The Council specified that last year the contribution of the travel and tourism sector to Latin America’s GDP represented 6.1% (213.4 billion dollars), which meant a year-on-year growth of 26.5%.
In 2019, the travel and tourism sector in Latin America contributed 288.1 billion dollars to GDP, which represented 8.2% of the region’s economy, but in 2020, due to the coronavirus pandemic, its contribution fell by 41.4%.
With the reopening of 2021, the level of employment in the sector in the region increased by 8% compared to 2020, with 14.25 million new jobs, which represented almost 7% of all jobs in America Latina, only 1.1% below what was registered in 2019.
Globally, the EIR indicates that the contribution of the global travel and tourism sector to the economy during 2021 reached 5,812 million dollars, that is, a growth of more than 21.7% compared to the previous year and constituted the 6, 1% of the global economy.
The president and CEO of the WTTC, Julia Simpson, said in this regard that “with the global health crisis, the travel and tourism sector in Latin America has been seriously affected; however, as the global economy begins to recover from the effects devastating effects of the pandemic, the jobs generated by the tourism sector are beginning to increase.
In this sense, the Council “continues to promote coordinated work between companies and authorities, as well as urging governments to remove restrictions and allow international travel, using digital solutions that make it easier for tourists to travel quickly, simply and safe,” the WTTC said in a statement.
Source: Ambito
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