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November 23 2024 / 01:11 AM
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World Travel and Tourism Council
Worst forecast can be avoided through global cooperation

November 11 - A staggering 9.2 million jobs could be lost in the U.S. Travel & Tourism sector in 2020 if barriers to global travel remain in place, the World Travel & Tourism Council (WTTC) revealed.

 

The new figure comes from WTTC’s latest economic modelling, which looks at the punishing impact of COVID-19 and travel restrictions on the Travel & Tourism sector.

 

According to the latest data, 7.2 million jobs in the U.S. have been impacted. If there is no immediate alleviation of restrictions on international travel, as many as 9.2 million jobs – more than half of all jobs supported by the sector in the U.S. in 2019 – would be lost.

 

WTTC has identified the four top priorities which should be addressed, including the adoption of a comprehensive and cost-effective testing regime at departure to avoid transmission, the re-opening of key ‘air corridors’ such as between New York and London, and international coordination.

 

The challenge of restoring safe travels in the new normal is one of the biggest issues facing the U.S. as it grapples with a depressed economy devastated by the COVID-19 pandemic, which has hit the Travel & Tourism sector particularly hard.

 

The WTTC Economic Impact Report for 2019 revealed that Travel & Tourism contributed $1.84 trillion to the U.S. economy and was responsible for more than one in 10 (10.7%) American jobs.

 

The resumption of international travel will act as a catalyst to re-energise the global economic recovery.

 

According to WTTC, the four main priorities for the new U.S. administration should be:

• The re-opening of ‘air corridors’ on vital routes, especially those across the Atlantic to re-establish crucial business travel between major economic hubs • The introduction of a testing regime at airports, with globally recognized standards to avoid exporting and importing the virus • A commitment to ensure safe and seamless travel, with enhanced health and hygiene measures as well as contactless touchpoints • Ensure international coordination to adopt standards that will allow international travel to restart and rebuild consumer confidence

 

During 2019, the report detailed how Travel & Tourism was responsible for one in 10 jobs (330 million in total), making a 10.3% contribution to global GDP and generating one in four of all new jobs. For more information, please visit wttc.org

 

 


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