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Indian tourism is serious slump
Bombay News.Net
Saturday 20th December, 2008
India's tourism industry is facing a slump after two luxury hotels popular with foreigners in Mumbai were used to launch deadly terror attacks.
After gunmen mounted assaults on the Taj Mahal and Oberoi Trident Hotels in Mumbai late last month, cancellations came in to hotel chains across the nation.
Foreign tourists planning to visit India have had second thoughts with a 15 to 20 per cent drop in the number of visitors to the country since the Mumbai attacks.
At least 26 foreigners, many of them staying or dining at the hotels, were among the fatalities of the attacks, while many others were injured.
Last year the number of visitors to India grew by 12 per cent, but the industry as revised growth estimates to lower than five per cent this year.
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