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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

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Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
tourism industry

Terrorism’s Effect on Tourism Doesn’t Last Very Long

Claire Zillman
By
Claire Zillman
Claire Zillman
Editor, Leadership
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Claire Zillman
By
Claire Zillman
Claire Zillman
Editor, Leadership
Down Arrow Button Icon
November 30, 2015, 11:49 AM ET
Paris Turns Blue, White and Red For Victims Of Friday's Terrorist Attacks
PARIS, FRANCE - NOVEMBER 24: An artwork entitled 'Earth Crisis' by US artist Shepard Fairey is displayed on the Eiffel Tower illuminated in the colors of the french flag 'Blue-White-Red', as part of the organisation of the Conference on Climate Change COP21 on November 24 in Paris, France. The climate change conference COP21 will gather 193 countries in Paris from November 30 to December 11, 2015. (Photo by Marc Piasecki/Getty Images)Photograph by Marc Piasecki—Getty Images

News of the terrorist attacks in Paris that killed 130 earlier this month was followed quickly by reports of tourists reconsidering their plans to visit the City of Light.

But concerns about visiting Paris probably won’t last too long.

It takes tourism 13 months to recover from a terrorist attack, according to a study from the World Travel and Tourism Council, a trade group that shared its key findings with Fortune. By comparison, tourism takes longer to bounce back from disease (21 months), an environmental disaster (24 months), and political unrest (27 months). Tourism’s recovery after a natural disaster takes longer because it often requires the rebuilding of infrastructure—often a time-consuming endeavor.

The WTTC said that based on its analysis of impacts at the country level, “previous large-scale terrorist attacks in major European capitals have had a decidedly limited impact on overall tourism in the country.”

The trade group looked specifically at the train bombings in Madrid in 2004 and found that tourist arrivals to Spain returned to “pre-bombing levels” in a matter of weeks. The bombings in London in 2005 had “no notable impact on tourist arrivals in the U.K. at all.” The WTTC said that it expects Paris “to return quickly to normal visitor levels.” That’s good news for France, where 9% of its GDP and 10% of total employment are tied to tourism. The country receives 84 million visitors per year—the most in the world.

About the Author
Claire Zillman
By Claire ZillmanEditor, Leadership
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Claire Zillman is a senior editor at Fortune, overseeing leadership stories. 

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