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CURRENT AFFAIRS OF

BUSINESS - CYCLE 2

TEAM MEMBERS
RAMYA J
SATHISH KUMARAN K
SRILEKHA VENKATESH
VIBISHA RAMARAJ
TOURISM INDUSTRY
TOURISM INDUSTRY
The tourism industry, also known as the travel
industry, is linked to the idea of people travelling to
other locations, either domestically or
internationally, for leisure, social or business
purposes.

Connected with:
 Hotel industry
 Hospitality industry
 Transport industry
TYPES OF TOURISM
1. INTERNATIONAL TOURISM 2.DOMESTIC TOURISM
When people visit a
The tourism activity of the
foreign country, it is
people within their own
referred to as International
country is known
Tourism..
as domestic tourism.

1.a) Inbound tourism

2.b)Outbound tourism

Example: when a tourist


from India travel to
Japan then it is
outbound tourism for
India and Inbound
tourism for Japan.
CATEGORIES OF TOURISM
Recreati
Cultural
Cultura
onal
tourism
l
tourism

Sports/
Health Adventur
tourism e
tourism

Conventi
Incentive
on
tourism
tourism
Here
cture
Yo u r Pi

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MAJOR
PLAYERS IN
.

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THE INDUSTRY
REVENUE GENERATED BY TOURISM INDUSTRY
FROM 2016 TO 2020
Despite the pandemic, FY
2020 saw an inflow of  $2.94
bn in investments in Indian
tourism
FUTURE FORECAST

 India is
Travel & expected to
Tourism will be among the
 The Tourism
 Tourism & account for top five
sector is
Hospitality is nearly 53 business
expected to
forecasted to million jobs  travel market
grow at 6.7%.
earn $50.9 bn

2028 2029 2029 2030


LET US KNOW
India ranked 34th on
world travel tourism
competitiveness(TTC
I) index by 2019
Without visa
 Bhutan
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 Indonesia
LET US KNOW  Nepal
 Serbia
List of countries
 Mauritius
to travel without
Visa on arrival
visa from India
 Maldives
 Myanmar
 Sri Lanka
 Thailand
 Iran
LATEST INVESTMENTS IN THE INDUSTRY
 Entertainment Park project – Maharashtra
Estimated cost - $538.92 million

 Ski resorts and ski lift projects – Himachal


Pradesh
Estimated cost - $469.74 million

 Blue Rhapsody project – Kerala


Estimated cost - $248.98 million
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MAJOR
INVESTORS

.
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u rP
ictu
re
He
re
1. FRANCE - 89.4 million visitors

2. SPAIN - 82.7 million visitors

TOP 5 COUNTRIES
WITH HIGHEST 3. UNITED STATES – 79. million
visitors
NUMBER OF
TOURISTS 4. CHINA – 62.9 million visitors

5.ITALY – 62.9 million visitors


You can simply impress your audience
and add a unique zing.
TOP RATED TOURIST ATTRACTION IN THE
EIFFEL
TOWER,
WORLD THE
COLOSSE
PARIS UM,ROME
TOP RATED TOURIST ATTRACTION IN THE
STATUE OF
LIBERTY, NEW
WORLD MACHU
PICCHU,
YORK CITY PERU
TOP RATED
TOURIST
ATTRACTION IN
INDIA
1. AGRA
2. GOA .

3. AMRITSAR
4. SHIMLA
IMPACT OF COVID-19 ON TOURISM

 Slump in demand
among travelers

 Traveling
restrictions
INFOGRAPHIC
 65% drop in
international
tourist arrivals in
the first six
months of 2020

 Decline in
business travel
AFFECTED INDUSTRIES
01 Airlines

02 Hotel industry
.

03 Rental car industries


TOURISM DESPITE PANDEMIC
 Airline travel along with 2 weeks
self quarantine

 At least 300,000 people travelled


to and from UAE and the U.K. in
the months of November and
December 2020 INFOGRAPHIC

 Dubai was acting as a "super-


spreader" of the virus forced the
emirate to close all bars and
pubs for a month on 1 February
2021 
LATEST NEWS
IN THE
INDUSTRY
 Kerala tourism sector hit hard by the
pandemic – India today on June
09,2021

 Tourists flock to Himachal Pradesh


after state relaxes covid curbs –
Economic times on June 14,2021

 Goa will open for tourists only after


vaccination – Hindustan Times on June
18,2021
MAHARASHTRA TOURISM CAMPAIGN
BY MTDC
REFERENCES
 https://en.m.wikipedia.org/wiki/Tourism_in_India
 https://www.investindia.gov.in/sector/tourism-hospitali
ty
 https://www.treebo.com/blog/tourist-places-in-india/
 https://www.financialexpress.com/lifestyle/travel-touri
sm/impact-of-covid-19-on-travel-and-tourism-industry-a
nd-ways-of-recovery/2183029/
 https://www.ibef.org/industry/tourism-hospitality-india/
showcase
 https://tourismnotes.com/travel-tourism/
 https://www.indiatoday.in/india-today-insight/story/cov
id-19-kerala-tourism-sector-hit-hard-by-the-pandemic-1
812843-2021-06-09
 https://m.economictimes.com/news/india/tourists-floc
k-to-himachal-after-state-relaxes-covid-curbs/articlesho
w/83503196.cms
 https://www.hindustantimes.com/india-news/covid19-
goa-will-open-for-tourists-but-only-after-this-happens-1
01623927920872.html
THANK YOU
Life is a journey that must be traveled
no matter how bad the roads and
accommodations

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