BEIJING'S TOURISM REVENUE DROPPED BY 53% IN 2020 - LOSS OF OVER ¥330B

BEIJING'S TOURISM REVENUE DROPPED BY 53% IN 2020 - LOSS OF OVER ¥330B -The tourism industry was badly hit by the COVID-19 pandemic and the city of Beijing saw the momentum of the industry halted in 2020. Beijing had become an increasingly popular tourist destination prior to the pandemic with revenue from inbound tourism recorded at $5.16B in 2019. According to data presented by  TradingPlatforms.com , Beijing’s total revenue from tourism decreased by over 53% in 2020 for a staggering loss of ¥330B or $50B. Beijing Revenue From Tourism Dr…