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Stream/Area:
-
Subject:
-
Paper ID:
IJSREM12688
Volume:
6 |
5 |
May 2022
Pages:
Publication Frequency:
Monthly (12 issues per year)
License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.
This paper describes the impact of the COVID-19 pandemic on the budget of the hotel sector in Indian industry. Travel restrictions by COVID19 are affecting the hospitality, travel and tourism sectors in India and around the world. An industry-leading performance indicator, fell 18.5% in the first quarter (2020). Revenue of India’s hospitality sector is on track in January 2019 after a record year in January 2019. The hotel industry in major cities has declined significantly and according to our estimates is down 45% from the previous year. In such a short period of time Decline has never seen a decline in the industry. (Ishfaq Ahmad Bhat, 2020).
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Publication Date
1/4/2022
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
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The authors declare no conflict of interest related to this research work.
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