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The tourism industry will recover from the pandemic in 2023. How many employees in this sector have lost their jobs

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According to a report published at a conference in Manila in the period 2022-2032, the tourism and travel industry is expected to record an average annual growth of 5.8%, compared to an advance of 2.7% for world GDP , and will create 126 million new jobs.

In 2019, tourism accounted for a tenth of the world’s GDP and jobs, but the coronavirus pandemic decimated the industry by $ 9.6 trillion, halving production and leaving 62 million people without work. a job, informs Agerpres.

“The return will be so spectacular that the sector will recover very strongly. That, of course, depends on China’s reopening, “said WTTC President Julia Simpson, who called on all governments to reopen borders.

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The GDP generated by the tourism and travel industry is expected to reach $ 8.35 trillion this year and $ 9.6 trillion in 2023, virtually back to pre-pandemic levels. Tourism jobs are also expected to return to 300 million this year and 324 million in 2023, close to the 333 million jobs recorded in 2019, WTTC reported.

In the Asia-Pacific region alone, the GDP of the hospitality industry could reach $ 3.4 trillion in 2023, surpassing the $ 3.3 trillion level set in 2019.

Compared to North America and Europe, travel has lagged behind Asia-Pacific due to border restrictions in many countries in the region. In Southeast Asia, passengers now return on board planes as entry into the region and quarantine rules are lifted. But a full recovery will be slow, WTTC members say.

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