10% of people on the planet are employed in the tourism industry. The pandemic is ravaging this market, cutting off the primary source of income for all the people in the sector.
The coronavirus pandemic has landed a strong blow on the tourism industry. According to UN data, some 120 million people in the world risk losing their job in the sector.
Over the course of the first five months of this year international tourist flow decreased by more than a half, and the income loss has been estimated at around 320 billion dollars.
This data comes from the UN and its policy brief titled “COVID-19 and Transforming Tourism”. It’s obvious that the tourism and hospitality industries have been hard hit by the pandemic. We believe that the industry will survive it just the way it has survived other crises. Our goal today is to help hoteliers minimize losses and identify the strengths and weaknesses of their business.
The ModiHost system has become more relevant than ever! Learn more about our platform and new tools that will help you save your business.
