Don’t miss the latest developments in business and finance.

War Fears Seen Hitting Tourism Industry Hard

Image
BUSINESS STANDARD
Last Updated : Jan 28 2013 | 12:54 AM IST

The domestic tourism industry is likely to be hit hard in the next 6-8 months due to the war-like situation prevailing in the sub-continent. Incoming traffic has absolutely stopped while the number of outbound bookings by groups and individuals for the forthcoming season has dropped by 20-25 per cent.

Lalit Sheth, chairman and managing director of Raj Travels, said the drop in ticket booking for outbound travels in June has touched around 20-25 per cent due to three main reasons: war, onset of monsoons and the opening of schools.

Also Read

First Published: Jun 05 2002 | 12:00 AM IST

Next Story