Tourism, restaurant sectors unhappy with no provisions in stimulus package.
- Online ordering of food has taken a hit as most restaurants and hotels continue to remain closed due to lack of labour or the increased risk to the staff due to the coronavirus.
- The hospitality and tourism sector is among the worst hit due to the ongoing Covid-19 pandemic, and is unlikely to recover any time soon as people continue to be cautious of going out in a crowded environment with strangers. Online ordering of food has also taken a hit as most restaurants and hotels continue to remain closed due to lack of labour or the increased risk to the staff due to the coronavirus. Tourism sites are also unlikely to see visitors any time soon.
- While FAITH claims that Indian tourism, travel and hospitality impacts almost 10 per cent of India’s GDP, NRAI has been batting for a stimulus saying that the restaurant sector employs 7.3 million people, and is the second largest employer after agriculture in the country.
- The meetings, incentives, exhibitions and events segment will also be severely impacted, as a result of which, all tourism service providers, hotels, travel agents, tour operators, tourist transporters, restaurants, guides will have to operate with under utilised capacities making most businesses unviable on a cash operating basis.
- Large online players in the tourism segment like MakeMyTrip have already started to pivot.
