There's no doubt in anyone's mind: 2020 was grueling for almost every industry. Few, however, could compare to the losses suffered by the global tourism industry. The pandemic grounded the majority of air transport, with flight revenues down by 90% within the first month of the lockdowns. The hospitality industry has also seen a sharp uptick in hotel bankruptcy filings as the number of cases spiked. The United Nations World Tourism Organization reports that the global tourism industry suffered over USD 1.3 trillion in export revenue losses. However, the tourism industry has always been known for bouncing back. As more and more people get vaccinated and lockdowns in many parts of the world and in the country ease, we are seeing optimistic forecasts for the tourism industry.