Journal of Contemporary Issues in Business and Government

Abstract

The outbreak of the pandemic brought the entire world to a complete stand-still and created
major disruptions in the lives of people globally. It also adversely affected the global economy
resulting in large scale job losses. Out of all the industries that suffered, the travel and tourism
industry was impacted the most owing to the lockdown and travel restrictions. As per a report by
the World Travel and Tourism Council (WTCC), COVID-19 has caused the tourism industry
almost USD 22 billion and a loss of almost 50 million jobs worldwide.