Tuesday, 9 February , 2021     |     1062      |      +      |     

COVID-19: Kuwait travel agencies losing KD 8 million per month

COVID-19: Kuwait travel agencies losing KD 8 million per month : Google

Since the COVID-19 pandemic began around a year ago, the average operating loss of 459 travel offices each is around KD 8 million a month, the chairman of the Board of Directors of the Federations of Tourism and Travel Offices, Muhammad Al Mutairi stated.


The recent travel restrictions that went into effect on Sunday, could impact travel agencies even further as non-Kuwaiti are barred from entering Kuwait for two weeks, meaning less tickets booked.

Part of the new restrictions requires that all travelers, citizens and residents, that enter the country after February 21 quarantine in a hotel for seven days.

Al Mutairi stated, “we demand that institutional quarantine hotel reservations for those coming to Kuwait be through travel offices in an attempt to provide them relief from their accumulated losses.”

Decline of travel offices

Furthermore, the reduction of incoming passengers has also had an effect on travel offices as only 1,000 passengers are permitted to enter Kuwait per day. When the decision was first announced on January 24, around 60,000 airline reservations were cancelled.

Travel bureaus in Kuwait are not alone, as the worldwide travel industry saw a decline of 42 per cent in 2020, Investopedia reported.

With the ongoing travel restrictions and decline of tourism around the world, travel offices are struggling to pay rent and salaries, let alone make a profit.

Kuwait Today Business Subscription

Keywords:
Category: #Business, #Coronavirus, #Government | 2021/02/09 latest update at 10:00 PM
Source : Gulf News | Photocredit : Google
1063
Comments Add comment

Latest Comments


  
  LinkedIn Gulf Media

Sponsored Publications


Related Articles

The editorial staff of Kuwait Media would like to give all of its readers from Gulf and Kuwait and the whole world the opportunity to participate actively in the development of the website! If you have something interesting, fun, scandalous - just something worth to be seen from more people. Capture it and share it in the Kuwait Today with a short text.

Do you have information you want to reach our readers?

Send article/s

You can subscribe to our Facebook, Twitter and Google pages or use our RSS feed channel to always read the most important news about Kuwait, the Gulf and the world.


Latest searches in Kuwait Today