Business

World tourism won’t return to pre-pandemic levels until 2024: UN

It expects highly contagious Omicron variant to disrupt recovery in early 2022

Updated 4 years ago · Published on 19 Jan 2022 1:00PM

World tourism won’t return to pre-pandemic levels until 2024: UN
The economic contribution of tourism in 2021 is estimated at US$1.9 trillion, above the US$1.6 trillion in 2020, but still well below the pre-pandemic value of US$3.5 trillion, says the World Tourism Organization. – File pic, January 19, 2022

MADRID – Tourism arrivals around the world are not expected to return to their pre-pandemic levels until 2024 at the earliest, the World Tourism Organization (UNWTO) said yesterday.

The highly contagious Omicron variant, though mild, will “disrupt the recovery” in early 2022 after last year saw 4% growth over 2020, according to the Madrid-based United Nations agency’s World Tourism Barometer.

Tourism revenue in 2020 was 72% down on the previous year – which closed with the onset of the Covid-19 pandemic.

“The pace of recovery remains slow and uneven across world regions due to varying degrees of mobility restrictions, vaccination rates and traveller confidence,” UNWTO said in a press release.

In Europe and the Americas, foreign visitor arrivals surged by 19% and 17%, respectively, last year over 2020.

In the Middle East, however, arrivals declined by 24% in 2021, while in the Asia-Pacific region they were 65% below 2020 levels, and 94% down on pre-pandemic levels.

The statement said tourism professionals “see better prospects” for this year after turbulence in the early months because of the Omicron wave.

The agency predicts a 30% to 78% rise in international arrivals this year over 2021, while remaining far below 2019 levels.

Most experts say they do not foresee a return to pre-pandemic levels until at least 2024, it said.

Many countries are highly dependent on tourism and are eagerly awaiting a return to normal.

“The economic contribution of tourism in 2021 (measured in tourism direct gross domestic product) is estimated at US$1.9 trillion (RM7.96 trillion), above the US$1.6 trillion in 2020, but still well below the pre-pandemic value of US$3.5 trillion,” the statement noted. – AFP, January 19, 2022

Related News

Off beat / 1d

Greater emphasis must be placed on tourism value, says Penang CM

Opinion / 1d

Massive attacks in the Thai Deep South aimed at destroying the economy

Malaysia / 4d

Malaysia records 6% GDP growth in Q2 despite global headwinds, says Sim

Malaysia / 1w

Six per cent growth proves Malaysia's economy remains resilient - PM

Opinion / 1w

LHDN’s uneven hand: Tough on MSMEs, soft on the shadows

Our Planet / 2w

New tourism concepts from Thailand to mark new border crossing

Spotlight

Malaysia

Tuanku Muhriz urges Malaysians to uphold Rukun Negara, strengthen unity

Malaysia

PM to bring Felda forensic audit proposal to Cabinet

Malaysia

Malaysia tightens Thailand border security after wave of southern attacks

Malaysia

Mohd Amar’s three-year remark puts PAS’ Kelantan record under spotlight

Malaysia

KPF’s Al-Rawda exposure raises fresh questions over RM119.38 million

By Alfian Z.M. Tahir

Trump’s North Korea gamble deepens Asia’s doubts over US alliances

Malaysia

Rayer denies involvement in 'Maha Kali Red Rally', claims name and photo misused

Business

Nation’s economic outlook strengthens as leading index signals continued growth

You may be interested

Business

Matrix Concepts records RM416.7m in 1Q27 sales as geographic diversification gains traction

Business

Oil prices hold near US$85 as US-Iran tensions keep hormuz risks in focus

Business

K8 cargo: Businessman seeks clarification from MOF, Customs, Petronas

Business

Oil prices pull back after rally as markets brace for tougher Iran sanctions

Business

Nation’s economic outlook strengthens as leading index signals continued growth