World Travel & Tourism Council (WTTC) in its reports state that more than 100 million jobs could return to the global travel and tourism sector during 2021, as the world recovers from the crippling COVID-19 pandemic.
A strong summer of travel is expected as the sector begins its road to recovery from late March onwards, with many major travel companies reporting a significant rise in forward bookings. The sector’s revival is backed by WTTC’s latest economic forecast, which gives further hope for the year ahead to businesses and millions of people employed in the sector worldwide.
Last year, during the peak of the pandemic, World Travel & Tourism Council warned 174 million global Travel & Tourism jobs were at risk. However, in its latest analysis, WTTC’s most optimistic scenario predicts as many as 111 million jobs could be revived, but this would still be 17% below 2019 figures, accounting for 54 million fewer jobs.
However, the forecast’s more conservative outcome would still see a return of 84 million jobs, but this would be 25% below 2019 levels, with 82 million fewer jobs recovered.
Under this scenario, the recovery of international travel is pushed to the second half of 2021. Vaccines would be rolled out more gradually, slowing down the removal of worldwide travel barriers and restrictions currently in place, while depressing demand to travel and reducing consumer confidence.
WTTC first predicted the return of the sector through its 100 Million Jobs Recovery Plan, presented at last October’s historic G20 Tourism Ministers meeting, which was attended, for the first time, by 45 WTTC Member CEOs.
Kerala’s Alappuzha to launch India’s first Labour Movement museum
Taj Mahal witness few attendances of tourists due to corona
Vogue to publish featuring new Kamala Harris cover after controversy