The Report Predicts A 57 Percent Drop in Global Demand For Foreign Travel

Tourism has been hit hard by the coVID-19 outbreak, with global travel demand expected to fall by 57 percent this year, according to a UK study.

According to a report by Oxford Economics Consulting Co., Kyodo News reported Wednesday, countries have strengthened border control and quarantine measures in the wake of the epidemic, and people have reduced travel and business trips, especially overseas travel, which will be difficult to recover in the next few years.

The report predicts that demand for foreign travel is not expected to return to pre-epidemic levels until 2024 at the earliest. Domestic travel demand is recovering slightly faster and is expected to return to pre-epidemic levels by 2022.

Of the regions, North America has been hardest hit as a tourist destination, with visitor arrivals expected to fall by 70 per cent this year.

Urban tourism has been hit harder than rural tourism. The top 10 global cities hit hardest by tourism are all in the US, including New York, the report predicts.

The International Air Transport Association said last month that it expects global passenger traffic to return to pre-epidemic levels by 2024 at the earliest.

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