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Korea engages trade with webinar today at 3pm

Korea Tourism Organization invites members of the trade to sign up for its exclusive webinar that it will host today at 3pm. This online seminar will highlight South Korea as a tourism destination and will cover basic information and highlight the popular places along with ideas on how to create a better South Korea tour product. The webinar will cover not just FIT and leisure travel but also touch upon MICE. Jong Sool Kwon, Director – Korea Tourism Organization, New Delhi office, says, “The Coronavirus outbreak has affected the travel business greatly. The idea behind initiating these webinars is to take the opportunity of this slow business period and enhance the product knowledge of the travel agents about South Korea. As soon as the market revives from this slowdown, the travel agents will be well prepared to propose a new destination to their clients and South Korea will be the first choice for them.” For more information and to register, contact Jaspreet Kaur on 9650196532 or jaspreet.kaur@ddppl.com.  

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ITDC to work with all stake holders to aid community at large: PS Patel

India Tourism Development Corporation will provide up to 2000 cooked and packed meals every day during the lock down for the health workers of government hospitals (AIIMS & RML) in the state capital as well as to other needy people through local administration. Commenting on this initiative, Prahlad Singh Patel, Tourism Minister, says, “ITDC will continue to work with all the stake holders to aid the community at large. These are testing times which all of us are going through. The Government has been doing an exceptional job and we stand in solidarity with them to overcome the pandemic which is impacting millions of lives and countries across the globe.  As Hon’ble Prime Minister Narendra Modi calls for the nation to work hand in hand, ITDC in a humble move will provide upto 2000 meals per day to the healthcare professionals and other needy people as part of CSR activity. Everything we do today combats the massive challenge that we are facing as a nation and as a world.”

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12-month corporate tax holiday to tourism & hotel sector needed: HVS

In a recent report by HVS, a few suggestions have been made to the government to battle the ongoing crisis which includes Policy support, Monetary support, Fiscal support and Direct support to revive demand. In ‘Fiscal support’, the report recommends to provide a 12-month corporate tax holiday to travel, tourism & hospitality sector. It also suggests to defer all statutory dues such as advance tax, custom duties, exercise duties, PF, bank charges etc at central and state level for 12 months.

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PATA launches Crisis Resource Center and Tourism Recovery Monitor

The Pacific Asia Travel Association (PATA) has announced the launch of the PATA Crisis Resource Center and Tourism Recovery Monitor, a unified platform that provides reliable and up-to-date policy statements, authoritative information, and tourism indicators from around the globe. The aim is to provide a global centralised repository of reliable information for users based on their needs. The PATA Crisis Resource Center is a result of a pilot Expert Task Force (ETF) led by PATA Immediate Past Chair Sarah Mathews to accumulate knowledge, generate support, and help members and industry stakeholders across the globe access solutions by governments, while also assisting governments in understanding the challenges through the travel impact survey. PATA Vice Chair Soon Hwa Wong also led an ETF to establish the PATA Tourism Recovery Monitor, an integrated resource for strategic tourism planners and decision makers to keep fully abreast of the fast changing environment. Both initiatives are housed under one microsite.

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ITQ aiding agents with swift refunds and reissue through handy online tools

Sandeep Dwivedi, COO, InterGlobe Technology Quotient (ITQ), has said that they have been helping agents with online tools that aid in swift cancellations, reissue and refunds. “ITQ is doing what we have always done i.e. be a responsible intermediary between airlines and travel agents, communicating all developments, especially those related to GDS (Global Distribution System) and flight bookings; even more in these tough times. Further, teams at ITQ are providing 24*7 support to travel agents for reissue and cancellation of flight bookings, and even helping install system online for agents to work smoothly from home. In addition, following these sudden developments, we are providing handy Travelport Smartpoint hacks such as refunds using linear entry to make transacting easier and swifter for our agents. We are on the edge, serving agents by resolving queries and recording apprehensions and issues for future in order to accommodate the same in our system, if adversity worsens or for when it smoothens out. On priority, we are taking all necessary actions to prepare ourselves and our system for managing any probable or unexpected requirements smoothly,” he said.  

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FAITH decides to approach MOT to use its unutilised funds for industry relief as grants

Subhash Goyal, Secretary General, FAITH, has revealed that in the wake of the impact of COVID-19 outbreak on travel and tourism industry, they will be approaching Ministry of Tourism (MOT) and urge them to use their unutilised funds for immediate relief of the industry. “2020 should be declared a tourism draught year because we are sure that in the entire year, tourism is not going to be revived. All the airlines would remain grounded, and we know that all visas have been cancelled. Hence, our revenues have totally dried up. We had a meeting through video conferencing of the FAITH board members, which consists of all the presidents of all the associations, and it has unanimously decided to approach our parent ministry—MOT—to utilise its unutilised funds of the MOT for immediate relief for the tour operators, travel agents and particularly the small and medium operators. We do not have money to pay the salaries and the various statutory obligation. Hence, it is very important that at least Rs. 1,500 crores from the old budget of the tourism ministry and the new budget should be given as immediate relief. The TCS, which has been extended at the moratorium of loans and interest, should be extended for at least one year and TCS should be completely scrapped because it will kill the outbound tourism of the country.”

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MoCA launches ‘Lifeline Udan’ flights for movement of essential supplies

As part of India’s fight against COVID-19, the Ministry of Civil Aviation has launched ‘Lifeline Udan’ flights for movement of medical and essential supplies across the country and beyond. Under this initiative, 62 Lifeline Udan flights have been operated during the five day period from 26th to 30th March 2020, transporting over 15.4 tons of essential medical supplies. 45 out of the 62 flights have been operated by Air India and Alliance Air. The carriers involved in Lifeline Udan operations include Air India, Alliance Air, Indian Air Force (IAF) and Pawan Hans. Support is being provided by Airports Authority of India (AAI), AAICLAS (cargo and logistics subsidiary of AAI), AI Airports Services (AIASL), PPP airports and private ground handling entities. Private carriers like IndiGo, Spicejet and Blue Dart are operating medical cargo flights on a commercial basis.

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Airlines to post quarterly net loss of $39 billion, witness 71% fall in demand during Q2: IATA

The International Air Transport Association (IATA) has published new analysis showing that airlines may burn through $61 billion of their cash reserves during the second quarter ending 30th June 2020, while posting a quarterly net loss of $39 billion. The analysis is based on the impact assessment released by IATA, under a scenario in which severe travel restrictions last for three months. In this scenario, full-year demand will fall by 38 per cent and full-year passenger revenues drop by $252 billion compared to 2019. The fall in demand would be the deepest in the second quarter, with a 71 per cent drop. Revenues are expected to fall by 68 per cent. This is less than the expected 71 per cent fall in demand due to the continuation of cargo operations, albeit at reduced levels of activity. Variable costs are expected to drop sharply—by some 70 per cent in the second quarter—largely in line with the reduction of an expected 65 per cent cut in second-quarter capacity. The price of jet fuel has also fallen sharply, although we estimate that fuel hedging will limit the benefit to a 31 per cent decline. These changes to revenues and costs result in an estimated net loss of $39 billion in the second quarter.

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Government extends visas of foreigners in India till 30th April

Government has decided to extend the regular visa, e-visa or stay stipulation of foreign nationals who have been stranded in India because of the spread of COVID-19 till 30th April 2020. “Those foreigners whose visas have expired or would be expiring during April 1- April 30, would be extended till midnight of 30th April on GRATIS basis after making online application by the foreigner. The exit of such foreign nationals, if so requested by them during this period, will be granted without levy of overstay penalty,” read the circular issued by the Ministry of External Affairs. It has been decided to provide the essential consular services by the office of the Foreigners Regional Registration Officers and Foreigners Registration Officers to foreign nationals, presently in India.

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8.5 per cent of the total events postponed or cancelled due to COVID 19: ICCA and CIMERT

As of March 2020, out of 4,632 meetings scheduled for the year 2020, ICCA and CIMERT have found a total of 393 international association meetings which have been identified for postponements, cancellations and relocation due to COVID-19, which is 8.5% of the total events. Out of these 41 per cent are in the Asia Pacific. The unfolding COVID-19 crisis has significantly affected the meetings industry with events being postponed, relocated or cancelled. Since February 2020, ICCA and CIMERT have embarked on a joint research project to bring their connected expertise together to monitor the status of meetings in the ICCA Association Database. This is part of ICCA’s wider initiative to work with CIMERT (Center of International Meetings Research and Training, Supported by ICCA) to track meetings which have been affected by the outbreak of a new coronavirus disease now called COVID-19.

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