Dec 28 2008
Slowdown in the tourism sector
India is one of the most ideal tourist countries in the world. Every year a huge number of tourists come to India from all over the world. So India has developed it’s tourism sector quite largely in the past few years. But the recent attack in Mumbai, has effected India’s tourism sector very badly. Already due to the worldwide recession period, tourism of India has faced a big loss in these current days and terrorist attack in Mumbai has caused more slowdown in this sector.
Many tourists from various countries who booked their tour to India, have cancelled their booking due to the problem of insecurity in India. Compared with the past condition, 50% slowdown is currently going in this sector and with the help of the Ministry of Tourism it can be improved to 30% in the coming days. Hotels are the most important component in this sector and if bookings are down in hotels, then the whole sector is going to be affected. So the ultimate solution of this slowdown is to cut down the tariff of the hotels by atleast 20-25%
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Yep, I am agreed with you.