May 22, 2024


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WTTC CEO Claims Travel Market Strike ’18 Times’ Tougher by COVID-19 Than 2008 Disaster

The World Vacation and Tourism Council (WTTC) exposed the journey sector was hit 18 occasions more challenging by the COVID-19 pandemic than the economic crisis of 2008.

For the duration of the WTTC’s Yearly World-wide Summit 2021 in Cancun, President and CEO Gloria Guevara stated the travel field used 330 million persons about the planet ahead of the pandemic shut down tourism, which eradicated an estimated 62 million work in the sector.


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“62 million careers ended up lost,” Guevara stated. “The effect of COVID in the journey and tourism sector had an effects 18 occasions stronger than the affect of the world-wide economic crisis that happened in 2008.”

“This is why the event is so important, simply because it is the world wide system for restoration,” Guevara continued.

Quintana Roo Governor Carlos Joaquin Gonzalez also stated the WTTC’s summit is crucial to the recovery of the international tourism industry, as well as serving to reestablish Mexico as a crucial worldwide travel desired destination as COVID-19 vaccines become additional widespread.

“Tourism is at this time experiencing its finest problem in heritage to overcome the adverse problem remaining in its wake by the health unexpected emergency brought on by COVID-19,” Joaquin Gonzalez mentioned. “And this excellent challenge also demands a workforce effort, also unparalleled, that permits us to conquer adversity.”

The WTTC’s Once-a-year Worldwide Summit 2021 is the first world-wide travel marketplace celebration bringing leaders collectively considering the fact that the onset of the COVID-19 pandemic. To make certain the safety of all speakers and visitors, the WTTC applied “strict entire world-class well being and cleanliness protocols” and created coronavirus tests offered during the 3-working day occasion (April 25-27).

The summit, which has a concept of “Uniting the World for Recovery,” introduced collectively non-public and general public sector leaders from the vacation and tourism business at the Moon Palace Vacation resort in Cancun, Mexico, as nicely as hundreds more attending just about.