Corona imposed billions on tourism industry, losses may continue even further
Corona imposed billions on tourism industry, losses may continue even further
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The coronavirus has severely affected the entire economy. Because of which almost every sector of business is suffering losses. At the same time, the tourism industry has lost thousands of crores of rupees due to the decline in domestic travel. The government has also suspended all visas due to this epidemic. According to the Confederation of Indian Industry, it is going to be one of the worst crises for the Indian tourism industry. This has affected the domestic tourism industry as well as people going abroad for tourism. Overall, domestic and foreign tourism market has been affected.

According to the media report, the tourism industry, hotels, travel agents, tourism service companies, restaurants, family amusement parks (theme parks), heritage sites, cruises, corporate tourism and adventure tourism etc. are also being affected by this industry. The CII Tourism Committee has assessed the impact of the corona virus epidemic on the tourism industry. According to this, the number of foreign tourists visiting India between October and March is 60-65 percent of the annual arrival. India earns more than $ 28 billion from foreign tourists.

For your information, let us tell you that WTTC represents private tourism industry and is associated with more than 200 travel and tourism companies around the world. The organization said that 5 crore (50 million) jobs are estimated to be affected worldwide due to this epidemic. The organization believes that by the time the corona crisis ends, it can cause about 12 to 14 percent loss in the industry. This year, the WTTC arrived at this assessment, looking at the international and domestic decline and spending and jobs. Council President and Chief Executive Officer Gloria Guevara said that due to the global impact of the epidemic, the damage is also high. Especially in Italy and Asia, the tourism industry will suffer the most.

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