Paper Details

In this research paper, the researcher discussed the upshot of COVID-19 on the Hotel Sector in India. Travel restrictions due to COVID-19 affect the hospitality, travel, and tourism sectors in India and around the world. To mitigate the Upshot of the epidemic on the hospitality sector in India, Hotel conducted an in-depth survey with other domestic operators. The upshot of the COVID -19 pandemics and the consequent lockdown in the year 2020 and 2021 released has severely affected the Indian hotel and hospitality sector. The important parameters showing performance of the hotel sector, revenue per available room, declined near about 21%. Hotels across the country have now been closed for the past year and must bear the rising fixed costs with essentially zero revenue. The Indian hotel sector departed smoothly in January 2019 after a record year in January 2019, with the 2020 and 2021 target being even bigger. The country first began to feel the effects of the global COVID-19 disruption in late February 2021, which deteriorated in early March. There has been a sharp decline in hotel business in major cities and by our estimates there has been a decline of 59% over the previous two years. In such a short time, such a decline has never seen the decline of the sector.

Upshot, Pandemics, COVID-19, Hotel Sector, Revenue etc.