Category Archives: Associations

World Economic Forum Index: A benchmarking tool

The World Economic Forum published its 2024 edition of its Travel & Tourism Development Index (TTDI) which measures factors and policies that enable sustainable and resilient development of the tourism sector. It offers insights into tourism economies’ strengths and areas for improvement, and the interconnected nature of tourism development, as well as facilitating strategic planning and multistakeholder dialogue to encourage sustainable growth.     United States The United States is the top scorer in the TTDI and the largest contributor to T&T GDP, both within the Americas region and globally. While the recent increase in sector wages has helped contribute to climbing operation costs, it has also helped partially bridge the T&T sector’s historically low wages in countries such as the United States. Thanks to typical advantages ranging from favourable business environments and open travel policies to well-developed transport, tourism and ICT infrastructure and natural, cultural and non-leisure attractions, United States ranked highest.   Portugal The growth in ‘bleisure’ travel and digital nomads has created new opportunities for businesses and destinations that can offer favourable conditions for business travel and leisure activities. In particular, economies that combine strong ICT infrastructure and healthcare standards, relatively reasonable cost of living, favourable visa policies and rich tourism attractions rank among the most attractive for digital nomads, with countries like Portugal and Spain ranking among the top for attractiveness for this new market.   Uzbekistan Newly ranked developing country of Uzbekistan experienced the greatest growth in TTDI scores between 2019 and 2024. While most high-income economies have experienced slight changes in their TTDI scores, the performance of Uzbekistan (+7.8%, 94th to 78th) has shown the most improvement in both score and rank compared to …

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India climbs to 39th position in World Economic Forum Index with largest tourism sector in South Asia

The 2024 edition of the Travel & Tourism Development Index (TTDI) released by World Economic Forum states that India has climbed to the 39th position, while US topped the list. India also ranks the highest in South Asia among the lower-middle-income economies. Earlier, India was ranked 54th in 2021 published index. Covering 119 economies, the TTDI measures the set of factors and policies that enable the sustainable and resilient development of the sector, which in turn contributes to the development of a country.

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MTF invites trade to participate in Melangé, an industry event designed to create new friendships and business collaborations

MTF invites the travel trade industry to Melangé, an exclusive industry partnership event designed to create new friendships and business collaborations. This unique, focused, and dynamic two-day event to be held on 19 & 20!Sept 2024 is tailored for exhibitors and buyers of diverse travel products. Special offers are available for early birds who register before 31st May. MTF Style Event at one of the most premier venues in India –  Jio Convention Centre BKC. Pradeep Saboo, Organiser, MTF, says, “We understand the power of meaningful connections and innovative collaborations. Our event offers a carefully curated environment where your products and services will be showcased to an audience of discerning buyers ready to explore new opportunities. Melangé is your platform to engage with industry leaders, present cutting-edge travel solutions, and foster impactful business relationships. Join us at Melangé, elevate your brand, connect with key decision-makers, and be part of an event that prioritizes quality interactions over quantity. Seize this opportunity to network, inspire, and be inspired. Let’s create a vibrant mosaic of collaborations and drive the travel industry forward together. Your participation at Melangé is not just an exhibition; it’s an investment in the future of travel.” A special offer is available for exhibiting partners is available. Registrations done before 31 May, 2024 will lead to : A) 50% discount on the published price B) With Category D, a Gold Sponsorship will be offered gratis C) With Category E, a Platinum Sponsorship will be offered gratis Register as an exhibitor here:  https://mtf.events/melange-exhibitors-registration/    

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With over 400 delegates from 25+ destinations in attendance, PATA summit signals industry resilience

Recently concluded PATA Annual Summit in Macao has set a new record for industry, attracting an impressive turnout of over 400 delegates from more than 25 destinations. This remarkable number of registrations marks the highest in PATA’s history since COVID, signalling the unwavering determination of industry professionals to rebuild and reimagine tourism.

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PATA Summit in Macao advocates reimagining tourism by endorsing sustainability and inclusivity

While suggesting to reimagine tourism at PATA’s Annual Summit in Peter Semone, Chair, PATA, stated, “To improve existing models of tourism, we have to incorporate principles of ecotourism, promote cultural exchange, leverage technology for more immersive experiences, and prioritise the well-being of local communities.”

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OTOAI ties up for organising mega FAM trip for Indian travel agents to Türkiye from 30 June to 6 July

Türkiye Tourism Promotion and Development Agency announces its partnership with the Outbound Tour Operators Association of India to organise a mega familiarisation (FAM) trip for its members from 30 June to 6 July. The initiative is dedicated to highlighting the myriad attractions of Türkiye to Indian travel agents. A total of 40 OTOAI members from across India will be participating in this exciting endeavour, representing diverse regions and tourism interests.

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New German Passenger Tax increase to weaken German economy and hamper decarbonization: IATA

On 1 May, German taxes on flying increased by 19% to between EUR 15.53 and EUR 70.83 per passenger, depending on the route. The tax will make Germany less competitive in key economic areas such as exports, tourism, and jobs. It will further affect Germany’s air transport recovery from the pandemic, which is one of the slowest in the EU. Germany’s international passenger numbers, for example, are still 20% below pre-pandemic levels.

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Hospitality industry is responsible for 1-2% of global carbon emissions: HRAWI president

Speaking about how India’s hospitality sector is leading the charge for sustainability, Pradeep Shetty, President, HRAWI, says, “This shift towards sustainability is driven by the sector’s acknowledgement of its environmental impact. The hospitality industry is responsible for 1-2% of global carbon emissions, a figure expected to rise. Therefore, it has become imperative for hotels and resorts to take action to mitigate their footprint. The sector aims to reduce emissions by 66% per room by 2030 and 90% by 2050 to prevent emissions from surging.”

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‘Chalo India Roadshow’ to begin after polls, social media global drive to start from ATM Dubai: IATO

Sharing updates about IATO during its monthly meeting, Rajiv Mehra, President, IATO, said, “After the general election when the new government is formed, ‘Chalo India Roadshows’ will take place. He revealed that they will launch a social media global campaign from ATM in Dubai which will start from 6-7 May aimed at fostering growth in M!CE.

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India’s outbound potential and opportunity in transfer traffic via Indian hubs, makes it an exciting long-haul market: CAPA India

According to CAPA India, the combination of India’s outbound potential, supplemented by other South Asian countries as extension markets and the opportunity to capture intercontinental transfer traffic via Indian hubs, makes this arguably one of the most exciting long-haul markets in the world. Indian carriers currently only have around 65 widebodies (of which some are not operational). In contrast, the ME carriers have close to 500 widebodies, of which more than 250 are with Emirates alone. As a result, 6th freedom carriers accounted for the dominant share of long-haul traffic (64%) and ultra-long-haul traffic (80%) to/from India prior to the pandemic.

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