A total of 100.8 million jobs dedicated to travel and tourism are forecast to be slashed due to the impact of the coronavirus pandemic, according to data from the World Travel & Tourism Council.
Asia’s travel industry is projected to be hit hardest, with an estimated 63.4 million job losses, the data showed.
The job cuts are expected to shave about $1.04 trillion off the region’s aggregate gross domestic product.
That would account for nearly half of the world’s total GDP loss of $2.69 trillion.
(
khnews@heraldcorp.com)
