Tourism turbulence

本站添加: 2026-05-24

[00:00:00]India's travel industry may be heading towards turbulence. After the PM urged citizens to avoid unnecessary foreign travel, the sector fears a fresh hit to overseas bookings. International travel inquiries were already down by 15% this summer. And the stakes are huge. India's tourism sector is worth over $231 billion and supports nearly one in 10 jobs in the country. Over 5 crore people linked to tourism, from travel agents to tour operators, could feel the slowdown.

[00:00:23]Companies now expect weaker margins, slower hiring, and delayed salary hikes if demand weakens further. Travel stocks like EaseMyTrip, SOTC, Goibibo, and Yatra already saw investor panic.

[00:00:32]Tourism bodies are now urging the government to push inbound tourism to keep the sector afloat.