The hoteliers across Kashmir valley have cut down the staff due to slump in tourism industry with over 50,000 people losing jobs after the occupancy fell down to 15 percent. The drastic decline in number of tourists visiting the State has resulted in job losses even in the high-end hotels. Officials said the occupancy has declined across the different hotel ranges and is even less than 15 percent in some low-end segments. “Kashmir has witnessed near 2 lakh decrease in the tourist numbers against last year’s arrival of 11 lakh…
Read MoreTourism slump costs 50000 jobs in Kashmir
