Tag Archives: tourism

Tourism to contribute $12,450 billion to global GDP by 2028: WTTC

A recent report by World Travel and Tourism Council (WTTC) suggests that total contribution of tourism to global GDP will grow to USD 12,450.1 billion (11.7% of GDP) by 2028. Further, according to the report, total employment contribution of tourism sector accounts for 9.9 per cent of global employment in 2017, supporting twice as many jobs as financial sector. Travel & Tourism investmentA recent report by World Travel and Tourism Council (WTTC) suggests that total contribution of tourism to global GDP will grow to USD 12,450.1 billion (11.7% of GDP) by 2028. Further, according to the report, total employment contribution of tourism sector accounts for 9.9 per cent of global employment in 2017, supporting twice as many jobs as financial sector. Travel & Tourism investment in 2017 was $882.4 billion, or 4.5 per cent of total investment. It is projected to rise by 4.3 per cent per annum over the next ten years to $1,408.3 billion in 2028 (5.1% of total). Tourism contribution to global GDP (10.4 per cent in 2017) is higher than many other sectors.

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Over 200 agents from Chennai attend Karnataka Tourism roadshow

With an aim to increase tourists from Tamil Nadu, the Department of Tourism, Government of Karnataka recently organised a roadshow in Velacherry, Chennai to promote tourist places, hotels, resorts, homestays and service providers from Coorg and Karnataka. This B2B roadshow had over 200 travel agents from Chennai and over 35 discerning trade partners from Coorg. The event was aimed at showcasing the scenic beauty of Coorg which succeeded in being one of the most vibrant editions that the Karnataka Tourism had ever seen. The main objective of Karnataka Tourism is to promote Coorg as leisure, MiCE and wedding destination in the Indian market. Under the theme ‘Destination Coorg’, this is aimed to promote the different hotels, resorts and service providers from Coorg and Karnataka. The roadshow was inaugurated by Sadananda, Vice President, Hotel & Restaurant Association of Coorg, in presence of N Ravindra, Deputy Director, Karnataka Tourism, and Rathnakar, Jungle Lodges & Resorts. The roadshow brought together different aspects of the tourism products in Coorg like natural beauty, adventure, pilgrimage, coffee tourism, homestay experiences and many more to the Chennai and Tamil Nadu market.

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Hong Kong International Tourism Convention underway

At a time of increasing unilateralism and protectionism, tourism is a welcome tonic – a buoyant multilateral embrace of shared experience, cultural co-operation and people-to-people bonds, said Carrie Lam, Chief Executive, Hong Kong Special Administrative Region at the Hong Kong International Tourism Convention underway from December 12. There were two plenary sessions at the convention. The first one talked about the implications of the Belt and Road Initiative on the development of international tourism, while the second one deliberated on the relationship between the development of the Guangdong-Hong Kong-Macao Greater Bay Area and regional and international tourism. She informed that multilateral co-operation is no less central to the Belt and Road Initiative and to tourism development. “Easing visa regulations, expanding flight connections, enhancing cultural co-operation – these and other considered measures can only help boost tourism.” She also said, “Hong Kong is an international hub for professional services, from financial and legal, to architectural, communications, transportation management and many more. We have the expertise, the experience and the institutions to provide services to other economies along the Belt and Road on tourism infrastructure developments, as well as train professionals for the tourism industry.” Talking about the Greater Bay Area, she said, “Closer to home, the Greater Bay Area has the means to rival Tokyo, San Francisco and New York – the world’s three renowned bay areas – in tourism potential. With a collective population of 70 million, the Bay Area boasts a combined GDP of some US$1.5 trillion. At the same time, the Greater Bay Area is an important source market for other economies given its high level of affluence.”

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Tourism is the future of India: Alphons at 14th CII Annual Tourism Summit

Addressing delegates during the inaugural ceremony of 14th CII Annual Tourism Summit in Delhi, KJ Alphons, Union Minister of State (I/C) Tourism, said that tourism is the future of India. “Tourism is the future of the country. Foreign tourist arrivals (FTAs) have gone up by 14 per cent, while the global figures were at 7 per cent. Approximately, 84 million people are currently employed by the tourism industry across the country,” he said. Suggesting ways to keep tourists for longer in the country, he said, “We are also thinking in terms of further visa reforms. I think Yoga and Ayurveda are the two things that can bring wellness and help us to keep tourists for longer in our country. Tourism is about jobs, money and bringing the world together. We have ambitous targets and we all can achieve them together.”

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India’s capital expenditure was 11% in tourism between 2011-17: Khwaja at Travel MiCE Show

Speaking at the 5th edition of the Travel MiCE Show at the Hyderabad Marriott Hotel & Convention Centre, RH Khwaja, Former Secretary, Tourism, revealed that India’s capital expenditure was 11 per cent in tourism between 2011-17. He further said that India is growing in MiCE sector and there is a need for quality in terms of offering MiCE services. Besides, he insisted that India needs to work on its domestic products, apart from foreign exchange earnings by inbound tourists.

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TAAI and Yunnan sign MoU for tourism development

The Travel Agents Association of India (TAAI) has signed a Memorandum of Understanding (MoU) with the Yunnan Provincial Department of Tourism and Culture on the second day of the ongoing 65th TAAI Annual Convention in Kunming, China. The objective was to promote tourism between India and Yunnan. Both the regions will work towards developing a framework for cooperation, acknowledging the success which resulted in the convention being organised in Yunnan province.

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13 Indian buyers participate at ‘Queensland on Stage India 2018’ in Gold Coast

A total of 13 Indian buyers including top travel companies from across India, Tourism Australia and Malaysia Airlines, marked their participation at ‘Queensland on Stage India 2018’ at Top Golf, Gold Coast held on November 20. Around 17 Queensland sellers exhibited their offerings at the event. Speaking on the occasion, Ryna Sequeira, Country Manager of Tourism and Events Queensland in India said, “Queensland witnessed a 17 per cent growth in June 2018 and welcomed around 78,000 Indian visitors. We have seen a strong year-on-year growth out of the market. We thank all the Indian buyers for their consistent business to Queensland and the sellers who believe and invest in the market.” The event provided participating operators the opportunity to meet with Indian agents to enable them to expand their product knowledge; look for new and exciting experiences and products; and to build on existing relationships.

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Tourism likely to contribute 3.5 per cent to India’s GDP by 2027

The direct contribution of travel and tourism sector — which reflects the net value of output generated by hotels, airlines, travel agents, other passenger transportation services (excluding commuter services), and restaurants and leisure industries directly supported by tourists — was expected to rise 6.9 per cent YoY in 2017, suggests a FICCI-KPMG report. This accounts for 3.3 per cent of the country’s GDP, and is expected to form 3.5 per cent of it by 2027. In accordance with its GDP contribution, the sector contributes significantly to job creation. The sector directly accounts for 5.8 per cent of the total employment in India. Further, the Indian travel and tourism sector is expected to have attracted capital investment of Rs 2,387.7 billion (USD35.2 billion) in 2017 — accounting for 5.7 per cent of the total national investment.

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Tourism Secretary, Rashmi Verma, inaugurates India pavilion at WTM London 2018

The India pavilion at World Travel Market 2018 in London was packed with activities for the trade and consumers alike. Addressing a press conference, Rashmi Verma, Secretary-Tourism, Government of India, enlisted the achievements of the Ministry. Accompanying Verma were Pramod Kumar Singh, Tourism Minister, Bihar; Vellamandi N Natarajan, Tourism Minister, Tamil Nadu; Aashima Mehrotra, Director, Ministry of Tourism and Charanjeet Singh, Deputy High Commissioner of India to the UK. Verma highlighted, “Last year has been a very good year for India tourism with a growth of about 14 per cent in foreign tourist arrivals and about 19 per cent in terms of foreign receipts, much more than the global growth of 6.8 per cent. We also crossed the 10 million mark for the first time. This was possible because of our adoption of the multi-pronged strategy. We focus hugely on creating world-class infrastructure in and around our tourist sites.” She pointed out, “Incredible India 2.0 campaign is more thematic in nature. Looking at the needs and demands of major markets like the US and the UK, we have made some thematic films on niche products like adventure, yoga, Ayurveda, etc. This campaign focuses heavily on social media besides print and electronic media. We are hopeful that through this new Incredible India campaign we will be able to encourage people to revisit india, stay longer and experience the various products we have on offer.” The MOT also recently concluded two new events — India Tourism Mart (ITM) and Paryatan Parv —to create awareness about India both internationally and domestically. “More than 250 foreign buyers participated at the first-ever ITM. Buddhist Conclave was also held to showcase various Buddhist destinations in India.” The key initiative of introduction …

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Goa reaffirms commitment to stay ahead in the tech-intensive industry on World Tourism Day

Goa Tourism has been contributing immensely to the digital transformation of the country’s travel sector. Goa Tourism through Goa Tourism Development Corporation (GTDC) recently launched Goa Miles, an app-based taxi service to streamline the entire tourist transportation process within the state. GTDC has also launched an e-commerce portal and a mobile application to provide tourists a digital experience of Goa. Visitors can browse through various options ranging from holiday packages, hotel bookings to adventure trips, spice gardens and water parks, among others. Speaking on the occasion of World Tourism Day, Goa Minister for Tourism Manohar Ajgaonkar said, “At a time when tourism boards are competing hard, Goa Tourism has gone ahead to increase its reach to the world and the results are visible. From digitalising our internal processes to our tourism services, Goa Tourism has come a long way in this digital transformation. I wish our tourism partners, stakeholders and each and every visitor to Goa a pleasant experience with Goa Tourism.” Goa Tourism recently launched an aggressive social media campaign ‘Tourism by Tourists’ to promote Goa as a ‘must-visit’ destination. To achieve this, Goa Tourism partnered with over 500 amateur photographers (through crowd-sourced Instagram activity: #PickMyGoaPic), more than 100 bloggers and 30 YouTube content creators to harness their content while touring Goa. The content shared by them was amalgamated into a video promoting Goa as a ‘must-visit’ destination. The campaign bagged a Gold at the National Tourism Awards by the Tourism Ministry for ‘Best use of Social Media in promotion of a Tourism Board’ in 2017.

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