Tourism, which accounts for roughly 12 percent of GDP in Slovenia, is likely to suffer more than most other sectors due to travel restrictions imposed by the country’s government. The sector relies on international clients for roughly 75 percent of its revenues and it’s unlikely to be able to replace them by catering aggressively to domestic clients. The director of the Slovenian tourist agency Maja Pak expects traffic to drop by as much as 70 percent this year if resorts can’t open until June. In 2019, the country achieved 40 percent of its annual turnover in the first half of the year. This year, revenues were already 30 percent off the pace before the crisis exploded onto the scene. A total of 15.78 million overnight stays were recorded in Slovenia last year by 6.23 million visitors. Market observers predict it will take three to four years to get back to where the market was before the crisis.
