Rebuilding Tourism Competitiveness : Tourism Response, Recovery and Resilience to the COVID-19 Crisis
The travel and tourism industry was one of the first sectors to be affected by COVID-19. Since March, the entire value chain that defines the industry — spanning airlines, bus and train companies, cruise lines, hotels, restaurants, attractions, tra...
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World Bank, Washington, DC
2020
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Online Access: | http://documents.worldbank.org/curated/en/739101597266369210/Rebuilding-Tourism-Competitiveness-Tourism-response-recovery-and-resilience-to-the-COVID-19-crisis http://hdl.handle.net/10986/34348 |
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okr-10986-343482021-09-21T12:58:29Z Rebuilding Tourism Competitiveness : Tourism Response, Recovery and Resilience to the COVID-19 Crisis World Bank TOURISM TRAVEL RESTRICTIONS SMALL ISLAND COUNTRIES SMALL AND MEDIUM-SIZED ENTERPRISES CORONAVIRUS COVID-19 PANDEMIC RESPONSE The travel and tourism industry was one of the first sectors to be affected by COVID-19. Since March, the entire value chain that defines the industry — spanning airlines, bus and train companies, cruise lines, hotels, restaurants, attractions, travel agencies, tour operators,online travel entities, and others — has entered a state of suspended animation. While bankruptcies of major airlines and large tour operators have been widely reported, the effectsof the crisis are perhaps being most acutely felt by the Small and Medium-sized Enterprises(SMEs) that make up around 80 percent of licensed tourism and tourism-related businesses, and are at the greatest risk of failure. Their potential collapse threatens to adversely affect millions of people across the world, including many vulnerable communities, who depend on tourism for their livelihoods. According to the World Travel and Tourism Council, as many as 100 million jobs supported by travel and tourism are currently at risk. 2020-08-13T13:24:52Z 2020-08-13T13:24:52Z 2020-07 Policy Note http://documents.worldbank.org/curated/en/739101597266369210/Rebuilding-Tourism-Competitiveness-Tourism-response-recovery-and-resilience-to-the-COVID-19-crisis http://hdl.handle.net/10986/34348 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Policy Note |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
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TOURISM TRAVEL RESTRICTIONS SMALL ISLAND COUNTRIES SMALL AND MEDIUM-SIZED ENTERPRISES CORONAVIRUS COVID-19 PANDEMIC RESPONSE |
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TOURISM TRAVEL RESTRICTIONS SMALL ISLAND COUNTRIES SMALL AND MEDIUM-SIZED ENTERPRISES CORONAVIRUS COVID-19 PANDEMIC RESPONSE World Bank Rebuilding Tourism Competitiveness : Tourism Response, Recovery and Resilience to the COVID-19 Crisis |
description |
The travel and tourism industry was one
of the first sectors to be affected by COVID-19. Since
March, the entire value chain that defines the industry —
spanning airlines, bus and train companies, cruise lines,
hotels, restaurants, attractions, travel agencies, tour
operators,online travel entities, and others — has entered a
state of suspended animation. While bankruptcies of major
airlines and large tour operators have been widely reported,
the effectsof the crisis are perhaps being most acutely felt
by the Small and Medium-sized Enterprises(SMEs) that make up
around 80 percent of licensed tourism and tourism-related
businesses, and are at the greatest risk of failure. Their
potential collapse threatens to adversely affect millions of
people across the world, including many vulnerable
communities, who depend on tourism for their livelihoods.
According to the World Travel and Tourism Council, as many
as 100 million jobs supported by travel and tourism are
currently at risk. |
format |
Policy Note |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
Rebuilding Tourism Competitiveness : Tourism Response, Recovery and Resilience to the COVID-19 Crisis |
title_short |
Rebuilding Tourism Competitiveness : Tourism Response, Recovery and Resilience to the COVID-19 Crisis |
title_full |
Rebuilding Tourism Competitiveness : Tourism Response, Recovery and Resilience to the COVID-19 Crisis |
title_fullStr |
Rebuilding Tourism Competitiveness : Tourism Response, Recovery and Resilience to the COVID-19 Crisis |
title_full_unstemmed |
Rebuilding Tourism Competitiveness : Tourism Response, Recovery and Resilience to the COVID-19 Crisis |
title_sort |
rebuilding tourism competitiveness : tourism response, recovery and resilience to the covid-19 crisis |
publisher |
World Bank, Washington, DC |
publishDate |
2020 |
url |
http://documents.worldbank.org/curated/en/739101597266369210/Rebuilding-Tourism-Competitiveness-Tourism-response-recovery-and-resilience-to-the-COVID-19-crisis http://hdl.handle.net/10986/34348 |
_version_ |
1764480710508281856 |