While the ongoing St Francis Xavier exposition might to a certain extent off-set the impact of the decrease in tourist footfalls, the industry is not expecting many visitors to turn up for beach parties, which are tailor-made for New Year revellers.
The tourism industry's major backbone -- Russian travellers -- has been hit by falling rouble and sanctions on Russia due to Ukraine conflict.
The deserted shacks, thinning crowd on beaches, and stringent government rules extracting more taxes this year have made business inviable, according to him.
Cardoso fears that few shacks might wind up soon after the New Year due to lack of business.
He said majority of the total 350 beach shacks spread across the state are currently doing just 75 per cent of the expected business, and it may go further south in coming days.
The 105-km-long beachline turns into a party spot on the New Year eve, with night-long revelry planned for visitors.
"You might get domestic tourists from cities like Mumbai, Pune, Bangalore, Delhi, Hyderabad and other two-tier cities for the parties.
"But the season does not look promising. The hotel occupancies have remained low right from October this year. The only hope we see is in the form of Visa on Arrival facility extended to various countries. That too, the facility should function properly," said Ralf D Souza, a hospitality sector expert and spokesman for Tours and Travels Association of Goa (TTAG).