on 28 October, 2020 12:57 Persistent travel restrictions due to the pandemic continue to hit global tourism hard, with international arrivals plunging by 70 per cent in the first eight months of 2020, the UNWTO’s latest data have shown. According to the newest UNWTO World Tourism Barometer, international arrivals plunged 81 per cent in July and 79 per cent in August, traditionally the two busiest months of the year and the peak of the Northern Hemisphere summer season. Rebound in international tourism not until 3Q2021: UNWTO; a largely empty Plaza de España in Seville, Spain this September pictured The drop until August represents 700 million fewer arrivals compared to the same period in 2019 and translates into a loss of US$730 billion in export revenues from international tourism. This is more than eight times the loss experienced on the back of the 2009 global economic and financial crisis. “This unprecedented decline is having dramatic social and economic consequences, and puts millions of jobs and businesses at risk,” warned UNWTO secretary-general Zurab Pololikashvili. “This underlines the urgent need to safely restart tourism, in a timely and coordinated manner”. All world regions recorded large declines in arrivals in the first eight months of the year. Asia and the Pacific, the first region to suffer from the impact of Covid-19, saw a 79 per cent decrease in arrivals, followed by Africa and the Middle East (both -69 per cent), Europe (-68 per cent) and the Americas (-65 per cent). Following its gradual reopening of international borders, Europe recorded comparatively smaller declines in July and August (-72 per cent and -69 per cent, respectively). The recovery was short-lived however, as travel restrictions and advisories were reintroduced amid an increase in contagions. On the other side of the spectrum, Asia and the Pacific recorded the largest declines with -96 per cent in both months, reflecting the closure of borders in China and other major destinations in the region. Demand for travel remains largely subdued due to the ongoing uncertainty about the pandemic and low confidence, UNWTO said. Based on the latest trends, the UN agency expects an overall drop close to 70 per cent for the whole of 2020. Looking ahead, UNWTO’s panel of experts foresee a rebound in international tourism in 2021, mostly in the third quarter of 2021. However, around 20 per cent of experts suggest the rebound could occur only in 2022. Travel restrictions are seen as the main barrier standing in the way of the recovery of international tourism, along with slow virus containment and low consumer confidence. The lack of coordinated response among countries to ensure harmonised protocols and coordinated restrictions, as well as the deteriorating economic environment, were also identified by experts as important obstacles for recovery.