gooruupriiit

TTAG met with Union Tourism Minister G Kishan Reddy to discuss issues including Goa charter operations in

TTAG met with Union Minister of Tourism, Culture & DoNER, G. Kishan Reddy & Minister of State for Tourism, Port Shipping & Water Ways Shripad Naik, to discuss issues like E-visa, extension beyond 5 lakh visas, uniform music license, Goa charter operations, restrictions from police department during elections, simplifying GST & TCS structure, transport challenges, etc., faced by tourism industry.

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ATOAI updates the criteria for the active membership category

ATOAI’s active membership criteria has been revised. “We want people who’ve been actively involved in adventure travel, have their own equipment, guides, and manage adventure activities themselves, while those who promote adventure travel through operators continue to be in the associated group. The genuine active members are those who have their own operations.” stated Vaibhav Kala, Vice President, ATOAI.

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MOT to soft-launch Incredible India sub-brands at Dubai Expo from 3rd January

The MOT, in alliance with FICCI, will host a series of events to showcase and promote Incredible India, at Dubai Expo 2020 from January 3 to 14, 2022. The Ministry will highlight and promote India’s tourism potential. Discussions and presentations will be held during these ten days, as per the calendar of events finalised by the Ministry and the industry partner FICCI.

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Rate per room has largely returned to pre-covid levels at leisure locations: HAI

As per press release by Hotel Association of India, The room rates have mostly returned to pre-covid levels at leisure locations. 2022 will be a year of hope, survival, and subtle recovery for the hotel industry in India. “Our industry is alive to the new trends that will shape the future—like use of technology, digitalisation, sustainable practices and increasing productivity in business,” stated M.P.Bezbaruah, Secretary General, HAI.

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No night curfew for now as it may affect tourism, says Goa CM

The Goa govt. has decided, not to implement a night curfew for the time being in order to protect the tourism industry during the Christmas-New Year festival season. Pramod Sawant, CM, stated, “As a tourism destination, imposing an immediate night curfew is not realistic. We’ll need some time. Tourists have been urged to exercise extreme caution.”

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TAFI to take up the issue of non-refundable fares charged by some airlines with DGCA

At the TAFI Western India’s year end Chapter meeting held in Mumbai, many members expressed their concern with airlines that have made a lot of fares, including Business Class, totally non-refundable – even disregarding the claims of people affected by COVID. President, Ajay Prakash said, “TAFI would take this up strongly with the airlines and with DGCA.”

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Indian airports are estimated to require $77bn of capex over the next 20 years: CAPA India

There is a rapidly growing pool of #ESG financing available – estimated at close to $3 trillion – though Indian airports will need to improve their ESG risk rating to attract such capital. Indian airports are estimated to require $77bn of capex over next 20 years that will consist of $54bn of debt and $23bn of equity. $3.0-6.4bn of funding will be needed every year till FY2042.

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Vistadome services launched by Railways will boost tourism & connectivity in the North-Eastern region: Reddy

The Naharlagun-Tinsukia vistadome train service will provide breath-taking views of the Brahmaputra River. Tourists and passengers can enjoy the scenic views of the mountains and the Himalayan range. The rail route passes through Bogibeel bridge, rain forests, tea gardens along the railway track. Both the railway routes shall cover historic sites of the Assam state.

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Marvel Tours get into hospitality with Moksha Villas: Sejoe Jose

Sejoe Jose, MD, Marvel Tours and Chairman – IATO Southern Region, has said that they have started new villas called Moksha Villas. “We have as Marvel Tours moved into the hospitality sector as well In fact, now we have several villas around Kerala, which is giving us a lot of business. Hence, 2021 made me put new hat to survive this crisis. We hope that in 2022, things start getting better for us, as well as the industry at large.”

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Leading global travel distribution platform TBO.com files draft papers to raise Rs 2,100 crore via IPO

The IPO consists of a fresh issue of Rs 900 crore and an offer for sale (OFS) of Rs 1,200 crore by its existing shareholders and promoters. The proceeds from the fresh issue will be used for the company’s growth, strengthening of its platform by adding new buyers and suppliers, for strategic acquisitions and investments towards inorganic growth. Axis Capital, Credit Suisse Securities India, Jefferies India, and JM Financials are the book running lead managers to the issue. TBO is a global travel technology company focused on providing a range of travel services to its buyers (travel agents, TMCs, Super Apps and tour operators) across the world. The company have also constituted a stellar board of independent directors.

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