Tourism is one of the sectors most heavily affected by COVID-19. Experts believe that the industry will undergo significant restructuring, with travel abroad giving way to domestic tourism, and trips to places where people dont gather in large numbers becoming more popular. According to Managing Director of the 21st Century Arctic International Union Valery Korovkin, current circumstances offer a chance to develop a new tourist destination. It is an area that has been discussed for a long time, but which little is currently being done to promote. Arctic tourism is a potentially highly profitable business from the perspective of federal and regional budgets, and has long been successfully exploited by other coastal nations.
The International Labour Organization (ILO) has published a sectoral brief about the impact of COVID-19 on the tourism sector. Although the tourism industry has been hit hard by the necessary measures taken to contain the pandemic, the sector may still play a key role in reinvigorating the global economy once the crisis is over.
The study by the Expert RA rating agency predicts that by the end of 2020, the decline in the Russian economy will amount to 3.8% of GDP, next year growth of 3.5% of GDP can be expected.
The coronavirus changes our lives in many ways. But what will happen when the pandemic is over? Will everything go back to how it was before? It is not very likely. Below, we collect 7+1 topics where lasting changes might happen.