March 13, 2020
Stories

Industry

Travel Industry braces for a Rs 8,500 crore hitedit

The Hindu Business Line – Print – Bangalore

The travel industry is likely to take a hit of Rs. 8,500 crores as the government suspended all existing visas on Wednesday due to the outbreak of coronavirus.

Visa curb may cost $8,500 cr for tourism, aviation sectorsedit

The Financial Express – Print – Delhi, Mumbai and Bangalore

Hotels and tour operators have seen a spurt in cancellations particularly after the WHO declared the outbreak a pandemic. Tourists cancelled travel, hitting hotels, airlines and tax collections after the government suspended most visas in a bid to halt the spread of coronavirus.

 

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