Traveling has been one of the favorite hobbies of people from all around the world. Numerous tourist spots in the entire globe host people from every part of the world on a daily basis. However, travel hiatus due to this pandemic has resulted in a rapid decrease in the tourism rate. The tourism industry is likely to support around 330 million jobs in the world.The economy of several countries is lifted because of the extremely high tourism rate. You can have a look at the countries that depend on tourism in the given infographic. Due to the covid-19 restrictions, 479,000 jobs associated with the travel industry are adversely affected in New Zealand. The pandemic negatively impacts economies and the employment of so many companies. People who had made vacation plans this year are sadly quarantined in their homes while peak travel season is just around the corner. Furthermore, the travel industries of tourist countries are seeing a massive loss coming their way this year.
If the travel ban is not lifted until August-September, tourism reliant countries will have to face the loss of billions of dollars. The country with the highest tourism rate was the United States, which contributes an enormous amount to its economy, i.e., about $1.8 trillion. Unfortunately, the U.S. is currently having the highest number of Coronavirus cases in the whole world. It is though unsure whether the country would be open for the tourists anytime soon or not.
Countries like China and South Korea that have won against this deadly disease have slightly lifted the travel restrictions. Some other countries such as Estonia, Lithuania, Australia, and New Zealand are also gradually easing the travel bans, but some terms and conditions apply.
At this point, we cannot clearly figure out how long it will take for the world to recover from this pandemic. Also, will everything be the same as it used to be once it's all over?
Infographic by: Visualcapitalist.com