Ensuring the tourism sector restarts fully in 2022 in the aftermath of Covid-19 is crucial due to its direct contribution to national economies and individual livelihoods, says a United Nations report.
PwC predicts that 2020 will be a year of ‘slowbalisation’ for the global economy, with trade tensions expected to create challenges for global supply chains.
The tourism sector has evolved into a driver of the economy, with Greece receiving 27.2 million tourists in 2017, who generated a total of 14.2 billion euros, according to INSETE's latest report.
International arrivals at Greece’s main airports grew in December 2017 by 5.3 percent and 8.6 percent since the beginning of the year, according to INSETE.
The global economy is set to grow by 3.5 percent this year and 3.7 percent in 2018 compared to 3 percent last year, according to the OECD’s Interim Economic Outlook.
The Travel & Tourism industry’s contribution to global GDP is forecast to grow this year by 3.7 percent and employment by 2.6 percent, according to the "Global Travel & Tourism Economic Impact Annual Update 2015" released this week by the World Travel & Tourism Council (WTTC).
Despite the global economic crisis the 43rd ITB Berlin travel trade show (11-15 March) saw a positive mood among exhibitors. The fair attracted some 110,000 trade visitors—42 percent from abroad—an increase of four percent from 2008.
