Coronavirus puts up to 50 million Travel and Tourism jobs at risk says WTTC
The World Travel & Tourism Council says up to 50 million jobs in the Travel & Tourism sector are at risk due to the global COVID-19 pandemic. Gloria Guevara, WTTC President & CEO, said: "WTTC figures show the stark impact on the Travel & Tourism sector of the present COVID-19 outbreak with analysis now suggesting that up to 50 million jobs are at risk in the sector globally".
Latest figures from WTTC, which represents the global Travel & Tourism private sector, show that global travel could be adversely impacted by up to 25 per cent in 2020. This is the equivalent to a loss of three months of global travel. This could lead to a corresponding reduction in jobs of between 12 and 14 per cent.
"The COVID-19 outbreak clearly presents a significant threat to the industry as a whole, to those employed within it, and those wishing to continue travelling.
"Travel & Tourism has the strength to overcome this challenge and will emerge stronger and more robust by taking all necessary measures to tackle COVID-19 and the understandable concern which surrounds it."
Following extensive consultation with other Travel & Tourism organisations, WTTC is also calling for a series of measures to be taken, to enable the swift recovery of the sector once COVID-19 is under control.
WTTC will offer its support to all governments, particularly those which are implementing strong policies for a prompt recovery such as:
- Improve travel facilitation - remove or simplify visas wherever possible, reduce the cost and improve processing times where practical, accept other visas when appropriate and introduce more efficient technologies for seamless and secure travel
- Remove barriers - ensure that unnecessary barriers are removed or relaxed to alleviate pressure at ports and airports, including temporarily lifting of the 80-20 slot policy rule, ports assignments and implement flexible working visa for the industry in some countries with existing limitations, especially in hospitality and tour operation.
- Ease fiscal policies - reduce and remove travellers' taxes which increases the cost of travel, e.g. Air Passenger Duty and similar airport, port and hospitality taxes around the world
- Introduce incentives - introduce relief and incentives to support business continuity for companies which have been most negatively impacted by the virus. SMEs in particular will take longer to recover.
- Support destinations - increase budgets and assign resources for promotion, marketing and product development purposes in destinations when they are ready to welcome visitors again
At this time, WTTC reinforces the importance of strong public-private partnerships and greater international cooperation in order to respond and overcome the challenges faced by the sector during the management and recovery from COVID-19. The Travel & Tourism sector has a proven track record of resilience in the face of crises and this ability to bounce back has improved significantly in recent years.
WTTC is the body which represents the Travel & Tourism private sector globally. Members consist of CEOs of the world's Travel & Tourism companies, destinations, and industry organisations engaging with Travel & Tourism.
WTTC has a history of 25 years of research to quantify the economic impact of the sector in 185 countries. Travel & Tourism is a key driver for investment and economic growth globally. The sector contributes US$8.8 trillion or 10.4% of global GDP, and accounts for 319 million jobs or one in ten of all jobs on the planet.
For over 25 years, WTTC has been the voice of this industry globally. Members are the Chairs, Presidents and Chief Executives of the world's leading, private sector Travel & Tourism businesses, who bring specialist knowledge to guide government policy and decision-making and raise awareness of the importance of the sector.