Abstract:
e COVID-19 pandemic has had a profound impact on the global tourism sector. Governments across the world had to implement necessary measures to contain the spread of the coronavirus such that the capacity of the health system is not overwhelmed by the rate of transmission. A direct impact of this was a restriction of movement globally that had an adverse impact of the global capacity utilization of the tourism sector. Different regions of the world as a result of the impact of the coronavirus experienced a
fundamental disruptions in the generation of value in the sector, employment, domestic and international movements, sectoral linkages, cost servicing ability, ability to generate foreign reserves amongst other variables in the global tourism value chain.
Description:
This document is the product of a collaborative, broad-based and high-intensity effort over April and May 2020 by key tourism stakeholders from both government and the private sector. The approach taken was modular and iterative, allowing for near-continuous development and review throughout the period.
