INDIAN HOTEL AND HOSPITALITY SECTOR
The World Travel and Tourism Council's 2019 Annual Research highlights that Travel and Tourism's contribution to GDP in 2019 was 6.8% amounting to `13,681.1 billion and showing growth of 4.9% over the previous year. The contribution of Travel and Tourism to employment stood at 39.8 million jobs or 8% of total employment. These figures are set to change in 2020 and the effects of the COVID-19 pandemic will resound not only on India's Travel and Tourism, but on the overall economy as well.
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