Xinhua
23 Feb 2021, 02:44 GMT+10
HELSINKI, Feb. 22 (Xinhua) -- Finland's tourism revenues declined by 42 percent in 2020 year-on-year, while the drop in international tourism expenditure exceeded 60 percent, according to a survey published here on Monday.
The survey of the Finnish Ministry for Economic Affairs and leading industry organisations found that domestic and foreign tourists spent 9.3 billion euros (11.2 billion U.S. dollars) in Finland in 2020. In 2019, the total was 16.1 billion euros.
According to preliminary estimates, the pandemic reduced spending by foreign tourists in Finland by 67 percent, or 3.3 billion euros, in 2020. Demand for foreign travel by Finnish people fell by 73 percent or 1.7 billion euros.
While international tourism suffered throughout the year, domestic tourism bounced back to near 2019 levels as the epidemic eased in the June-August period. However, demand then declined as the pandemic boomeranged back.
The survey said that the recovery of Finland's tourism sector relies heavily on international visitors, while domestic demand will pick up faster.
Katarina Wakonen, chief researcher at Visit Finland, a public tourism promotion body, told the Helsingin Sanomat newspaper that much would depend on the European Union's (EU) to develop a travel vaccination certificate.
She said that the country's small innovative companies active in the tourism sector may go under if their cash flow is not strong enough.
Get a daily dose of International Travel News news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to International Travel News.
More InformationALBANY, New York: New York's new coronavirus-period dance rules will allow some dancing at parties. The state said that when ...
SAN FRANCISCO, California: Airbnb hosts can see average earnings of up to $10,000 per year, Brian Chesky, CEO of Airbnb, ...
NEW YORK, New York: A state court has granted a temporary ruling allowing 90 New York bars and restaurants to ...
The Washington Capitals have ascended to the top of the East Division on the strength of a season-high four-game winning ...
Over the past few decades the boundaries of tourism have grown to include festival, cultural and ecological attractions. But the ...
MABALACAT CITY, March 4 (PIA) -- Tourism industry in Mabalacat City continues to thrive despite travel restrictions and community quarantines ...
SAN FRANCISCO, California: Airbnb hosts can see average earnings of up to $10,000 per year, Brian Chesky, CEO of Airbnb, ...
NEW YORK, New York: A state court has granted a temporary ruling allowing 90 New York bars and restaurants to ...
WASHINGTON DC: An additional 3 million acres of land in the United States will come under federal protection following the ...
Over the past few decades the boundaries of tourism have grown to include festival, cultural and ecological attractions. But the ...
MABALACAT CITY, March 4 (PIA) -- Tourism industry in Mabalacat City continues to thrive despite travel restrictions and community quarantines ...
New Delhi [India], March 4 (ANI): The Central Industrial Security Force (CISF) on Wednesday recovered foreign currency worth Rs 55.65 ...