Global tourism loses $320bn amid coronavirus pandemic

Tourists take photos of downtown Pittsburgh Pennsylvania, on July 25, 2020, amid the Coronavirus outbreak. (Photo by Daniel SLIM / AFP) (Photo by DANIEL SLIM/AFP via Getty Images)

The global tourism industry has been devastated by the coronavirus pandemic, with $320bn lost in exports in the first five months of the year and more than 120 million jobs at risk, the United Nations chief has said.

In a policy briefing and video address on Tuesday, Secretary-General Antonio Guterres said international tourist arrivals decreased by more than half because of the global health crisis, which has crippled the world’s economies.

London Tourism Hit Hard Amid Coronavirus Pandemic
Industry devastated by coronavirus, with tourist arrivals halved and more than 120 million jobs at risk, according to UN [Hollie Adams/Getty]

Tourism is the third-largest export sector of the global economy, behind fuels and chemicals, and it employs one in every 10 people worldwide, Guterres said. In 2019, it accounted for 7 percent of global trade.

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