Page 8 - Tourism Industry

Global travel and tourism industry projected to shed 174 million jobs

The global travel and tourism industry is on course to lose 174 million jobs this year if current restrictions to curb the spread of the coronavirus remain in place, a leading industry group warned Friday. While alarming, the projection from the World Travel & Tourism Council was lower than previously expected, largely because of a strong recovery in domestic travel in China and rebounds in other countries. In June, the council warned that there could be 197 million job losses worldwide in a sector that many nations are hugely reliant on economically. Restrictions on travel imposed when the pandemic erupted this year effectively banned flights from abroad and closed down the hospitality sectors in many countries. China, where COVID-19 first emerged, has since managed to contain the virus better than most nations and has reopened large parts of its economy, helped in part by widespread virus testing at airports alongside health and hygiene protocols. Lockdown restrictions have ...

Tamil Nadu seeks Rs 250 cr from Centre to revive tourism industry

Tamil Nadu on Friday requested the Centre to allocate Rs 250 crore as special grant for revival of the tourism sector in the state which has felt the impact of COVID-19 pandemic

Tourism industry seeks reduction in GST rate, tax benefits to revive sector

According to them, the Covid-19 pandemic has wreaked havoc on the travel, tourism and hospitality industry, resulting in a loss of Rs 15 trillion and putting up to 40 million jobs at risk

Raje discusses tourism, culture with members of Rajasthani diaspora in UK

Former Rajasthan CM Vasundhara Raje held a detailed discussion with members of the Rajasthani diaspora in the United Kingdom on topics such as tourism and culture during a webinar held on Saturday

Tourism toppers: India marks a presence in the best of the decade

The results of the awards - a departure from its annual best in travel poll held since 2005 and covering airlines, airports, destinations and hotels - were released on Monday

Mahindra Holidays scouts for acquisitions amid coronavirus pandemic

Occupancy at properties in driveable locations surges at 80-90% of pre-Covid levels

Covid-19, India-China border row cast shadow on Ladakh tourism industry

As people step out of the Leh airport, Cherring Namgyal (32) waits for tourists he can ferry in his taxi to different exotic locations in Ladakh. But that's a futile wait

SC directive is a big relief for stressed firms with cash flow issues

Cash flows of airlines, hotels, SSIs yet to recover

Unlock 4: Boating resumes in Nainital, tourism getting back on track

Several guidelines are in place at tourist hub, including sanitisation of life jackets after every use. Tickets are given to passengers only after sanitisation and temperature checks

Hospitality, aviation, tourism firms likely to seek loan recast: Bankers

Micro, small and medium enterprises (MSME) are already covered under the ongoing restructuring scheme which was tweaked earlier this month to cover those impacted by Covid-19 crisis

Hospitality major EIH posts Rs 152 cr net loss in Q1 due to Covid-19 crisis

The company had posted a net loss of Rs 1.13 crore in the corresponding period of previous fiscal, EIH said in a filing to the BSE

Most people in India not comfortable travelling for at least a year: Survey

"While the tourism industry has started to make a comeback in a big way in Europe; in India, the current signals are bleak," Neta App founder Pratham Mittal said

Tourism industry seeks govt support for survival, meets Niti Aayog CEO

The representatives also sought financial support for tour operators so that they do not close down and are able to retain their experienced staff

IT industry veteran Tiger Ramesh launches caravan tourism services company

The former CEO of CSS Corp has attracted cricketer Anil Kumble, international musician Vijay Prakash, TaxiforSure co-founder Aprameya Radhakrishna, IT honcho Phaneesh Murthy as investors

Travel firms may make health certificate must amid Covid-19 crisis

Hotels, too, take the same route to ensure safe trips

UP to amend textile, tourism policies to reboot industry, create jobs

The state signs MOUs with four leading industrial bodies to create employment for 1.1 mn returning migrants

Oyo to offload more loss-making hotels amid Covid-19 outbreak: Report

The hospitality sector has been one of the worst affected by the coronavirus outbreak, with global and domestic travel coming to a near-halt

Covid-19 impact: Travel, hospitality stare at revenue loss of Rs 5 trillion

With 40 million jobs at risk, the industry has sought a bailout package

Covid-19: Govt bailout must to salvage airlines and hotels, say analysts

CARE says domestic airlines face severe cash flow pressures as they won't fly till mid April; airfares may remain low and certain routes may have to be scaled down

IT firms stare at increasing client issues over coronavirus pandemic

With airlines industry being largely impacted, manufacturers like Airbus and Boeing are also expected to spend less on digital technologies