Global Tourism Lost $320 Billion In 5 Months

August 25, 2020 4:16 am

UNITED NATIONS (AP) – The United Nations chief says the global tourism industry has been devastated by the coronavirus pandemic, with $320 billion lost in exports in the first five months of the year and more than 120 million jobs at risk. Secretary-General Antonio Guterres said international tourist arrivals also decreased by more than half. He said in a report Tuesday that tourism is the third largest export sector of the global economy, behind fuels and chemicals, and in 2019 it accounted for 7% of global trade. He said: “It employs one in every 10 people on Earth and provides livelihoods to hundreds of millions more.”