22. January 2025
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July 2, 2021
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Business & EconomyECONOMIC IMPACT – COVID 19EconomyGlobal BusinessHotelsTravel & Tourism

Global Economy could lose over $4 Trillion due to Covid-19 impact on Tourism

10min0
Tourism News | Economic losses are mounting in developing countries due to the absence of widespread COVID-19 vaccinations. The crash in international tourism due to the coronavirus pandemic could cause a loss of more than $4 trillion to the global GDP for the years 2020 and 2021, according to an UNCTAD report published on 30 […]
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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.

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