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Travel 2040 - Climate Emergency to Force a Revolution in the Industry

Travel 2040 - Climate Emergency to Force a Revolution in the Industry

As a result of Coronavirus (COVID-19), almost 60% of consumers said that they will reduce their international travel in the short to mid-term

The travel and tourism industry has been the most impacted by the COVID-19 pandemic. As a result, 100% of destinations around the world implemented travel bans or restrictions to prevent disease spread in 2020, according to the United Nations World Tourism Organisation. In Euromonitor International’s worst-case COVID-19 scenario, C19 Pessimistic 3, global tourism demand could plummet by as much as 80% in 2020, with potential recovery to pre-crisis, within four years.

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By Caroline Bremner - Head of Travel Research

The article is property of Euromonitor International, a market research provider, and can be read in full at: https://go.euromonitor.com/white-paper-travel-2020-travel2040.html?utm_campaign=SC_20_06_23_Travel_2040&utm_medium=Email&utm_source=1_Outbound

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EUROMONITOR INTERNATIONAL