Economy
World / Countries / MNCs
New York: The impact of the COVID-19 pandemic on tourism could result in a more than $4 trillion loss to the global economy, UN trade and development body UNCTAD said on Wednesday in a report issued jointly with the UN World Tourism Organization (UNWTO). more
Sri Lanka, other nations facing pressure of Chinese tourist debt traps

Colombo: Several countries are currently facing troubles and pressure of Chinese tourist debt traps amid struggle to recover after COVID-19 pandemic lockdown.

Devastated by pandemic, tourism sector must be rebuilt in a safe, equitable and climate friendly way – UN chief

New York: Tourism is much more than visiting cultural landmarks or swimming in tropical beaches; it is “one of the world’s most important economic sectors”, the UN chief ...

World slowly starts travelling again: UN Tourism Organization

New York: After months of lockdowns, countries are cautiously starting to ease travel restrictions put in place to stop the spread of COVID-19, according to research published Monday by t ...

World Tourism comes to a halt as 100% of countries impose travel restrictions

Madrid: COVID-19 has placed the whole world on lockdown, with new research from the World Tourism Organization showing that 100% of global destinations continue to have restrictions on tr ...

International tourism arrivals hit record high in 2017, UN agency reports

New York, The number of people travelling abroad has hit its highest level since 2010, according to data from the Tourism Organization (UNWTO), a specialized agency of the United Nations. ...

Tourism key to foster trade for least developed countries – UN-backed report

New York, July 13(Just Earth News): A United Nations-backed report released on Thursday stressed the need for greater recognition of tourism as a key service export in order to attract techn ...