Losses of more than $1 bn foreseen due to the paralysis of tourism

The Bolivian Association of Travel Agencies and Tourism (Abavyt) and the Private Sector of Tourism (SEPTUR), foresees that this year will close with losses of more than one billion dollars due to the paralysis caused by the COVID-19 pandemic. This forecast supported by a study by UNIFRANZ University and other companies. More than 100,000 direct jobs are at risk, many businesses involved in the tourism sector have closed, and as many have had to reduce their staff.

Source: ABI