City
Epaper

Covid dealt a severe blow to B'desh's hospitality sector: Report

By IANS | Updated: April 11, 2022 14:30 IST

Dhaka, April 11 A survey report has revealed that the Covid-19 pandemic has dealt a heavier blow to ...

Open in App

Dhaka, April 11 A survey report has revealed that the Covid-19 pandemic has dealt a heavier blow to Bangladesh's hospitality sector.

The country's hospitality sector incurred a loss of about 173 billion takas in gross value added during the pandemic, Xinhua news agency quoted the report as saying.

The Bangladesh Institute of Development Studies (BIDS), a leading think-tank, conducted the survey with hundreds of hotels, resorts, travel agencies, tour operators, restaurants and their employees across the eight administrative divisional cities r.

The findings of the survey, titled "The Covid-19 pandemic and the hospitality and tourism sector in Bangladesh", also showed that hospitality sales and revenues fell sharply in the second quarter (April-June) of 2020 compared to that in the same period a year earlier.

The report estimated that the sector would have contributed about 260 billion takas in terms of gross value added if there were no pandemic.

It further estimated that contributions of the sector squeezed to around 87 billion takas because of the pandemic in the above-cited period.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: bangladeshdhakaXinhuaBangladesh institute of development studies
Open in App

Related Stories

Navi MumbaiNavi Mumbai News: Border Crackdown Forces Indian Woman to Part With Children and Husband Amid Citizenship Chaos

NationalIndore's Missing Couple Mystery: Sonam Possibly Abducted to Bangladesh, Claims Brother Amid Shillong Tragedy

CricketWATCH: Ugly On-Field Fight Erupts Between Tshepo Ntuli and Ripon Mondol in Bangladesh vs South Africa Emerging Test (VIDEO)

NationalMurshidabad Violence: India Slams Bangladesh’s Remarks, Says It Should Focus on Protecting Rights of Its Own Minorities

InternationalWhy Are Protesters in Bangladesh Targeting Global Brands Bata, KFC, and Puma Over Gaza? (Watch Video)

Politics Realted Stories

MaharashtraNCP Leader Suraj Chavan Shares Alleged Black Magic Video of Shiv Sena Leader Bharat Gogawle Amid Row Over Raigad Guardian Post

MaharashtraMaharashtra Politics: Raj Thackeray Meets CM Devendra Fadnavis at Taj Lands End Amid Rumours of MNS–Sena UBT Alliance

MaharashtraMaharashtra Municipal Elections 2025: Mahayuti Alliance to Contest Civic Body Polls Together, Says CM Devendra Fadnavis

Maharashtra'Remembered the Advice My Mother Gave Me': Supriya Sule On Her WhatsApp Status

Maharashtra'Will Give News Soon': Uddhav Thackeray's Big Statement on Possible Alliance of Shiv Sena UBT and MNS