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  • Writer's pictureJascha

COVID-19's impact on Tourism

Spain and Italy have been impacted hard by the Coronavirus, which has first been discovered in Wuhan, China. As of today (27.04.2020), Spain accounts for 236.199 and Italy for 197.675 in total positive cases, according to Worldometer. Amongst all countries in Europe, Spain and Italy are surely struck the most by this pandemic. Obviously to say, the tourism industry has been affected heavily, while countries around the world restricting the movement of their citizens and closing their borders. Many hotels and other companies focusing on traveling and tourism currently all struggle and are in need of assistance. Germany, for example, had introduced a program to bring back their citizens who were not able to come back on their own due to the border lockdown all over the world. According to SZ, this program amounted to bringing back over 240.000 tourist who were stranded in many countries. This shows just how many hotels and other travel companies are losing their clients. The situation is getting worse, and no one can predict when it would recover in the near future. The following chart from Statista indicates the part which travel and tourism contributes to the counties' GDPs.

Spain's and Italy's tourism industry make up 14.3 and 13.0% of their total GDP in 2019, showing that these countries will also be economically highly affected by the health crisis. But there is light in the end of the tunnel. According to Euronews, the European Union has agreed on an Aid package of more than half a trillion euros, providing support to countries and business which have been impacted heavily by the Covid-19 crisis. Industries most affected should take measures to cope with this situation.

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