The Coronavirus has been absolutely disruptive and has changed the economic, social and political landscape. The World Bank predicts a global fall in PIB of over 5.2%, the largest since the post-war period in 1945. Spain has experienced a 11% fall in GDP (Growth domestic product), which is one of the most drastic drops the country has experienced in the last century.

The decline in the economy is mainly impacting the service industry and, in particular, the tourism sector. In Spain itself, the fall is estimated to be close to eight billion euros, representing a 64.7% drop compared to the previous year. ESTA estimates worldwide losses of more than 150 billion euros.

The tourism sector in Spain and the rest of the world will face enormous challenges, which will require real leadership to find solutions; the Advanced Leadership Foundation and the Incyde Foundation propose a World Summit to discuss the future challenges facing the global economy in the short, medium and long term, bringing together some of the most influential leaders and institutions in order to envision the future.

The Future Of Tourism

The “FUTURE OF TOURISM WORLD SUMMIT” has the main goal of identifying solutions for the tourism industry’s future, not only in Spain but also in the rest of the world.

The result will be the Barcelona Declaration, where the world’s leading authorities and players in the world of tourism will be committed to a number of actions to protect and promote post-COVID tourism.