Tag: tourism

Chart of the Week February 24, 2023: China’s Tourism Rebound

.Reading time 2 minutes.

Summary: China’s tourism industry has been hit hard in the past three years due to its zero-tolerance approach to Covid-19. According to the Ministry of Culture and Tourism, the nation’s tourism industry generated total revenue of RMB 6.63 trillion in 2019. The tourism revenue declined to RMB 2.23 trillion, RMB 2.92 trillion and RMB 2.04 […]

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Chart of the Week October 20, 2021: The pandemic in hindsight: Bali’s impetus for economic diversification

.Reading time 2 minutes.
Chart of the Week October 20, 2021: The pandemic in hindsight: Bali’s impetus for economic diversification

Summary: The global travel disruption had cascading effects on tourism and the supporting sectors in Bali. This week’s chart portrays Bali’s vulnerability to the worldwide border closure amid COVID-19 and underlines potential areas for diversification. Bali’s economy contracted by 9.3% in 2020, one of the worst-hit provinces in Indonesia. The loss of tourism revenue scraped […]

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Chart of the Week October 8, 2021: Singapore: Employment effects of Covid-19 Pandemic in Tourism

.Reading time 1 minute.

Note: The reported values are annual figures. 2021 data refers to as of 2021Q2. Summary: As an international tourist destination and connection hub, millions of tourists visit Singapore annually. However, the recent border closure in response to the COVID-19 pandemic has affected the tourism sector’s revenue and employment, with spillover effects on other industries. Using […]

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