Tag: tourism industry loss

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 meeting with the Empowered Group-6 (EG-6), an inter-ministerial panel set up by the government and headed by Niti Aayog chief executive Amitabh Kant. The earlier estimate was given to the government in March, when it had pegged the loss at Rs 5 lakh crores. The ... Read more

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 Group of Companies tells us how the state can recover over the next six months. Excerpts: Q: Can you brief us about the kind of losses that the tourism sector is facing due to the outbreak of the corona virus? A: The corona virus has ... Read more