The impact of covid-19 on the tourism industry in Bangladesh.

1. THE IMPACT OF COVID-19 ON
TOURISM INDUSTRY

2. About:
With the NHS struggling, airlines
grounded, and the retail sector
being decimated - many sectors
are struggling with the impact of
COVID-19. However, one of the
main sectors that have been
impacted by the pandemic is the
Tourism Industry.

3. Overview:
The COVID-19 pandemic has a significant impact on the
tourism industry due to the resulting travel restrictions as well
as a slump in demand among travelers.
The United Nations World Tourism Organization estimated that
global international tourist arrivals might decrease by 20-30%
in 2020, leading to a potential loss of US $30-50 billion.
In many of the world’s cities, planned travel went down by
80-90%. Many tourism attractions around the world, such as
museums, amusement parks, and sports avenues, are closed.

5. Travel Restrictions by Country:
➔ China - Tourism in China has been hit hard by travel restrictions
and fear of contagion, including a ban on both domestic and
international tour groups.
➔ India - Foreign arrival in March 2020 fell by 66.4% year-on-year.
➔ Singapore - Foreign arrival in February 2020 fell by 51.2%
year-on-year.
➔ Japan - Foreign arrivals in March 2020 fell by 94% year-on-year.
By mid-April, daily arrivals of foreigners had fallen by 99.9%
year-on-year.

6. Other Interconnected Industries Affected
due to Tourism Industry and COVID-19:
➔ Casino & Gambling Industry - The global
gambling market is expected to decline from
$521.6 billion in 2019 to $495.6 billion in 2020
at a compounded annual growth rate (CAGR)
of -5%.
➔ Cruise Industry - Many operators have
temporarily suspended all voyages, with many
others canceling a number of cruises. The
influence of the cruise industry is far-reaching.

7. ➔ Hotel Industry - Foreign Tourist Arrival (FTA) into
India started softening in February, as the spread of
COVID-19 continued. Occupancy across hotels in
key cities declined rapidly and as per our estimates
has declined by a staggering 45% points compared
to the previous year.
➔ Rental Car Industry - The coronavirus (COVID-19)
pandemic has hit the rental-car industry harder.
Ola in India has decided to let go of 1,400
employees as the pandemic has dealt a severe
blow to its businesses. Its revenue has reduced by
95% in the past 2 months, CEO Bhavish Aggarwal
wrote.

8. ➔ Restaurant Industry - The coronavirus
(COVID-19) pandemic is causing increasing
damage to the global restaurant industry. Due to
measures of social distancing and general caution
in public places, consumers have been dining out
less and less.
➔ Fashion & Luxury (shopping tourism) - Luxury
brands should prepare for a drop in sales of
between $85 and $120 billion by 2020, or about
29.2% of the $350 billion luxury market. The fashion
and luxury category will lose between 450 and 600
billion dollars in sales.

10. Occupancy Level of Luxury Hotels On Covid-19

11. Jobs Risk On Covid-19 In tourism Sector

12. THANK YOU