Page 7 - Tourism Industry

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

Coronavirus impact may render 38 mn jobless in Indian tourism industry

In a letter to the PM, the industry body has urged the Prime Minister's Office (PMO) to intervene to minimise the damage.

Airlines, travel agents seek relief as they fly into coronavirus turbulence

Globally, airlines have grounded aircraft and slashed flights as governments have suspended visas and restricted travel to stop the spread of Covid-19

Coronavirus hurts tourism sector in Uttar Pradesh; Agra records 50% drop

The tourist traffic in Uttar Pradesh has taken a severe blow following the outbreak of the Coronavirus pandemic.

Coronavirus may halt tourism, aviation; Visa suspension to cost Rs 85 bn

Assocham Tourism and Hospitality Council Chairman Subhash Goyal said since the outbreak of coronavirus, the aviation and tourism industries in India have been adversely affected.

Tourism tanks amid Coronavirus scare, industry seeks govt intervention

The TAAI has requested the Centre to issue a circular to airlines operating domestic and international flights for waiving rescheduling and cancellation charges on compassionate ground.

Coronavirus scare: Tourism industry faces huge losses due to sudden slump

Travellers from Europe have also steered clear of the two World Heritage sites and there is not even a single booking so far even for the next season

Budget 2020: Rs 2,500 cr not enough for tourism promotion, says industry

Tourism bodies say Indians spending Rs 9,000 cr abroad abroad due to poor domestic infra, which cannot be improved with this allocation

Tamil Nadu demands Rs 563 crore tourism development package from Centre

Governor Banwarilal Purohit informed the state assembly that he has urged the Centre to accord speedy approval for the proposal sent by the state

CAA protests: Tourists cancel trips; industry may take hit, fear operators

December is the busiest month for foreign tourist arrivals in the country. However, operators are bracing for a decline this month

India ranked 34th on world travel, tourism competitiveness index: Report

India has moved up six places to rank 34th on world travel and tourism competitiveness index, driven by rich natural and cultural resources and strong price competitiveness, a WEF report said on Wednesday. India's ranking improved from 40th to 34th, the greatest improvement over 2017 among the top 25 per cent of all countries ranked in the report. "India, which accounts for the majority of South Asia's T&T (travel and tourism) GDP, remains the sub-region's most competitive T&T economy, moving up six places to rank 34th globally," the report said. As per the report, China, Mexico, Malaysia, Thailand, Brazil and India -- which are not high-income economies but rank in the top 35 in the overall list -- stand out in the Cultural Resources and Business Travel Pillar through their combination of rich natural and cultural resources and strong price competitiveness. "India showed the greatest percentage improvement to its overall Travel & Tourism Competitiveness Index (TTCI) ...