‘Travel and Tourism’ industry will lose Rs.5 trillion due to covid crisis.

According to a study, for the first time in history ‘Travel and Tourism’ industry will lose Rs.5 trillion due to covid crisis.
This is one of the worst crisis ever to hit the Indian tourism industry impacting all its geographical segments – inbound, outbound and domestic, almost all tourism verticals – leisure , adventure, heritage, MICE, cruise,and corporate segments.
The shutdown has impacted more than covid, states a report.
The study is done by industry chamber ‘CII’ and hospitality consulting firm ‘Hotelivate’.