 International tourism arrivals are set to stagnate this year, except for some Western markets causing up to $2.4 trillion in further global losses in the sector, not expected to rebound fully until 2023. The UN study said on Wednesday that COVID-19 vaccinations and certificates were key to restoring confidence in foreign tourism. It provided a lifeline to many countries, especially jobs in small island states. Sandra Kavau, Chief of Market Intelligence at the UNWTO said it would be a very diverse recovery, varying by country and by region. We are currently in international tourism at levels of 30 years ago. So basically, we are in the years 80s, so not much crowd. The problem that we are mainly facing is that many livelihoods are really at a threat. And I will pick it up from the policy recommendations. We have lost 1 billion travelers, so 1 billion opportunities for people to build livelihoods, especially in developing countries. That the decline in GDP is again quite dramatic. So we find here under the pessimistic scenario that the loss could be again in 2021 a 2.4 trillion of global GDP. In the optimistic scenario, that's a bit better, it's a loss of 1.7 trillion US dollar. And in the scenario with different speeds, the decline is similar to the optimistic scenario. It's 1.8 trillion US dollar. The vaccination rollout in Europe is quite advanced when we compare it to other regions. The same will probably occur in the US, but we will definitely see domestic tourism recovering first. We're already seeing in some cases the demands for domestic almost at the levels of 2019. And of course this is a big challenge for those countries who depend on international tourism.