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₹5 trillion due to covid-19 crisis: Report

city New Delhi India pandemic travelers Coronavirus
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NEW DELHI : The coronavirus pandemic has dealt a crippling blow to the Indian travel and tourism industry and the entire value chain linked to the sector is likely to lose around ₹5 trillion or $65.57 billion, according to a study by industry chamber CII and hospitality consulting firm Hotelivate.The organised sector alone is likely to lose $25 billion.

The figures are quite alarming and the industry needs immediate measures for survival, according to the CII-Hotelivate report."This is the one of the worst crises 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, corporate and niche segments," it.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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