TRAVEL AND TOURISM REVENUES TO REACH $540B IN 2021, ALMOST $200B LESS THAN IN 2019

Photo by  Aleksandar Pasaric  from  Pexels TRAVEL AND TOURISM REVENUES TO REACH $540B IN 2021, ALMOST $200B LESS THAN IN 2019 -  The COVID-19 pandemic has affected every sector globally, but the travel and tourism industry is among the hardest hit. Although hotels and resorts implemented increased safety and sanitation measures and cautiously reopened in the second half of 2020, the second wave of the pandemic brought a new hit to businesses operating in the sector and slowed down the recovery of the entire market. According to data presented…