NHO analysis: Norwegian tourism lost 41 billion kroner due to corona crisis

Kristin Krohn DevoldPhoto: Håkon Mosvold Larsen / NTB
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According to a new NHO analysis, total tourist consumption fell by NOK 41 billion between January and August of 2020, compared with the same period of last year.

The decline in tourist consumption was most significant among foreign tourists, with a 68% decline in the period – from NOK 46 billion to NOK 14 billion, according to the analysis carried out by NHO for NHO Reiseliv.

Kristin Krohn Devold, CEO of NHO Reiseliv, believes that the analysis confirms that tourism needs help to cover the fixed costs in the context of the corona crisis.

“Destruction of jobs”

“Without help, we are facing the destruction of jobs. The industry needs compensation for up to 80% of fixed expenses in the future as long as the infection lasts,” she said.

Devold believes, among other things, that the NOK 680 million in next year’s state budget must be earmarked for compensation for the first three months of 2021, and possibly increased gradually.

She is also critical of the government’s signals that the market must decide which companies will survive. 

She believes that no companies can survive with the current order levels.

© NTB Scanpix / #Norway Today

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