WTTC research reveals Travel & Tourism sector’s contribution to South Korea’s GDP dropped by $33.3 b…

COVID-19 sparks a dramatic 45.5% collapse in the sector’s contribution to GDP
84,000 jobs lost, while many more remain protected by the job retention scheme
However, the return of international travel this year could see GDP contribution rise sharply and jobs return
WTTC recognises the government for its effectiveness in managing the crisis through the implementation of processes, policies, and protocols

London, UK: The World Travel & Tourism Council’s annual Economic Impact Report…