Category Archives: Associations

India market to double in 5 years, domestic tourism to continue its growth, says PATA CEO

The Indian market Is likely to double in the next five years, said Noor Ahmed Hamid, CEO of PATA, while speaking at a PATA India event in New Delhi. He said, “However, it will not reach the size of China and will remain the third-largest in the world. India is growing on the domestic front with its population propelling business of tourism in India.”

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South Asia, including India, will be a powerhouse of tourism in next 5 years: Prof Haiyang Song

According to Prof Haiyang Song, Associate Dean at the School of Hotel and Tourism Management, The Hong Kong Polytechnic University, South Asia, including India, is going to be a powerhouse of tourism in the next 4-5 years. “Tourism will fully recover to per-pandemic level in 2024 and exceed the pre-pandemic level in 2026 by 58.5% and 20.5% in mild and medium scenarios, respectively. The Union Budget 2023 will improve tourism infrastructures to accommodate potential demand surge, and possibly launch Incredible India! 3.0,” he said.

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Tourism and Hospitality sector to generate 50 million jobs in 5-7 years: Puneet Chhatwal

Speaking at the 6th HAI Hoteliers’ Conclave, Puneet Chhatwal, President, Hotel’s Association of India (HAI), shared that tourism sector is likely to create 50 million direct and indirect jobs in next 5-7 years, but the government must support tourism members to achieve full industry status, which will help in generating employment.

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Hotel Association of India focuses on ‘Hospitality – The Engine for GDP Growth & Employment’ at 6th HAI Hoteliers’ Conclave

As India stepped into the “Amrit Kaal” on the country’s 75th Republic Dayand embarked upon the journey of realising the vision 2047 for a ‘New India’, the Hotel Association of India (HAI) has geared up to host the 6th edition of its signature event, the HAI Hoteliers’ Conclave on 12 February 2024 at The Taj Palace New Delhi. Titled “Hospitality – The Engine for GDP Growth and Employment”, the daylong conference will be attended by hospitality professionals, including hotel owners and CEOs, policymakers and professionals from all aross the country. The conclave will be addresses in different sessions by Smriti Irani, Minister of Women and Child Development, Government of India; lieutenant Governor of Delhi Vinai Kumar Saxena; Amitabh Kant, G20 Sherpa, former CEO Niti Aayog; V. Vidyavathi, IAS, Secretary, Ministry of Tourism, Government of India. The event will be led by Puneet Chhatwal, President, HAI and Managing Director & CEO, IHCL, and KB Kachru, Vice President, HAI and Chairman Emeritus & Principal Advisor (South Asia), Radisson Hotel Group. Rohit Khosla, Conclave Convenor and Executive Vice President – Operations, North and West India, IHCL said, “The programme has been curated with the objective of bringing key decision makers in the hospitality sector together on a single platform to debate lessons learnt, assess future problems and opportunities, and determine a progressive growth path for the industry. The year has started well mostly on account of Events and domestic and we are really excited to discuss and grow together.” The inaugural address will be delivered by Amitabh Kant, G20 Sherpa, former CEO Niti Aayog and the architect of the brands God’s Own Country and Incredible India. In addition to delivering a keynote address, …

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Overseas promotion budget inadequate, says IATO chief, seeks govt intervention in the matter

Rajiv Mehra, President, IATO said, “Every nook and corner in India is covered with foreign tourists; they bring in more foreign exchange and employment. One foreign tourist, directly or indirectly, generates 9 jobs. With the current allocation for overseas promotion, we will lose all that. IATO has written to the Ministry of Tourism to take up this matter with the Finance Minister, highlighting the issue in the overseas budget allocation that needs rectification.” 

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IATO appreciates increase in budget allocation, suggests organising more international publicity campaigns

Appreciating an increase in budget allocation to the Tourism Ministry in Interim Budget 2024, Rajiv Mehra, President, IATO, said, “Though we welcome the increase in budgetary allocation to  ₹2,000cr from last financial year’s  ₹1600cr and mention of branding in the budget speech of the FM, we must remember that unless we don’t do roadshows overseas, familiarisation trips and publicity campaigns abroad till then we would not be able to draw tourist to our country.”

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