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/ Posted on 2 July, 2021 13:18 The crash in international tourism due to the coronavirus pandemic could cause the global economy to lose more than US$4 trillion for the years 2020 and 2021, according to a recent United Nations Conference on Trade and Development (UNCTAD) report. The estimated loss has been caused by the pandemic’s direct impact on tourism and its ripple effect on other sectors closely linked to it. Advancing vaccination is critical to support tourism’s recovery, says UNWTO; an unusually empty Spanish Steps in Rome, Italy, amid the Covid-19 pandemic pictured The report, jointly presented with the UN World Tourism Organization (UNWTO), said international tourism and its closely linked sectors suffered an estimated loss of US$2.4 trillion in 2020 due to direct and indirect impacts of a steep drop in international tourist arrivals.

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