Small island nations like the Bahamas that rely heavily on tourism revenue have experienced particular challenges when it comes to their post-pandemic recovery.
The Americas Tourism
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A report published in November last year by the World Travel & Tourism Council (WTTC), in collaboration with the UN Environment Programme and Accenture, has highlighted some of the challenges facing the global tourism industry when it comes to decarbonisation.
Economic update | Video: How is Peru’s tourism agenda bolstering the sector's resurgence?
21 Oct 2021
Explore how Peru is leveraging its tourism sector's development as a growth driver for the rest of the economy. Our new Growth & Recovery video, produced in partnership with the Commission for the Promotion of Peru for Exports and Tourism (Promperu), analyses the emergence of new drivers of growth and investment within Peru’s tourism sector.
Tourism has been hit harder than most industries by the coronavirus pandemic. However, news that an effective vaccine could soon be available has raised hopes that a recovery may come sooner than expected.
Amid global travel restrictions, social-distancing protocols and prohibitions on mass gatherings, the world’s meetings, incentives, conferences and exhibitions (MICE) segment has been forced to adapt to the pandemic, with some events shifting online and others being deferred.
Covid-19 dealt a body blow to the global travel industry, but there are signs that a recovery is slowly under way as policymakers make concerted efforts to meet pent-up demand for leisure tourism. However, business travel will take longer to recuperate, and may struggle to return to pre-pandemic levels.