If your passport is still collecting dust, you’re hardly alone. A full recovery for the tourism industry was never expected in 2021—most estimates peg a return to “normal” by 2024. But the current travel economy varies greatly depending on what region you’re looking at.
The Caribbean, for instance, is “recovering at a faster rate than any other region in the world,” shows an October study from the World Travel & Tourism Council. That’s a relief after years of rebuilding following hurricanes Irma and Maria in 2017. Travel’s contribution to global GDP rose 30% in 2021, on average, from 2020. In the Caribbean, that figure was 47%, a difference of $12 billion for local economies. If that continues, the region could surpass its record-setting 2019 by next year.
The U.S. is also faring better than expected. Models from STR, a hospitality data and analytics company, have bumped the timeline for its travel recovery up a full year, to 2023, even though international tourism resumed only in November.
هذه القصة مأخوذة من طبعة December 20, 2021 من Bloomberg Businessweek.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة December 20, 2021 من Bloomberg Businessweek.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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