Well, The Indian hospitality industry is undoubtedly one of the biggest casualties of the COVID-19 outbreak as demand has declined to an all-time low. Ban on Global Tourism, Suspension of Visas and the imposition of Section-144, which is prohibition against mass gatherings, and specifically, very less support from Government, banned Airlines, Travel and Hotels, brought the Indian Hospitality sector to it’s lowest with major financial loses. The similar thing is happening with global hospitality market as well!
Aviation Experts suggested that global airlines need an emergency fund of up to US$ 200 billion as they fight for survival, and the International travel could be adversely…