FHRAI on the resumption of scheduled commercial international passenger services from March 27

New Delhi, March 08, 2022:

“The resumption of scheduled commercial international passenger services from March 27 is a welcome relief. We thank the Govt and Civil Aviation Ministry for it. We had been following up with the Ministry to restart international travel especially because most countries have already thrown open their gates for international travellers. The industry was anxiously awaiting an announcement on this since early bird gets the worm. Foreign Exchange Earnings for the last two Financial Years has been entirely wiped out due to restrictions which also forced approx 30 per cent of hotels & restaurants to shut business and millions lost their jobs. The hospitality industry’s total revenue in FY 2019-20 stood at Rs.1.82 lakh Cr and it employed over 50 million people. During the period, the tourism and hospitality industry reported forex earnings of US$30 billion making it India’s third-largest foreign exchange earner. The latest announcement has come as a ray of hope for hospitality businesses and those employed in the sector,”

Mr. Gurbaxish Singh Kohli, Vice President, Federation of Hotel & Restaurant Associations of India (FHRAI).

About Federation of Hotel & Restaurant Associations of India (FHRAI):

The Federation of Hotel & Restaurant Associations of India (FHRAI) is the apex body of the Indian Hospitality industry. Founded in 1955, the FHRAI is the third-largest Hospitality association in the world and has diligently built on its rich legacy. The Association is today privileged to serve as the leading voice of the hotel and restaurant industry and plays a seminal role in supporting the growth trajectory of India’s hospitality and tourism sector. FHRAI provides a vibrant interface between the industry, government, regulatory bodies, academia, international organizations, civil society and the media.

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