Tag Archives: tourism industry loss

FAITH pegs industry loss due to pandemic at Rs 10 lakh crore

Federation of Associations in Indian Tourism & Hospitality

The Federation of Associations in Indian Tourism & Hospitality (FAITH) — the nodal federation of all the national associations representing the tourism, travel and hospitality sectors in India — has estimated a loss of Rs 10 lakh crores to the industry, as a result of the pandemic. The federation presented the revised guidance during a […]

Hope to bounce back in six months, says ATE Group CMD Najeeb

Kerala’s tourism sector is currently assessing the kind of loss incurred due to the onset of the COVID-19 pandemic. The situation has become worse than initially expected, but the resilient tourism sector in Kerala has bounced back in the past against such difficulties. In an interview EM Najeeb, chairman and managing director of Airtravel Enterprises […]