Slump in Tourist Arrivals

John Downes's picture

Nepal has experienced a 10% decline in tourist arrivals in 1999, with a 30% decline in the important Indian market. Tourism is an important industry for the mountain kingdom and the principal source of foreign currency. The reasons given for the decline is the number of general strikes, including threatened strikes in the hotel sector. The highjacking of the Indian airlines plane at Kathmandu in 1999 also deterred some visitors.

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