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The impact of the COVID-19 pandemic on the tourism sector in Latin America and the Caribbean, and options for a sustainable and resilient recovery

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Abstract

Since April, tourism in the region has almost come to a temporary standstill as a result of the coronavirus disease (COVID-19) pandemic. This temporary paralysis has not only hit Caribbean economies and employment hard, but also many local communities in Latin America. Tourism accounts for half of services exports in Latin America and the Caribbean and represents significant shares of gross domestic product (GDP) and employment. An impact scenario shows that the slump in tourism may cause total GDP growth in the Caribbean and Latin America to fall by 8 percentage points and 1 percentage point, respectively, while total employment could potentially decline by 7 percentage points in the Caribbean and 1 percentage point in Latin America. As countries have taken measures to mitigate the impact of the crisis on tourism, recommendations are provided to step up the sector’s preparation for the economic recovery, while enhancing diversification as well as environmental and social sustainability.

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  • -, 2020. "The impact of the COVID-19 pandemic on the tourism sector in Latin America and the Caribbean, and options for a sustainable and resilient recovery," Comercio Internacional 46502, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    • Handle: RePEc:ecr:col025:46502
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    File URL: http://repositorio.cepal.org/handle/11362/46502
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    1. Oecd, 2018. "Analysing megatrends to better shape the future of tourism," OECD Tourism Papers 2018/02, OECD Publishing.
    2. Oecd, 2018. "Analysing megatrends to better shape the future of tourism," OECD Tourism Papers 2018/01, OECD Publishing.
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    1. -, 2020. "Building a New Future: Transformative Recovery with Equality and Sustainability. Summary," Documentos de posición del período de sesiones de la Comisión 46226, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    2. Siwarit Pongsakornrungsilp & Pimlapas Pongsakornrungsilp & Vikas Kumar & Bhuritt Maswongssa, 2021. "The Art of Survival: Tourism Businesses in Thailand Recovering from COVID-19 through Brand Management," Sustainability, MDPI, vol. 13(12), pages 1-17, June.
    3. -, 2020. "Building a New Future: Transformative Recovery with Equality and Sustainability. Summary," Libros y Documentos Institucionales, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 46226 edited by Eclac, March.
    4. Sofia Gomes & João M. Lopes, 2023. "Insights for Pro-Sustainable Tourist Behavior: The Role of Sustainable Destination Information and Pro-Sustainable Tourist Habits," Sustainability, MDPI, vol. 15(11), pages 1-17, May.
    5. Batara Surya & Hernita Hernita & Agus Salim & Seri Suriani & Iwan Perwira & Yulia Yulia & Muhlis Ruslan & Kafrawi Yunus, 2022. "Travel-Business Stagnation and SME Business Turbulence in the Tourism Sector in the Era of the COVID-19 Pandemic," Sustainability, MDPI, vol. 14(4), pages 1-37, February.

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