"The initiatives, including encouraging citizens to explore 15 domestic destinations by 2022, bolstering infrastructure, developing tourism circuits and the recent Wed in India appeal, have significantly propelled domestic tourism, boosting local economies and reducing expenditure on overseas destination weddings," said Surendra Kumar Jaiswal, vice president, FHRAI.
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Indian hotel industry takes over Rs 1.30 lakh cr revenue hit in FY21, seeks govt support: FHRA
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Indian hotel industry takes over Rs 1.30 lakh cr revenue hit in FY21, seeks govt support: FHRA
PTI / May 16, 2021, 12:29 IST
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NEW DELHI: The Indian hotel industry has taken a hit of over Rs 1.30 lakh crore in revenue for the fiscal year 2020-21 due to the impact of the Covid-19 pandemic, the Federation of Hotel & Restaurant Associations of India (FHRAI) said on Sunday.
The apex industry body said it has submitted representation to the Prime Minister and a few other union ministers urging immediate support from the government to save the hospitality sector from imminent collapse and has requested for several fiscal measures for this.