Global travel and tourism jobs are expected to grow only 0.7% this year, with industry hampered by movement restrictions and uneven access to Covid-19 vaccines, World Travel said and Tourism Council.
Governments could save nearly 19 million jobs by the end of 2021 if they continue to ease travel restrictions and allow travelers to show digital proof of vaccination and testing, the council said in a report.
He said they should also recognize all vaccines approved by the World Health Organization and standardize safety regulations for international travel.
“If governments can start looking internationally and supporting travel and tourism with simplified rules to allow safe return of travel, there is an opportunity to save jobs and boost economic wealth.” , said Julia Simpson, President and CEO of the WTTC.
The Covid-19 pandemic virtually crippled the travel and tourism industry in 2020, with border closures, ground planes and massive job losses.
Last year, the economic downturn triggered by the pandemic cut 62 million travel and tourism jobs globally and the number of jobs will only increase by 0.7% this year unless governments do take more decisive action, the WTTC said.
“While next year looks to be more positive in terms of the global economy and jobs, the current rate of recovery is simply not fast enough and is mainly driven by domestic travel, which will not allow a full economic recovery, âMs. Simpson said. noted.
Jobs in travel and tourism could reach pre-2019 pandemic levels by next year if governments introduce the right measures, the WTTC said.
Jobs could exceed 2019 levels, up 20.1% year on year, to more than 349 million as the sector’s contribution to the global economy increases in 2022, according to WTTC data.
This year, the sector’s contribution to global gross domestic product will increase by less than a third due to the continued slow recovery.
A rebound in travel and tourism has been hampered by lack of international coordination, travel restrictions and slower vaccination rates in some parts of the world, the WTTC said.
He said that in 2019, the sector contributed nearly $ 9.2 trillion to the global economy. But in 2020, the slowdown resulted in a 49.1% year-over-year drop in the sector’s contribution to global GDP.
While the global economy is expected to receive a modest 30.7% year-over-year increase in travel and tourism in 2021, this will only amount to $ 1.4 billion and is mostly driven by domestic spending. .
At the current pace of recovery, the sector’s contribution to the global economy could lead to an equally moderate year-over-year increase of 31.7% in 2022, according to WTTC data.
Updated: October 6, 2021, 10:20 PM