new Delhi . Businesses in the area of tourism and hospitality, which were the worst affected in the coronary period, are now back on track and the relaxation in Unlock-4.0 is expected to improve the sector further. The movement of domestic tourists to hotels, resorts and hill stations is gradually increasing. However, experts say that it will take two and a half to three years for this business to be fully back on track.
Deepak Haksar, former ITC CEO and advisor to the Tourism and Hospitality National Committee of the industry body CII, said that domestic tourists are now going for a walk. This has led to improvements in tourism and hospitality sectors.
He said, “The demand for tourists going on a spur of the moment on domestic leisure travel has increased and they have started going to hotels and resorts. Hill tourist places like Himachal, Uttarakhand as well as Haryana, Rajasthan and other states People have started going to tourist places. ”
He said that at the moment domestic tourists are expected to improve tourism and hospitality sector, foreign tourists can not even think about coming.
Deepak Haksar said that most of the hotel business in India runs on the demand of business travelers, traveling tourists in connection with business, but it will take time to improve. He said that the third segment is of Meetings, Incentives, Conventions and Events (MICE), which has a possibility, but there are some restrictions.
In Unlock-4.0, the government has allowed to organize social, academic, sports, entertainment, cultural, religious and political events and other events from September 21, but the number of people to participate will not exceed 100.
In addition, only 50 people are allowed to attend the matrimonial event till 20 September. After that it can involve up to 100 people.
Vice President of the Hotel Association of India and Emeritus Chairman of Radisson Hotel Group, South Asia, K.B. Kachroo also said that the situation has improved a lot in Unlock-3.0 and Unlock-4.0, tourist traffic has increased.
He said that where occupancy was eight to nine per cent before the first unlock in big hotels, it has now gone up to 30-35 per cent on average and in some it has gone up to 60 per cent. He said that the movement of tourists has started in the Golden Triangle.
Asked about the damage caused by the Corona epidemic to the tourism and hospitality sector, Kachroo said that in the current financial year 2020-21, the revenue of the region will fall by about 50 per cent compared to 2019-20, while the level of 2019-20 It will take two and a half to three years to achieve.
Deepak Haksar also said that it will take a long time for the tourism and hospitality sector to reach the level of 2019-20 and this cannot be expected before 2022-23. He informed that the sector is likely to suffer a loss of about Rs 10 lakh crore in the current financial year.
The hotel industry has demanded relief from the government. Kb “Our sector is the worst affected by the Corona epidemic, so we expect relief from the government. If the government does not help, our sector will not be able to survive,” Kachroo said.
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