Kashmir tourism industry suffers Rs 1500 crore loss due to COVID-19 pandemic

The second wave of COVID-19 has given a huge blow to the tourism industry in Jammu and Kashmir. The industry has suffered a loss of about 1500 crores during this period. However, the tourism businessmen have pinned their hopes high on the government and believe that the situation will improve soon in the Union Territory. "Vaccination will change the situation in Jammu and Kashmir," says health experts. 

New Delhi: The second wave of COVID-19 has given a huge blow to the tourism industry in Jammu and Kashmir. The industry has suffered a loss of about 1500 crores during this period. However, the tourism businessmen have pinned their hopes high on the government and believe that the situation will improve soon in the Union Territory. "Vaccination will change the situation in Jammu and Kashmir," says health experts.  The second wave of COVID-19 has shaken India's healthy infrastructure and shattered economy, the tourism industry is hit badly.  Jammu and Kashmir, which is one of the biggest tourist attractions of country in the world, has been hit hard due to the COVID-19-induced pandemic and subsequent lockdown. United tourism forum member says, "According to an estimate, this industry has suffered a loss of about 1500 crores so far." Jammu and Kashmir is globally known for its beautiful serene views and magnificent locations, and is the largest tourist centre in India. It was after decades that tourism in Jammu and Kashmir was at its peak at the beginning of this year. According to reports, Kashmir had reported almost 100 percent of bookings for the first three months of this year. However, due to second COVID-19 wave in the country, all the bookings were cancelled and the tourism industry was hit hard again.