Category Archives: Associations

Badri Nath Bajaj and Sunil Gupta bestowed with Hall of Fame award at IATO Convention

IATO honoured Sunil Gupta, Director, Travel Bureau Agra and Badri Nath Bajaj, Founder, Perfect Travels & Tours, with their Hall of Fame award at its 37th annual convention that kicked off in Lucknow, UP. The awards were given away by Ashwini Kumar Patra, Minister of Tourism, Govt of Odisha and Arvind Singh, Secretary Tourism, Govt of India.

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Great sessions, brainstorming and ideas to make convention meaningful: Rakesh Verma

Rakesh Verma, Additional Secretary, Tourism, has said that IATO has organized some great sessions and there will be brainstorming on various issues on how industry can accelerate growth and how both government and industry can work together. “I think this will be a very meaningful convention with lot of ideas to benefit the sector,” he added.

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Convention to raise the bar for inbound & workout strategies for quick recovery: Arvind Singh

Arvind Singh, Secretary, Tourism, in his address at the convention, said, “Domestic tourism has revived and is significantly above pre-COVID levels. “As the theme is ‘Inbound tourism – What Lies Ahead’, I hope this convention contributes to raising the bar for inbound tourism and everyone would workout strategies for faster recovery,” he added.

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WTTC announces collaboration with UNWTO and Sustainable Hospitality Alliance, commits to vision to halt and reverse biodiversity loss by 2030

During COP15 in Montreal today, the World Travel & Tourism Council (WTTC), United Nations World Tourism Organisation (UNWTO) and the Sustainable Hospitality Alliance (the Alliance) announced a new collaboration which will bring together the public and private sectors in a shared vision to halt and reverse biodiversity loss by 2030. The vision sees the global Travel & Tourism sector supporting and inspiring governments, businesses, and society to implement the post-2020 Global Biodiversity Framework and help to transform our relationship with the natural world. Signatories to the vision have committed to adopt a nature positive approach to tourism through integrating biodiversity safeguards by reducing carbon emissions, the impact of pollution, the unsustainable use of resources, and by protecting and restoring nature and its wildlife. New governance and business models, enhanced capacity to monitor positive change and scaling up green jobs are all part of the solution as we move ahead together This collaboration follows the release of WTTC’s ‘Nature Positive Travel & Tourism’ report, which was created jointly with ANIMONDIAL, and focuses on halting and reversing damage to nature so the living world can recover from its current depleted state. This involves minimising ongoing harm and taking positive action to restore nature to produce an overall benefit to biodiversity and help achieve Net Zero. Almost 150 organisations have signed up to the vision so far including international hotel groups, tour operators, travel agents, destinations, and international wildlife charities. Complementing the power of the private sector, UNWTO, as the voice of tourism at the global governance level, will work to bring governments and international organisations on board and announce the shared vision of tourism as a pillar of wildlife conservation and habitat …

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Delhi HC refuses MMT’s stay appeal against NCLAT order to deposit penalty: FHRAI

Jaison Chacko, Secretary General, Federation of Hotel and Restaurant Associations of India (FHRAI), has revealed that the Delhi High Court has dismissed the writ petition filed by MakeMyTrip (MMT) challenging the order passed by the Ld. NCLAT to deposit 10 per cent penalty amount for entertaining the appeal against the Competition Commission of India (CCI’s) order.

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Airlines expected to register small $4.7 bn profit in 2023 after $6.9 bn loss in 2022

International Air Transport Association (IATA) has revealed that in 2023, airlines are expected to post a small net profit of $4.7 billion—a 0.6% net profit margin. It is the first profit since 2019 when industry net profits were $26.4 billion (3.1% net profit margin). In 2022, airline net losses are expected to be $6.9 billion.

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