Thursday, January 12, 2017

#Kerala Tourism has lost estimated Rs.1000 cr. due to #DeMonetisation

Kerala’s tourism sector has registered an estimated loss of about Rs 1,000 crore, following a dip in the arrival of foreign and domestic tourists since the Centre announced demonetization of high-value currencies.

Other highlights:-
In Sep 2016, foreign tourist arrivals showed an uptick of 5.61% compared to that of Sep 2015.

The domestic tourist arrivals figure in Sep 2016 increased by 6.01% compared to that of Sep 2015

Foreign exchange earnings for the year 2015 was Rs. 6949.88 cr. which recorded an increase of 8.61% over the previous year.

Total revenue (direct and indirect) from tourism in 2015 is Rs 26689.63 cr. showing an increase of 7.25% over the previous year’s figure.

Kerala Tourism department organized a roadshow in Bengaluru today after Chennai.It plans to have road shows in Hyderabad and Kolkata as well in next few days.