WTTC praises US stimulus package

LONDON, 17 March 2021: WTTC President & CEO, Gloria Guevara welcomed news of what she called an incredible stimulus bundle handed to the travel and tourism enterprises throughout the US that promises a a great deal-needed strengthen though the Covid-19 pandemic carries on to ravage the sector.

The USD14 billion allocated to airlines will come as a
monumental aid, adhering to just about a yr devoid of common international
journey, which has still left numerous on the brink of collapse, she said.

“Our latest financial modelling confirmed the devasting affect
of the COVID-19 pandemic on the US Vacation & Tourism sector, with 9.2
million jobs impacted and USD155 billion missing from the US economic climate because of to the
collapse of worldwide travel previous calendar year. This catastrophic reduction to the
financial system equates to a shortfall of USD425 million just about every day, or almost USD3
billion a week.”

The WTTC statement thanked President Biden and Vice
President Harris for recognising the great importance of our sector.

“These daring methods are required to reinvigorate the journey
sector and will deliver a sizeable raise to the US economic climate as the country
begins to turn the tide versus this horrible virus.”

WTTC emphasised that the productive restarting of
global travel relied on the introduction of a complete screening
regime on departure and arrival.

“Testing for non-vaccinated travellers, alongside with
necessary mask-wearing and increased health and cleanliness protocols, would make it possible for
the safe and sound resumption on intercontinental vacation. It would keep away from the possibility of
transmission, help save employment and assist plug the gaping gap in stricken US economies,”
WTTC concluded.