tourism & covid-19 impact assessment & measures in the mrs

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Tourism & COVID-19 Impact Assessment & Measures in the MRS 14 September 2020 George Drakopoulos Founder & CEO

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Page 1: Tourism & COVID-19 Impact Assessment & Measures in the MRS

Tourism & COVID-19 Impact Assessment & Measures in the MRS

14 September 2020

George DrakopoulosFounder & CEO

Page 2: Tourism & COVID-19 Impact Assessment & Measures in the MRS

Aim of the project

Methodology

Understanding Tourism Economies

Previous crises & COVID-19

Impact assessment & Measures taken

Preparing the restart

Presentation outline

Page 3: Tourism & COVID-19 Impact Assessment & Measures in the MRS

to access the impact of COVID-19

on the tourism sector

at MRS Member-Countries

Aim of the project

Page 4: Tourism & COVID-19 Impact Assessment & Measures in the MRS

Employment

Infra structure

GDPPrioritysector

Capacities

Understanding tourism economies

Int vs

Domestic

Page 5: Tourism & COVID-19 Impact Assessment & Measures in the MRS

Employment

Infra structure

GDPPrioritysector

Int vs

Domestic

MultipliersCapacities

Understanding tourism economies

Page 6: Tourism & COVID-19 Impact Assessment & Measures in the MRS

MultipliersCapacities

Understanding tourism economies

Page 7: Tourism & COVID-19 Impact Assessment & Measures in the MRS

MultipliersCapacities

Understanding tourism economies

Indicator / Country EE DE SE

T&T % share of GDP (direct) 3,8 3,5 2,4

T&T % share of GDP (total) 11,7 9,1 8,2

Income multiplier 3,1 2,6 3,4

T&T % share of Employment (direct) 4,0 6,8 3,5

T&T % share of Employment (total) 11,3 12,5 9,8

Employment multiplier 2,8 1,8 2,8

Prioritization of T&T (max=7) 5,4 5,0 4,5

Tourist service infrastructure (max =7) 5,4 5,9 4,8

Rank (out 0f 140 on world level) 46 3 22

Page 8: Tourism & COVID-19 Impact Assessment & Measures in the MRS

Understanding tourism economies

Indicator / Country IT CH FR

Int tourist arrivals vs Population 0,97 1,30 0,28

Available capacity (bed places over 1000 inhabitants)

37,2 32,39 10,59

% share of international guests 49 49 30

% share of domestic guests 51 51 70

Page 9: Tourism & COVID-19 Impact Assessment & Measures in the MRS

0,0

5,0

10,0

15,0

20,0

25,0

30,0

35,0

0,0

5,0

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35,0

AL

AT

BA

BG

CH CZ

DE

DK

EE FI

FR

GR

HR

HU IT LT

LV

MD

ME

MK PL

RO RS

SE SI SK UA

T&T % share of GDP

Page 10: Tourism & COVID-19 Impact Assessment & Measures in the MRS

0,0

5,0

10,0

15,0

20,0

25,0

30,0

35,0

0,0

5,0

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30,0

35,0

AL

AT

BA

BG

CH CZ

DE

DK

EE FI

FR

GR

HR

HU IT LT

LV

MD

ME

MK PL

RO RS

SE SI SK UA

T&T % share of GDP

T&T % share of Employment

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0,0

1,0

2,0

3,0

4,0

5,0

6,0

7,0AL

ATBA

BG

CH

CZ

DE

DK

EE

FI

FR

GRHR

HUITLT

LV

MD

ME

MK

PL

RO

RS

SE

SI

SKUA

Prioritization ofT&T

Page 12: Tourism & COVID-19 Impact Assessment & Measures in the MRS

0,0

1,0

2,0

3,0

4,0

5,0

6,0

7,0AL

ATBA

BG

CH

CZ

DE

DK

EE

FI

FR

GRHR

HUITLT

LV

MD

ME

MK

PL

RO

RS

SE

SI

SKUA

Prioritization ofT&T

Tourist serviceinfrastructure

Page 13: Tourism & COVID-19 Impact Assessment & Measures in the MRS

0

20

40

60

80

100

120

LV EE LT DK FI SE DE PL

% share of domesticguests

% share ofinternational guests

Page 14: Tourism & COVID-19 Impact Assessment & Measures in the MRS

Intraregional tourism flows

DE Inbound arrivals (%)

NL 12

CH 9

US 7

UK 7

AT 5

REST 60

DE Outbound departures (%)

AT 13

FR 11

IT 11

ES 11

NL 5

REST 49

Page 15: Tourism & COVID-19 Impact Assessment & Measures in the MRS
Page 16: Tourism & COVID-19 Impact Assessment & Measures in the MRS

Bookings recovery from Sep 11

Page 17: Tourism & COVID-19 Impact Assessment & Measures in the MRS

Δ% Arrivals & Receipts during SARS

Page 18: Tourism & COVID-19 Impact Assessment & Measures in the MRS

Δ% Arrivals, Global Economic Crisis

Page 19: Tourism & COVID-19 Impact Assessment & Measures in the MRS
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Capacity(ASK) & Revenue (RPK)

Page 23: Tourism & COVID-19 Impact Assessment & Measures in the MRS

Depth of impact

Page 24: Tourism & COVID-19 Impact Assessment & Measures in the MRS

Revenue (RPKs)

Page 25: Tourism & COVID-19 Impact Assessment & Measures in the MRS

Flights traffic variation

Page 26: Tourism & COVID-19 Impact Assessment & Measures in the MRS

Number of flights variation

0

1.000

2.000

3.000

4.000

5.000

01-Mar-2020 15-Jun-2020 30-Jun-2020

Fli

gh

ts

EUSALP

AT

CH

DE

FR

IT

SI

Page 27: Tourism & COVID-19 Impact Assessment & Measures in the MRS

COVID-19 “tourist season”

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Page 31: Tourism & COVID-19 Impact Assessment & Measures in the MRS
Page 32: Tourism & COVID-19 Impact Assessment & Measures in the MRS

Total T&T GDP loss projection Europe 2020, US$

Page 33: Tourism & COVID-19 Impact Assessment & Measures in the MRS

Total T&T job loss projections Europe 2020 (mi.)

Page 34: Tourism & COVID-19 Impact Assessment & Measures in the MRS

COVID-19 response measures

Page 35: Tourism & COVID-19 Impact Assessment & Measures in the MRS

Temporary Framework for State aid measures

Coronavirus Response Investment Initiative (CRII)

Temporary Support to mitigate Unemployment Risks in an Emergency (SURE)

European Globalisation Adjustment Fund

Source: DG GROW

35

COVID-19 response measures

Page 36: Tourism & COVID-19 Impact Assessment & Measures in the MRS

Int tourist arrivals 2020

Page 37: Tourism & COVID-19 Impact Assessment & Measures in the MRS

Restarting

Page 38: Tourism & COVID-19 Impact Assessment & Measures in the MRS

Recommendations & measures

▪ Liquidity for businesses

▪ Support for jobs

Health & Travel Intelligence

Rebooting tourism

Page 39: Tourism & COVID-19 Impact Assessment & Measures in the MRS

Survey

Level of readiness - Crisis Mgt - Cooperation

Page 40: Tourism & COVID-19 Impact Assessment & Measures in the MRS

• Travel restrictions

• Travel Intelligence

• Health Intelligence

• Decline in demand

• Job losses

Survey

Page 41: Tourism & COVID-19 Impact Assessment & Measures in the MRS

Recommendations & Measures

EU wide MRS specific

Page 42: Tourism & COVID-19 Impact Assessment & Measures in the MRS

Completed questionnaires

MRS No. of Qs

EUSAIR 8

EUSALP 5

EUSBSR 5

EUSDR 12

Total 30

Page 43: Tourism & COVID-19 Impact Assessment & Measures in the MRS

E-survey responses

32

5

12 2

15

wk 1 wk 2 wk 3 wk 4 wk 5 wk 6 wk 7

16.07.2020 07.09.2020

0

5

10

15

20

25

30

Re

spo

nse

s

MRS

Page 44: Tourism & COVID-19 Impact Assessment & Measures in the MRS

Towards the “new normal”

Page 45: Tourism & COVID-19 Impact Assessment & Measures in the MRS

14 September 2020

www.tourism-generis.com

Tourism & COVID-19 Impact Assessment & Measures in the MRS