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Tourism: Today vs. Tomorrow
Manage episode 266339770 series 2639607
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COVID-19 has affected just about every industry, including the tourism sector. For instance, in China, hotel occupancy showed a 71% year-over-year decline from January 23-26. In the U.S., there is predicted to be a drop in travel spending of 355 billion U.S. dollars in 2020, a decrease of 31%.
Recovery is going to take considerable time, but thanks to Yang Yang, an associate professor in the School of Sport, Tourism and Hospitality Management at Temple University and assistant director of the U.S.-Asia Center for Tourism and Hospitality Research, we now have a better idea of what that could look like. Yang has created the Covid19Tourism Index, which draws from multiple sources to oversee the recovery process of the national tourism industry in more than 100 countries. He has also conducted research that shows how a voucher model could be beneficial in helping to restart tourism across the globe.
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