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Coronavirus crisis estimated to have cost the Costa del Sol 10.3 billion euros

Almost 80 per cent of hotels on the Costa del Sol have been closed since last September.
Almost 80 per cent of hotels on the Costa del Sol have been closed since last September. / ÑITO SALAS
  • It is expected that 2020 will close with 9.4 million fewer tourists, unleashing the worst crisis which will also affect other business sectors

The tourism crash crisis caused by the worldwide coronavirus pandemic has led to estimated losses of 10.3 billion euros across the Malaga province, according to a Costa del Sol Tourism report.

It is reckoned that the number of tourists lost in 2020 in the province will amount to 9.4 million travellers, which represents a drop of 71.7 per cent over the total number of visitors in 2019.

In the Turismo Costa del Sol report, 'Effects on employment, the number of tourists and the economy’, it is estimated that 6.016 billion euros have been lost directly by the tourism sector (hotels, bars and restaurants) and 4.335 billion euros, are indirect and inflicted on other business sectors including suppliers and even taxi drivers.

The tourism crisis has already forced the closure of 1,785 companies and destroyed the jobs of 17,605 workers.