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In recent years, international economic growth has been slow. The influence of the COVID-19 pandemic on the world’s economies must be considered. COVID-19 is not only a risk to the public health sector, but it is also a serious threat to the entire global economy. The paper examines the diversification of tourism industry trends and volumes as a result of the COVID-19 pandemic. Furthermore, the paper presents the tourism industry’s contribution to economic development, as well as its levels and trends before, during, and after the period of COVID-19 pandemic, along with predictions for the future transformation of tourism trends (International Monetary Fund IMF, 2021; Organisation for Economic Co-operation and Development OECD, 2022). The main contribution of this paper to the existing literature is the addition of new and more relevant views about COVID-19 and the tourism sector around the world by a comparative bibliographic review with a presentation of data on tourism and economic development and how COVID-19 affected the sector, the new normality of tourism, in order that tourism is a complex and very dynamic factor in the economic cycle of each country, at the same time to its influence on the social stability of each country as a whole.
Stavros G. Efthimiou (Fri,) studied this question.