India remains a key source market for Singapore, and Kean Bon LIM, Area Director-India, South Asia, Africa, Singapore Tourism Board, shared insights into their 2025 plans to draw more Indian travellers. “We have a three-city roadshow planned for February in Chandigarh, Mumbai, and Bangalore to further engage with Indian travellers and promote Singapore as a preferred destination,” he said.
Read More »TAFI Convention 2025 concludes in Ninh Binh, Vietnam, to boost numbers to destination: Ajay Prakash
The TAFI Convention 2025 has concluded in Ninh Binh province of Vietnam. Ajay Prakash, President, TAFI, said, “We hope that after this convention, while the number of Indian tourists continues to grow, Ninh Binh will see a greater number of tourists because it is a perfect destination for Indians.”
Read More »Private investment crucial for Indian tourism growth potential: Shekhawat
Gajendra Singh Shekhawat, Minister of Tourism highlighted the crucial role of the private sector in driving the growth of tourism. “The tourism sector, wherever in the world, has grown. The private sector’s initiatives and contributions play a vital role. So, in India as well, looking at the growth and potential of the tourism sector, the investment by the private sector is much solicited” he said.
Read More »Indian hotel prices normal vis-a-vis global standards, scope for growth in ADR: Arjun Sharma
Arjun Sharma, Chairman, Select Group, said, “The industry must recognise that the high prices of hotels in India are considered normal on a global standard. Certain markets seek lower pricing; however, high prices are not a major concern as long as they are backed by exceptional service. The Indian hospitality sector consistently ranks among the top globally in terms of service quality. Thus, it is evident that the sector still has considerable scope for further growth in average daily rates (ADR).”
Read More »Need to widen infra status for providing lower interest rates to hotels: Suman Billa
Suman Billa, Additional Secretary, Ministry of Tourism, emphasised the need for fundamental reforms to boost India’s tourism sector. “We need to widen the infrastructure status, which will provide lower interest rates and longer repayment tenures for hotel properties. This needs to be addressed through coordination between the Ministry of Finance and the RBI. Currently, this is limited to destinations with populations under 1 million. We need to expand this, as without altering the capital structure, investments from private equity and funds will not flow in.”
Read More »ARR up in major cities, Mumbai tops at INR 15,000, Hyderabad sees 30% surge
According to HVS Anarock, November 2024 saw most major markets record an increase in Average Room Rates (ARR) compared to the previous year, except Ahmedabad and Kolkata. Mumbai led the market with the highest ARR of INR 13,500-15,000, while Hyderabad posted the most notable growth, with a 28-30% year-on-year increase.
Read More »We should achieve 2020 arrival figures by March 2025, then we can focus on increasing numbers further: Mehra
Rajiv Mehra, President, IATO, said, “By 31 March 2025, we should achieve the same arrival figures we had in March 2020. Thereafter, we can focus on increasing those numbers further. Hotel rates should stabilise, airfare should stabilise, and the Government of India should immediately begin promoting tourism abroad through both print and electronic media to attract more business.”
Read More »Domestic airfares to mountain destinations surge, New Delhi to Srinagar fares jump 18%: ixigo
As per ixigo, domestic airfares to popular mountain destinations have surged due to rising demand. Flights from Mumbai to Dehradun saw a 13% increase in fares, while New Delhi to Srinagar fares jumped by 18%. Jammu emerged as a hot destination, with bookings up by 147% year-over-year (YoY).
Read More »Indian government must incentivise SAF production to boost aviation & tourism: Julia Simpson
Julia Simpson, President and CEO, WTTC said, “We are keen to talk to the Indian government to ensure that it is reaching out to the aviation sector to help produce more sustainable aviation fuel because we can’t really do tourism without aviation. We need the aviation sector. We will have more people travelling by air and we need to do that more sustainably. And the only real opportunity right now is through sustainable aviation fuel. So we really encourage the Indian government to incentivize its production.”
Read More »Inbound travel to India shows 9% growth in 2024, 7% year-on-year rise in influx from the Americas
According to ForwardKeys, in 2024, inbound travel to India shows a promising recovery trend, with a 9% increase compared to 2023 and a 5% increase above pre-pandemic level in 2019. Key regional drivers of this growth are the Americas and Europe, which continue to lead the recovery. The Americas demonstrate a strong demand for India as a destination, growing 7% year-on-year and 22% compared to 2019.
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