Tag Archives: Chairman

Steve Borgia’s INDeco Hotels signs on BluSalz Hospitality to manage its properties

Steve Borgia, Founder and Chairman of INDeco Leisure Hotels, has signed an agreement with Sanjay Sharma, Founder and CEO of BluSalz Hospitality, for the management of the former’s properties. The agreement was signed on July 20 at Yercaud in Tamil Nadu. INDeco hotels are rural-centric and work to rebuild the neighbourhood and local communities.

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Red Apple Travel to exclusively market Bento Resorts under new partnership

Bento Resorts has entered a partnership with Red Apple Travel, a global giant in the business of travel and hospitality. Under the new deal, Red Apple Travel will exclusively Market Bento resorts. Manish Tandon, Chairman, Bento Resorts said, “We wanted to bring more flavour and flair to the industry and therefore wanted to expand the scope and area of our operations within the country.”

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Faith associations meet new Tourism Minister G Kishan Reddy

A number of FAITH association heads met with the new Cabinet Minister of Tourism, Culture and DoNER, G. Kishan Reddy and welcomed him on his taking over the charge in his office. The delegation comprised of Nakul Anand, Chairman, FAITH; Rajiv Mehra, President, IATO & Hony. Secretary FAITH, Jyoti Mayal,  President, TAAI & Vice Chairman FAITH, P.P. Khanna, President, ADTOI & Board Member FAITH; and Ravi Gosain, Vice President, IATO. Members of the delegation assured full support to the Minister for the revival of tourism and sought similar support from him. The Minister assured all his support to the industry.

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EbixCash progresses toward prospective IPO in India

EbixCash Private Limited is progressing towards its prospective IPO, reveals Robin Raina, Chairman, President & CEO Ebix Inc. The company has appointed S Ravi, as a new independent director to the EbixCash Board. Ravi is presently serving as the Chairman and Director of Tourism Finance Corporation of India. “As the Chairman of Tourism Finance Corporation of India, he also has a thorough understanding of the travel industry. All of these attributes are extremely valuable to his role on the EbixCash Board as we chart our next cycle of growth and progress towards the prospective IPO,” said Raina.

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Collaboration at government level crucial for tourism recovery: Taleb Rifai

Speaking at the Arabian Travel Market that concluded its in-person element on May 19, Taleb Rifai, Chairman, International Tourism and Investment Conference (ITIC) and former Secretary General, UNWTO, said, “Governments must come together. They must work together. There is no sense in any country working on its own anymore.” The virtual element of ATM will take place from May 24-26.

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JK Mohanty writes to PM Modi for stopgap measures to battle cash crunch

In his letter to the PM, JK Mohanty, Chairman, IATO – Eastern Region and Co-Chairman, FICCI – National Tourism Committee, has suggested measures to battle the financial crunch, including extension of moratorium for a year with minimal interest rate, one-time rescheduling of principal and interest dues of borrowers in hospitality in line with revised estimated cash flows of each project, among others.

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IATO restructures its state chapters, appoints new chairmen and co-chairmen in in Rajasthan, Uttar Pradesh, Sikkim, Andaman & Nicobar, Manipur and Tripura

The IATO Executive Committee recently reviewed and restructured the IATO Regional and the State Chapters to expand its wings and strengthen its membership base in Uttarakhand, Ladakh, Lakshadweep, Dadra, Nagar Haveli, Daman & Diu. In continuation, IATO has further expanded its wings by appointing Co-Chairman and in-charge in various states and union territories. Rajasthan being a large state with a strong membership basis was considered to have a Co-chairman and Mahendra Singh of Holidays N Vacations, Jaipur has been appointed as Co-Chairman of Rajasthan. It was for a long time in the mind of IATO EC to have a Co-Chairman of Uttar Pradesh who should be based in Varanasi, keeping in view the importance of Varanasi as a big tourist attraction,  both for international and domestic tourists and Bhuvanendra Vikram Singh of Prime Value Tours Pvt. Ltd has been given this responsibility. Sikkim being a prime tourist destination needed a Co-Chairman, keeping in view the distance between North Bengal and Sikkim.  Namgyal P Sherpa of Namgyal Treks & Tours, Gangtok has been appointed as co-chairman to assist the Chairman of Sikkim and North Bengal Chapter who is based in Siliguri, Darjeeling. Similar is the case of Andaman & Nicobar and Mohamed Jadwet has been appointed as Co-Chairman in Andaman & Nicobar to assist the Chairman based in Chennai. Besides the above, two-state in-charge have been appointed in Manipur & Tripura to assist Chairman of IATO North East Chapter and H Radhakrishna Sharma, of Seven Sisters Holidays and Soumen Dutta of Hindustan Tour & Travels have been appointed State In-Charge of Manipur and Tripura respectively. Rajiv Mehra, President of the Indian Association of Tour Operators (IATO) expressed his happiness and mentioned …

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IATO Gujarat leads #JanAndolan to adopt safety precautions

Randhir Singh Vaghela, Chairman, Gujarat Chapter, IATO, is leading the #JanAndolan campaign that aims to spread awareness about the safety precautions that the industry needs to follow strictly. He says, “I request the travel industry stakeholders to join #JanAndolan for everyday preventive actions to reduce the spread of COVID-19. We must strictly follow three things: wearing a mask at all times, sanitising hands on a regular basis and keep social distancing. For tourism to re-open safely we all have to adhere to this new normal.”

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Acquisition helps bridge our B2C and B2B business models: Adani

Explaining the thought behind the recent acquisition of controlling interest in the Mumbai Airports, Gautam Adani, Chairman, Adani Group, says, “The Mumbai International Airport is absolutely world-class and I compliment the GVK Group for having built such an outstanding airport. The addition of the Mumbai International Airport and the Navi Mumbai International Airport to our existing portfolio of 6 airports provides us a transformational platform that will help shape and create strategic adjacencies for our other B2B businesses. This acquisition helps us redesign the way we will serve our customer base and bridge our B2C and B2B business models.”

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