SIGNIFICANT IMPACT OF COVID-19 ON TRAVEL AND TOURISM INDUSTRY
Author Name: 1Raghavendra prasad Nayak, 2Jayadatta S
Volume: 01 & Issue:
Country: India
DOI NO.: 08.2020-25662434 DOI Link: http://www.doi-ds.org/doilink/10.2020-87463891/
Affiliation:
- MBA 4th Semester Student , KLES IMSR BVB Campus Vidyanagar, Hubli
- Assistant Professor, KLES IMSR BVB Campus Vidyanagar, Hubli
ABSTRACT
From times immemorial travel and tourism have been an important social activity of human beings. Putting it in simple terms tourism is the act of travel for the purpose of leisure, pleasure or business and also provision of services for this act. The present paper discusses why and how Covid 19 can be a transformational opportunity by discussing the circumstances and also questions raised by the pandemic. The paper identifies fundamental values, institutions and pre-assumptions that tourism industry and academia should actually challenge and also breakthrough to advance and advance and reset research and practice frontiers. Tourism can be viewed from various perspectives, from a geographer’s perspective the main concern of tourism is to look into aspects like the geographical location of a place, climate and the landscape physical planning as a result of providing tourism facilities and amenities. The objectives of the study is to study and analyze various concepts of travel and tourism industry, to understand strategies devised by travel and tourism industry to resume operations during Covid, to understand developmental prospects and trends shaping travel and tourism industry and to know major impact of Covid 19 on inbound and outbound travel operations for tourism and hospitality sector. Indian association of tour operators (IATO) estimates that hotel; aviation and travel sector together may incur loss of about 85 billion due to travel restrictions and also impose on foreign tourists. Descriptive research is used for the purpose of research and data is collected with the help of secondary data. The findings and suggestions of the study might assist tourist operators to devise strategies to overcome problems arise dude to Covid 19. The paper concludes that Covid 19 outbreak will lose tourist traffic from other countries to India and this study might be very much helpful for prevention of Covid 19 measures.
Key words: Travel and tourism, leisure, hospitality sector, outbound travel operations, amenities, Covid 19, developmental prospects
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