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Industry to suffer Rs 110-130 bn loss in FY2023 due to ATF price hike and depreciation in INR

Suprio Banerjee, Vice President & Sector Head – Corporate Ratings, ICRA said, The pace of recovery in industry earnings will be gradual owing to the high fixed cost nature of the business. The industry is estimated to report a net loss of around INR 110-130 billion in FY2023 due to elevated ATF prices twined with the depreciation of the INR against the USD.” 

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PATA Travel Mart 2023 to be hosted in New Delhi from October 4 to 6

The Pacific Asia Travel Association (PATA) is set to organise PATA Travel Mart 2023 in New Delhi, India from October 4-6. The event will be hosted by the Ministry of Tourism, Government of India. India is proving to be an important market in the recovery of travel and tourism within the Asia Pacific region and with its many initiatives in sustainable and inclusive tourism activities, it has the potential to become a preferred tourism destination. 

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International Women’s Day: Oman celebrates the achievements of women

International Women’s Day is celebrated every year on the 8th of March to acknowledge women’s contributions and achievements globally. Oman, a country in the Middle East, has made great strides in empowering women in various sectors, including tourism. The country celebrates this day to highlight the achievements of women in tourism and recognize their contributions to the sector’s growth and development. Over the years, Oman has invested heavily in promoting tourism, which has been a significant contributor to the country’s economy. The sector has grown significantly, with the number of visitors increasing every year. Women have played a crucial role in the Oman’s tourism sector, working in various capacities, such as tour guides, hotel staff, travel agents, and airline personnel. These women have shown their dedication and commitment to their work, providing quality services to tourists and promoting Oman as a safe and hospitable tourist destination. To celebrate the achievements of women in tourism, Oman organizes various events on International Women’s Day. These events aim to showcase the contribution of women in the tourism sector and inspire other women to join the industry. The events also provide an opportunity for women in tourism to network and share their experiences, challenges, and success stories. One such event is the Women in Tourism Forum, which brings together women from various sectors of the tourism industry. The forum provides a platform for women to discuss issues affecting their work and share their experiences. The forum also allows women to learn from each other and acquire new skills that can help them advance in their careers. Oman’s commitment to promoting women in the tourism industry has had a positive impact on the country’s tourism …

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One Rep Global to represent The Farm at San Benito in India, promoting transformative healing experiences

Get ready to embark on a life-transforming wellness holiday experience, as One Rep Global, India’s top sales and marketing representation company for ultra-luxury hotels and tourism boards, announces its appointment as the India sales and PR representative for The Farm at San Benito, a exclusive wellness resort in the Philippines. The appointment comes as The Farm at San Benito seeks to expand its reach in India and promote health tourism in the Philippines on a global scale. The Farm at San Benito is no stranger to accolades, having received over 90 prestigious international awards, including the title of “Best Medical Wellness Resort in the World” by SENSES Germany. This eco-luxury, holistic, medical wellness resort situated in the heart of the lush green Lipa City, Batangas, boasts a magnificent view of the Malarayat mountains, pure fresh air, and an abundant microbiome ecology. The Farm at San Benito offers natural and holistic medically supervised health programs that address prevalent lifestyle illnesses such as diabetes, obesity, hypertension, chronic pain, anxiety, stress, and depression. Its commitment to promoting modern technology, world-class facilities, and highly-skilled medical doctors and licensed health professionals aligns with the resort’s focus on wellness and healing. It’s no surprise that The Farm at San Benito has dedicated itself to transforming the lives of guests who seek transformative healing experiences. Preet Inder Singh, General Manager, The Farm at San Benito said, “Philippines is the ultimate destination for anyone seeking wellness and healing. The Farm at San Benito is dedicated to promoting the Philippines’ global health tourism while showcasing the highest international standards in healthcare, modern technology, world-class facilities, communication competencies, and exceptional care from highly-skilled medical doctors and licensed health professionals. The …

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Spree Hospitality continued its success in 2022 with impressive growth

By strengthening its foothold in India, Spree Hospitality has paved the way for a successful 2023. A number of hotels have been opened in key locations in Pune, Goa, Bengaluru, Aurangabad, Dehradun, Coimbatore, Trissur, Chennai, Jaipur, Ooty, Ranthambore, and Delhi to achieve this goal. Furthermore, it has expanded the services it offers to better serve its customers. A number of new properties are set to open in the near future, further cementing the company’s position as a leading player in the Indian hospitality market. Sagar Khurana, Vice President of Spree Hospitality said, “We are extremely proud of our team and the dedication they have shown to our clients. Their hard work and commitment to excellence have been the driving force behind our continued success and we are confident that our growth will continue in the coming years. In recognition of our exceptional quality of service, our hospitality services have been rated 97 out of 100 by our customers. With the opening of 10 new properties within the next four months, we are ready to continue our commitment to provide our guests with the highest level of comfort and convenience.” EaseMyTrip has taken over Spree Hospitality in 2021, providing support for its expansion in the highly competitive hospitality sector. Spree Hospitality, a subsidiary of EaseMyTrip, is renowned for providing exceptional service, comfort, and style while creating memorable experiences that are meaningful and impactful. By adding new properties to its portfolio in 2022, Spree Hospitality has demonstrated its increasing strength and success. Currently, it operates 30 properties across India. As part of its goal to make even a stronger impact on the hospitality industry, Spree Hospitality will introduce 10 new properties in …

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Earn a place on the ultimate Tourism New Zealand famil by attending their webinar today at 11am

Tourism New Zealand will conduct an exciting webinar highlighting their campaign ‘If You Seek’ and related trade tools and assets today at 11 am. Agents can earn a place on the ultimate New Zealand famil by showing their curiosity during this webinar. For more information, write to jaspreet.kaur@ddppl.com or 9650196532 to register.

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Fun and unique experiences await you in the Philippines

The Philippines, home to lovely beaches and picturesque mountain vistas, has a lot more to offer to the visitors. The cities of the Philippines offer fun and unique activities that can be toured in a single day, with a cosmopolitan vibe. Manila, the capital city of the Philippines, is alive with sights and sounds of urban life at its busiest. It is also a contrast of the old and the new, with a mix of skyscrapers and heritage houses, and cars share the road with colorful jeepneys and horse-drawn calesas. One tourist stop in Manila should be the Walled City of Intramuros, built by the Spanish colonizers 500 years ago. Its stone ramparts are still intact, along with the other defenses such as its moats and cannons that protected the fort from both natural disasters and invaders. Visit the Casa Manila Museum to get a feel of life during the Spanish era and take a walking tour to the centuries-old churches Manila Cathedral and San Agutin Church to appreciate their architecture. Fort Santiago holds historic significance as the prison where the Philippine National Hero Dr. Jose Rizal was held before his execution in Bagumbayan. Other structures to check out nearby are the Manila Central Post Office, a neoclassical building that has been declared as an Important Cultural Property by the National Museum, the Cultural Center of the Philippines which is home to world-class performances by Filipino artists. Immerse yourself in art at the National Museum of the Philippines that houses the country’s largest and perhaps most iconic painting, the Spoliarium by Juan Luna, the National Museum of Natural History that showcases Philippine flora and fauna, and the National Museum of …

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