“With states beginning to ease restrictions and vaccination rates expected to improve, we see domestic travel picking up slowly from the second quarter. However, segments such as international holidays and inbound travel may see recovery only in the second half, and that too only if travel restrictions are eased in foreign countries," Crisil Ratings Senior Director Manish Gupta said.Travel industry likely to reach 35-40% revenue of pre-pandemic level this fiscal: Report
“With states beginning to ease restrictions and vaccination rates expected to improve, we see domestic travel picking up slowly from the second quarter. However, segments such as international holidays and inbound travel may see recovery only in the second half, and that too only if travel restrictions are eased in foreign countries," Crisil Ratings Senior Director Manish Gupta said.
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