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Domestic tourism will help the hospitality industry bounce back: VP Venkaiah Naidu

Thursday, January 14, 2021, 14:00 Hrs  [IST]

Vice president M Venkaiah Naidu said on Tuesday the hospitality industry should leverage its tourism potential to enhance India’s soft power globally.

Naidu was speaking at the Institute of Hotel Management in Goa, where he said the tourism sector was among the largest employment generators, employing 87.5 million people, equivalent to 12.75% of employment share in 2018-19. While he acknowledged that the travel sector was badly hit by the pandemic, Naidu said he was confident the hospitality industry will bounce back.

“Unfortunately this vibrant sector is among the hardest hit by the ongoing Covid-19 pandemic. As per UNWTO estimates, the pandemic has caused 70% decline in international tourism, taking the levels back by 30 years. Goa's tourism industry is estimated to have experienced job losses in the range of 35%-58%, according to a report published by the state's Tourism Ministry,” he said.

 
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