Travel advisories to affect industry performance

Travel advisories to affect industry performance

Travel advisories issued by the US, the UK, New Zealand, Canada and Australia late Tuesday night have dampened spirits in the Indian hotel and airline industries which were expecting things would look up in the festive season. The local consulates of these five countries have issued travel alerts to their citizens, cautioning them about terror strikes during Indian festivals and other peak holiday periods. These alerts are not expected to be lifted before January. The five countries together account for over 35% of annual foreign tourist arrivals to India, of which the US share is over 16%, reported the Business Standard.

Gary Marshall
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