Cambodia to lose $3bn in revenue from tourism sector
published : 5 Jun 2020 at 16:07
writer: Khmer Times
Cambodia will see a huge loss in revenue generated from tourism sector of around US$3billion this year due to the pandemic spread, according to Tourism Minister Thong Khon.
Thong Khon said during the launch of additional safety measures for tourism-based business that the global virus has hit the tourism sector the hardest around the world and Cambodia will see it’s foreign and local visitors decline by about 70% and 50% respectively this year, causing the country to lose $3billion, the Khmer Times reported on Friday.
During the first four month, Cambodia welcomed 1.16 million foreign visitors, a decline of 52% compared with the same period last year, according to the minister.
The Tourism Ministry this week has introduced additional safety measures for hotel and guesthouse, restaurant, transportations and resorts to contain the pandemic spread after signs of that tourism activity is rebounding.
So far around 2,956 tourism-related business in Cambodia has been closed, leaving a further 45,405 people unemployed, according to the minister.