Exclusive interview by Meenal Barapatre with Sidharth Jain CEO Sapphire Ventures and Director Kazin Travel Consultants LLP
Mumbai: The rapid spread of the coronavirus has affected many business sectors more particularly the Tourism Industry and hospitality industry, the worst to suffer thus leaving many famous destinations and Hotels nearly empty.
Many tourists are cancelling their tickets due to fear of this dreaded Virus.
Meenal Barapatre Associate Editor of Hello Mumbai News while expressing on the Coronavirus concerns has an exclusive interview with Tour Operator Siddharth Jain. ( CEO Sapphire Ventures and Director Kazin Travel Consultants LLP)
Siddharth Jain : Thanks for considering me for an interview against Coronavirus.
Meenal Barapatre: How has your business been affected due to Coronavirus ?
Siddharth Jain : It is not the Coronavirus which has affected the travel industry business, but it’s the fear of Coronavirus. The business has come to a near standstill.
Meenal Barapatre: How much have you lost businesswise . .?
Siddharth Jain : Travel Agents and Hoteliers are constantly receiving cancellations of already booked reservations and queries of future travel has drastically dropped by 90%. People are travelling only for essential trips. Hotels , Airlines, Travels Agents , OTA’s ..everyone one is bleeding in an already challenging business scenario. It is difficult to evaluate the losses, but it is estimated in billions of dollars."_Read more_"