TravTalk: How Much have we Suffered?

“More airlines have furloughed and initiated pay-cuts, whereas in hotels the quantum of terminations is way higher. The forecast is likely to be bleak in the absence of government-supported bail- outs for these companies and lack of unemployment schemes for the workforce being laid off or furloughed,” observes Virendra Jain, Co-founder and CEO, VIDEC.

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