Kashmir tourism going through worst crisis in last 2 decades

0Shares

Srinagar—Tourism sector in Kashmir is going through its worst crisis  in over two decades, with many hotels closing down, staff being laid off and players in the industry looking for alternative businesses or even job opportunities.

Tourism, considered as the most visible asset of Jammu and Kashmir’s economy, has been pushed to a cold dark corner, where things are going from bad to worse as the situation in the valley remains tense. Even with hotels offering discounts as high as 70%, occupancy rates are less than 5% at a time when the tourist season is in its fag end. In houseboats on Dal Lake, Nigeen Lake and river Jehlum, it is as low as 1-2%.

Read full story HERE

 

 

 

Be Part of Quality Journalism

Quality journalism takes a lot of time, money and hard work to produce and despite all the hardships we still do it. Our reporters and editors are working overtime in Kashmir and beyond to cover what you care about, break big stories, and expose injustices that can change lives. Today more people are reading Kashmir Observer than ever, but only a handful are paying while advertising revenues are falling fast.

ACT NOW
MONTHLYRs 100
YEARLYRs 1000
LIFETIMERs 10000

CLICK FOR DETAILS


Observer News Service

Leave a Reply

Your email address will not be published.

KO SUPPLEMENTS