Globally,
the travel and tourism industry provides a source of livelihood to millions,
both directly and indirectly, supporting and enabling for the achievement of
various Sustainable Development Goals (SDGs). The industry is one of the
largest economic sectors, with an estimated revenue generation of $8.8 trillion
annually, according to the World Economic Forum (WEF). It is, therefore, quite
vital for various economies to ensure there are sustainable crisis mitigation
strategies in the wake of pandemics as it is currently the case. These
strategies should seek to preserve the current benefit of the industry, such as
the 320 million jobs generated globally.
The
coronavirus poses the biggest challenge to the travel and tourism industry
since World War II, and this could see the industry take its biggest financial
hit since the 1939-1945 war period. The medical crisis poses a challenge to
both developed and developing economies. Currently, the impact of the
coronavirus is being felt, with most airlines grounding their fleets to help
curb the spread of the virus. This has been initiated by some destinations
locking down their borders as a precautionary action, a case in point being
Italy, which has been hit devastatingly with the crisis. According to the head
of the World Travel and Tourism Council (WTTC), the virus could cost 50 million
jobs worldwide, and Kenya is not immune to these ugly statistics.