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.
Read More »With 35 lakh weddings planned across India, flight bookings see 70-80% YoY increase: CEO, ixigo
Aloke Bajpai, Group CEO, ixigo, revealed a surge in travel during the wedding season. “Indian travellers are on the move this wedding season, with around 35 lakh weddings expected across India between 23 November and 15 December 2024. Flight bookings to major metro hubs and top leisure destinations like Delhi, Mumbai, Srinagar, Jaipur, and Goa are seeing a strong 70-80% YoY increase,” he said.
Read More »VisitBritain to host ‘Destination Britain Middle East and Asia’ trade mission first time in India from 20-22 November
VisitBritain is hosting ‘Destination Britain Middle East and Asia’ trade mission for the first time in India from 20-22 November in Bengaluru. The event brings together UK tourism suppliers and over 70 buyers from India, the GCC, Japan, and South Korea. The mission aims to drive visitor spending across the UK by showcasing Britain’s tourism products and regional offerings.
Read More »Arunachal to unveil new tourism policy by end of next month with focus on responsible travel: Tourism Minister
Pasang Dorjee Sona, Tourism Minister, Arunachal Pradesh, said, “We are still in the process of framing the tourism policy. The government is committed to fostering sustainable tourism. While inviting people to explore our natural treasures, we must also protect our fragile ecology. This balance is a major focus as we develop the policy. The policy is not finalised yet, but we are optimistic about having it ready by the end of next month.”
Read More »By December 2024, aviation capacity between Australia and India will be 333% more than in December 2019 level: MD, Tourism Australia
Phillipa Harrison, Managing Director, Tourism Australia, said, “Inbound aviation capacity between Australia and India recovered quickly after international travel resumed and now sits well above 2019 levels. By December 2024, aviation capacity will be 333% of what it was in December 2019, with 26 flights per week between the two countries, compared to just 8 flights per week in 2019.”
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