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Kashmir tourism loses Rs. 3,000 Crore due to unrest

Hotels in the Valley have around three per cent occupancy this year compared to 90 per cent last year

Policy Pulse
Publish Date: Sep 25 2016 11:15AM | Updated Date: Sep 25 2016 11:06PM

Kashmir tourism loses Rs. 3,000 Crore due to unrest

Tourism sector in Kashmir has badly affected and lost around Rs. 3,000 crore due to the 77-day ongoing unrest in the Valley. This unrest resulted in sharp decline of global and country tourists.


According to preliminary estimates, tourism department officials said the key sector of state's economy has suffered a loss of around Rs. 3,000 crore due to the unrest.


Unrest is persistent since July 9 following the killing of Hizbul Mujahideen commander Burhan Wani in an encounter with security forces a day earlier.


"The tourism destinations and hotels both in private and government sector have been worst affected and most of the hotels are left with zero occupancy," they said.


While around three lakh tourists had visited Kashmir between July and September last year, the tourist footfall in the Valley is almost negligible, the officials said.


A total of 10,059 tourists visited the Valley in between August 1 to 12 against 89,243 tourists during same period last year, as per the tourism department report.


The officials said several film crews who were scheduled to be in Kashmir for shooting of films during summers also changed their destination in view of the prevailing situation in the Valley.