The travel and tourism industry has lost an estimated $1.3 trillion dollars in export revenue from 2020 - more than 11 times the recorded loss during the 2009 global economic crisis.
Half of the world’s worst affected countries are in Europe. Spain has seen its lowest number of annual visitors in 50 years, for France – the world’s most visited country – the travel situation has cost more than $70B
Eduardo Santander is Chief Executive of the European Travel Commission, which promotes Europe as a tourist destination to the rest of the world. He tells Stephen Cole that he’s hopeful that tourism will resume this summer with the help of a vaccine certificate, but warns people should not repeat the mistakes of last summer, when a failure to socially distance led to a spike in infections.
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