Abstract

Relevance and novelty. Tourism is defined as “the activities of persons traveling to an unusual environment for a maximum of one consecutive year for leisure, business or other purposes unrelated to remunerated activities” (EBRO (OECD), 2014). Since the last economic crisis in 2008, tourism has only flourished, but everything has come to a halt with COVID-19. The total economic loss to consumer markets due to the COVID-19 pandemic is around $ 3.8 trillion, or 4.2% of global GDP (Sheresheva, M., Efremova, M., Valitova, L., Polukhina, A., & Laptev, G. (2021). According to R. Karsokienė and L. Dromantienė [3], the tourism industry is going through the most difficult period in its history due to 2020. January 30 The COVID-19 crisis, announced by the World Health Organization (WHO), gradually escalated into 2020. March 11 identified as a global pandemic. Travel restrictions imposed to stop the spread of the virus have had a devastating effect on the tourism business around the world. Tourism is an important part of the infrastructure of the world economy, generating 10% of the world’s tourism, according to the United Nations World Tourism Organization. gross domestic product and maintaining 1 in 10 of the world’s jobs. The tourism sector is particularly dynamic, where a rapid response to a changing environment and market is essential. In addition, tourism is the sector most affected by the COVID-19 pandemic. Scientific problem. The impact of the COVID-19 pandemic on the decline of tourism as one of the most important economic sectors. The aim of the article is to reveal the impact of COVID-19 on the tourism industry. Subject: Impact of COVID-19 on the tourism. Tasks. 1. Define the impact of the COVID-19 pandemic on the tourism market; 2. Discuss the innovations that can lift the tourism business out of recession. Methods: analysis, systematization and interpretation of scientific literature.

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