Rajnish Kaistha, Hony. Secretary, IATO, has said that the allocation for tourism budget for overseas promotions have been reduced, which in turn would affect the inbound business, especially when the borders open. “Government needs to allocate higher budgets for overseas promotion, publicity and marketing, along with MDA, because that is needed for our survival. The MDA gives us money to go and participate in the overseas trade shows and promotions abroad so that we get more tourists to start with and also do overseas marketing in an aggressive manner, for which higher budgets are needed. Any reduction in that is going to cause bigger damage in the long run and in the immediate future,” he says.
Read More »Radisson opening one hotel a month in India: KB Kachru
KB Kachru, Chairman Emeritus & Principal Advisor, South Asia, Radisson Hotel Group & VP, HAI about the growth plans for RHG, shared, “Our resort and overall getaway locations are doing well because of domestic tourists. In the last two years domestic tourism has been a huge opportunity. We are growing at the rate of almost one hotel a month, both in opening and signing new deals.”
Read More »Travel & Tourism sector’s contribution to global GDP could reach $8.6 trillion in 2022, says WTTC
As the Travel & Tourism sector begins to recover from the COVID-19 pandemic, its contribution to the global economy could reach $8.6 trillion this year, according to a study by the World Travel and Tourism Council. Prior to the pandemic, the Travel & Tourism sector generated nearly $9.2 trillion to the global economy in 2019. However, in 2020, the pandemic killed the sector, causing a massive 49.1% drop, representing a loss of nearly $4.5 trillion.
Read More »TAFI moots the idea of a Regional visa for neighbouring countries
Secretary Tourism, Arvind Singh had called for a virtual meeting with the Associations and industry stakeholders to discuss and develop “India Vision @ 2047” for the tourism industry. Ajay Prakash, TAFI President gave his inputs and suggested that generating 100 million tourists would require a new mindset among all stakeholders – from luxury hotels and tour operators to the taxi drivers, guides and all other segments of the trade.
Read More »Travel demand remains volatile despite improvement: PATA
Asia is predicted to return to a significant level of dominance, supplying more than 64% of all IVAs into Asia Pacific in 2024, under each of the three scenarios, followed by the Americas and Europe. Overall, while the trends in these latest forecasts are positive, there are still challenges ahead, not the least of which will be containing the spread of the Delta and Omicron variants of COVID-19. As PATA CEO Liz Ortiguera notes, “International travel recovery to and within the Asia Pacific region is projected to return moderately over the next three years. Recovery will be uneven into the various sub-regions and destinations and will most likely still remain volatile over the next few years. Some individual destinations may see success but expedited recovery of the region requires a more collaborative approach.”
Read More »IATO thanks IHCL on rolling out Promo Code Special Rates
Rajiv Mehra, President, IATO has thanked Puneet Chhatwal, MD & CEO and the entire team at The Indian Hotels Company Ltd. for rolling out the Taj Hotels Promo Code Special Rates for IATO Members. In a statement, he has revealed that each member has been given a Unique Agency Code and booking can be done on line without any hindrances. Promo Code Special Rates are exclusively for inbound business only and not valid for domestic leisure and are only for FITs.
Read More »Global tourism grows by 4% in 2021, but remains below pre-pandemic levels: UNWTO
Global tourism experienced a 4% upturn in 2021, compared to 2020 (415 million versus 400 million). However, international tourist arrivals (overnight visitors) were still 72% below the pre-pandemic year of 2019, according to preliminary estimates by UNWTO. This follows on from 2020, the worst year on record for tourism, when international arrivals decreased by 73%.
Read More »Maharaja Express & luxury train charters open new avenues for M!CE in India: Sunil C Gupta
Sunil C Gupta, Chairman-Northern Region, IATO revealed that there have been two corporate charters on Maharaja Express in December, which was almost 2 years after the luxury train operated in March 2020. “It’s the best train in India on IRCTC. This opens another avenue for incentives to happen on luxury trains. It’s a great idea, which has caught on and more groups are likely to operate in May-June, once things normalise,” he said.
Read More »World Travel and Tourism Council India Initiative appoints executive committee members for 2022-23 with Dinesh Khanna as the Chairman
WTTCII, appoints executive committee members for 2022-23 with Dinesh Khanna, Executive Director,Eastern International Hotels Ltd, as Chairman and Deep Kalra, Founder and Executive Chairman, MakemyTrip as Vice Chairman. Dinesh Khanna takes over from Ajay Singh, Chairman and Managing Director, Spicejet who served as Chairman of WTTCII for 2020-21.
Read More »IATO urges Prime Minister to help avert financial crisis facing the industry
The IATO wrote to PM seeking respite in travel norms and financial aid to overcome the crisis that, has worsened after international flights were postponed. Rajiv Mehra, President IATO, with 1,700 members, want the 7 day quarantine to be waived for vaccinated travellers with a negative RT-PCR report and urged the Centre for financial support to small and medium tour operators, to help save lakhs of jobs.
Read More »