How will the Coronavirus Omicron variant impact travel, hospitality sector? What WHO says on the travel ban? All explained here

Amidst the increasing panic due to the new Covid variant, Omicron, WHO released a statement that a travel ban is not the solution. Zee Business' Managing Editor and Market Guru Anil Singhvi spoke to Research Analyst Ashish Chaturvedi at Zee Business, where he explained the impact of the new variant on tourism, travel, and the hospitality industry.

In response to Anil Singhvi's questions, Ashish Chaturvedi said, "The market sentiment is very positive. If you go back around 2 years, WHO advised every country in support of the travel ban and lockdown and considered complete lockdown as the only solution to curtail the coronavirus.

"But, now WHO has explained that the spread of COVID can't be stopped by travel ban or lockdown, but only vaccination can help control the spread of the virus and its new variant," Ashish added.

Citing WHO data and statements, Ashish explained why the travel ban is not the solution. He said, "Looking at how the world implemented several restrictions on South Africa after Omicron showed up. There is a high chance that many countries will try to hide if a new variant like Omicron emerges." "Countries need to disclose the information to the world in order to fight the pandemic," Ashish added.

Ashish also talked about how the Maharashtra government has implemented stringent restrictions for international and domestic travellers. Which may have impacted the tourism sector sentimentally.
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ओमिक्रॉन की खबर का टूरिज्म, हॉस्पिटैलिटी सेक्टर पर कैसा
असर?#WHO की तरफ से 'Good News'

ट्रैवल बैन नहीं समस्या का हल: WHO

टूरिज्म से जुड़े शेयरों पर रखें नजर

जानिए पूरी खबर आशीष चतुर्वेदी से...#Hotels | #Hospitality | #StocksToBuy | #StockInFocus@AnilSinghvi_ @AshishZBiz pic.twitter.com/XvwnrZXqJ8

— Zee Business (@ZeeBusiness) December 2, 2021

Ashish also stated his discussion with Mahindra Holidays’ management and said, "I talked about the impact on Omicron and Maharashtra's restriction on the travel industry. To which they replied that it hasn't been affected so far."