Impact Of Covid 19 On Tourism And Hospitality Industry: An Analysis From North East India Perspective.

Abstract

The popular belief on tourism and hospitality sector being a peripheral sector has been transformed and now it is recognized as one of the crucial sector for the growth of the economy. The tourism and hospitality sector accounts for around 10% of the global GDP. The sector has a tremendous potential to create employment opportunities in large numbers, given the higher forward and backward linkages of the sector. The sector acts as a multiplicator of jobs, as it is able to create the direct and indirect jobs. The indirect jobs that is related to the sector has considerable amount of the contributions to the economic sector of the world in general and the region in particular. Apart from the obvious economic significance of the sector, it also has significant social impact given its potential for a distributed model of growth and employment opportunities for a wide variety of people including the unskilled and semiskilled labourers. The tourism sector is also crucial in helping build awareness, character, knowledge and tolerance.