Travel and tourism revenues to reach only $385b. in 2021, less than half the pre-pandemic levels

In 2020, the revenues of the entire sector plummeted by nearly 60% YoY to $298.5bn, revealed the Statista data. Although this figure is expected to grow by almost 30% to $385.8bn in 2021, that is still $351bn less than before the pandemic struck.

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