Tuesday, June 2, 2020
With global travel still under strict restrictions, tourism is so far one of the most impacted industries globally. With suspension of international travel, inbound tourism would be postponed for the coming few months at least.
The hospitality and aviation industries are among the worst affected due to corona virus and the Indian hospitality division has till now suffered losses amounting to almost $4.5 billion.
However, under the present circumstances, the tourism industry is anticipating a revival counting on the domestic and leisure markets to make up for the losses.
Both inbound and outbound tourism are expected to be slow now due to restrictions put in place by respective countries for international travelers.
Domestic corporate travel is expected to be impacted due to business conditions being hit across the country. However, domestic leisure travel is expected to pick up swiftly and it would help the tourism sector to recover its losses after the pandemic.
People are expected to travel in small groups instead of individual visitors. Implementing touchless technology would also help in limiting the spread of the virus.
Tags: domestic travel
