Tourism

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http://lhg.cput.ac.za//handle/123456789/297

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Browsing Tourism by Subject "COVID-19"

Now showing 1 - 3 of 3
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    A World in motion : Shifting consumer travel trends in 2022 and beyond
    (World Travel & Tourism Council, 2023-01)
    This report is the story of recovery. After the deepest crisis the sector has faced, Travel & Tourism is trending upwards. It has been a delight to witness – and we have greatly admired the agility, determination and vision that many travel providers have shown in getting our sector back on its feet. Not only has tourism recovered at extraordinary speed, but companies are also working hard to transform the sector and win back travellers with new products, technologies and investments in sustainability.
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    Expecting the Unexpected : Tools and Policy Considerations to Support the Recovery and Resilience of the Tourism Sector
    (World Bank, Washington, DC, 2022-06) World Bank
    Tourism has been, and continues to be, one of the most affected sectors by the pandemic, resulting in negative socio-economic consequences for host communities in destinations as well as for underlying endowments that rely on tourists’ expenditure for maintenance and management. Early in 2020 as governments attempted to protect their populations, lockdowns, quarantines,and restrictions on national and international mobility were implemented. This, coupled with the decision of consumers to limit international travel resulted in a sharp contraction for the tourism sector with severe economic consequences, particularly in tourism-dependent low-resource countries. In 2020 international tourist arrivals declined by 74 percent globally and by an average of 85 percent in emerging economies. The situation persisted in 2021 marked by volatility due to emerging variants, with global international arrivals remaining 61 percent below pre-pandemic (2019) levels. In 2021, the economic contribution of tourism improved by US$300m over 2020, however this was still US$1.6 trillion below pre-pandemic values. While travel in 2022 is increasing, and the prognosis for many hotel and tour operators is optimistic for the rest of the year, the effects of the prolonged demand contraction on supply-side enterprises and destinations has been devastating. Analysts continue to expect the sector’s full recovery to take a number of years, an outlook that has been recently dampened by inflation, the Ukraine war and related geopolitical and macroeconomic instability. The aim of this report is to provide insights regarding the types of interventions governments have already implemented and policy considerations for supporting the recovery and resilience of the tourism sector going forward, particularly in light of structural demand and supply-side transformations precipitated or accelerated by COVID-19. The report studies the challenges for recovery faced by governments and the sector from the context of preexisting market and government failures that have been exacerbated by the crisis, as well as those emerging from the pandemic. The report includes several key findings and recommendations.
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    Travel & Tourism Economic Impact 2022 : Global Trends
    (World Travel & Tourism Council, 2022-08)
    While the effect of the COVID-19 pandemic has been felt across the entire Travel & Tourism ecosystem, 2021 saw the beginning of the recovery for the sector. For over 30 years, the World Travel & Tourism Council (WTTC) has been quantifying the economic impact of Travel & Tourism, highlighting the importance of the sector globally. The 2022 annual research which covers 185 countries/economies, and 26 regions of the world, reveals the extent of the recovery in 2021.