Oxford Economics paints a bleak future for tourism

  • | KBC Video
    British research firm, Oxford Economics projects the global travel demand to drop 57 percent in 2020, dented by tighter border controls and quarantine measures imposed in an effort to stem the COVID-19. The firm says demand for overseas tourism is unlikely to return to the 2019 level until in 2024, reflecting the economic effects of the pandemic and lingering negative sentiment toward international travel, including the impact on both leisure and business travel. Here are the details of this and other stories in our international business round up. Connect with KBC Online; Subscribe to our channel: https://t.ly/86BKN Follow us on Twitter: https://twitter.com/KBCChannel1 Find us on Facebook: https://www.facebook.com/kbcchannel1news Check our website: https://www.kbc.co.ke/ #KBCchannel1 #KBCNewsHour #KBClive