{"id":15157,"date":"2020-10-16T18:27:12","date_gmt":"2020-10-16T12:57:12","guid":{"rendered":"https:\/\/www.instamojo.com\/blog\/?p=15157"},"modified":"2022-04-20T20:14:13","modified_gmt":"2022-04-20T14:44:13","slug":"how-travel-startups-should-bounce-back-post-covid-tips-and-examples","status":"publish","type":"post","link":"https:\/\/www.instamojo.com\/blog\/how-travel-startups-should-bounce-back-post-covid-tips-and-examples\/","title":{"rendered":"How Travel Startups Should Bounce Back Post COVID – Tips and Examples"},"content":{"rendered":"

The pandemic has gone long enough.<\/p>\n

The COVID pandemic has not been kind to the travel and tourism industry. Once a booming industry, the trade land tourism sector has faced a massive loss, both in terms of revenue and jobs.<\/p>\n

This has also had a domino effect on the hospitality sector, with hotels and honeymoon destinations taking a huge hit.<\/p>\n

As per the World Travel and Tourism Council (WTTC) reports<\/a><\/span>, India generated Rs.16.91 lakh crore in 2018 from travel alone. This also helped create over\u00a0 <\/span>42 million jobs,<\/p>\n

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India ranked 3rd out of 185 countries with regard to travel and tourism\u2019s total contribution to GDP in 2018.<\/p>\n<\/blockquote>\n

Here are some figures to help understand the impact COVID has had on the travel sector:<\/h4>\n
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  • According to a study, there is a 52% decline in bookings<\/strong>, due to the travel restrictions imposed by countries.<\/li>\n
  • India depends on foreign tourism for 60-65% of its turnover,<\/strong> especially during holiday seasons.<\/li>\n
  • Globally, the travel sector is expecting an 80% drop in travel revenue<\/strong>, if there is no improvement to the pandemic situation.<\/li>\n<\/ul>\n

    However, even has the second wave of COVID hits other countries, the travel and tourism industry, along with hospitality has found a way to bounce back, or at least cater to its travel sick customers.<\/p>\n

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    In this blog, we will cover:<\/h5>\n<\/blockquote>\n
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    1. \n

      5 ways travel and tourism are bouncing back<\/p><\/blockquote>\n<\/li>\n

    2. \n

      Effect crisis strategies to prevent further losses<\/p><\/blockquote>\n<\/li>\n

    3. \n

      Tips to control and regulate travelling across states and countries<\/p><\/blockquote>\n<\/li>\n

    4. \n

      Examples of travel companies who have made the most out of the pandemic<\/p><\/blockquote>\n

       <\/li>\n<\/ol>\n