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India tour operators face severe blow from China coronavirus

02/10/2020| 3:12:09 PM|

Indian tour operators estimate a $500 million loss because of cancellations from tourists from China and other countries.

Indian tour operators estimate they could lose up to $500 million because of cancellations from tourists from China and other countries due to the coronavirus outbreak, a cost that could rise four-fold if it persists through the year.

State carrier Air India has canceled flights to China and Hong Kong until further notice while private carrier IndiGo has suspended its flights until February 20.

“There is a panic in the tourism sector as thousands of bookings have been canceled,” said E.M. Najeeb, vice president, Indian Association of tour operators.

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TAGS: India | coronavirus | outbound travel
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