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'Severe' travel restrictions could cost governments €35 billion, says WTTC

Government
Will Payne
23 November 2021

The World Travel and Tourism Council (WTTC) has reported that EU governments could see up to €35 billion wiped from the travel industry’s contribution to the economy before the end of the year if "severe" travel restrictions are reintroduced.

According to WTTC research, up to 900,000 travel jobs will be at risk across the EU this year if restrictions are reimposed this winter

The organisation believes EU member states have the "power to influence and drive forward" the coordinated recovery effort needed to "preserve" the sector.

According to research by the WTTC, up to 900,000 travel jobs will also be at risk across the EU if restrictions are reimposed this winter.

The WTTC, along with the European Travel Commission (ETC), has stressed that measures aiming at restricting border crossing would "not have any health benefits", but could result in a "huge" economic impact to the region.