Tourism Industry Severely Impacted by Covid-19 Resulting in a 17.7% Decline compared to PY
Tourism Industry, severely impacted by the COVID-19 outbreak recorded a decline of 17.7% in February 2020 in comparison to same period last year. The decline was mainly fueled by the decline in tourists from China. The tourism earnings outlook remains bleak for the rest of the year amidst the ongoing impact of the COVID-19 crisis.
Source: Daily FT