Category Archives: Breaking News (All Categories)

Traveler Demand Increased by 13.8% in March

The International Air Transport Association released data for March 2024 global passenger demand with the following highlights: Total demand, measured in revenue passenger kilometers , was up 13.8% compared to March 2023. Total capacity, measured in available seat kilometers , was up 12.3% year-on-year. The March load factor was 82.0% (+1.0ppt compared to March 2023). International demand rose 18.9% compared to March 2023; capacity was up 18.8% year-on-year and the load factor improved to 81.6% (+0.1ppt on March 2023). Domestic demand rose 6.6% compared to March 2023; capacity was up 3.4% year-on-year and the load factor was 82.6% (+2.5ppt compared to March 2023). Willie Walsh, IATA’s Director General said, “Demand for travel is strong. And there is every indication that this should continue into the peak Northern Summer travel season. It is critical that we have the capacity to meet this demand and ensure a hassle-free travel experience for passengers. That means making urgent progress to resolve supply chain issues and for airports and air traffic management to be fully staffed and operating at maximum efficiency. While airlines are prepared for customer care and assistance when operational issues arise, they are fed-up of bearing the cost when delays and cancellations are the result of poor preparation in other parts of the value chain.” Air Passenger Market in Detail MARCH 2024 (% YEAR-ON-YEAR) WORLD SHARE​1 RPK ASK PLF(%-PT)​2 PLF(LEVEL)​3 Total Market 100% 13.8% 12.3% 1.0% 82.0% Africa 2.1% 10.0% 12.3% -1.5% 72.1% Asia Pacific 31.7% 24.2% 17.9% 4.3% 83.5% Europe 27.1% 10.6% 10.2% 0.3% 80.9% Latin America 5.5% 10.9% 8.8% 1.5% 83.1% Middle East 9.4% 10.5% 13.6% -2.1% 77.5% North America 24.2% 6.3% 7.6% -1.0% 83.7% 1) % of industry RPKs in 2023    …

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It is critical to resolve supply chain issues and for airports to operate at max efficiency to meet demand: IATA

Demand for travel is strong, says Willie Walsh, IATA’s Director General, adding, “That means making urgent progress to resolve supply chain issues and for airports and air traffic management to be fully staffed and operating at maximum efficiency. While airlines are prepared for customer care and assistance when operational issues arise, they are fed-up of bearing the cost when delays and cancellations are the result of poor preparation in other parts of the value chain.”

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New German Passenger Tax increase to weaken German economy and hamper decarbonization: IATA

On 1 May, German taxes on flying increased by 19% to between EUR 15.53 and EUR 70.83 per passenger, depending on the route. The tax will make Germany less competitive in key economic areas such as exports, tourism, and jobs. It will further affect Germany’s air transport recovery from the pandemic, which is one of the slowest in the EU. Germany’s international passenger numbers, for example, are still 20% below pre-pandemic levels.

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Hospitality industry is responsible for 1-2% of global carbon emissions: HRAWI president

Speaking about how India’s hospitality sector is leading the charge for sustainability, Pradeep Shetty, President, HRAWI, says, “This shift towards sustainability is driven by the sector’s acknowledgement of its environmental impact. The hospitality industry is responsible for 1-2% of global carbon emissions, a figure expected to rise. Therefore, it has become imperative for hotels and resorts to take action to mitigate their footprint. The sector aims to reduce emissions by 66% per room by 2030 and 90% by 2050 to prevent emissions from surging.”

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TCS has not impacted business, but it has complicated it: Harmandeep Singh Anand

Speaking about how TCS has affected bookings, Harmandeep Singh Anand, MD, Jagsons Travels, says, “Indians in tiered cities are taking frequent holidays now – often twice a year – and they are travelling not just within India but also taking international trips. Therefore, I would say that the much-dreaded TCS has not impacted business, but it has complicated it.” He added that the recovery he was expecting by 2025 was fast-tracked and happened by 2023, and most agencies in these smaller cities have seen this growth. Jagsons has also seen a four-fold jump in FY 2023-2024 in its sales turnover as compared to 2019. One of the reasons is that the number of players in the market have gone down, more people are travelling, plus the overall travel expense has increased by about 40-50%. That also added to its turnover.

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Sector closed 2023 with 63-65% occupancy rate, up 3-5 percentage points from previous year: HVS ANAROCK

The performance of the Indian hotel sector in 2023 mirrored optimism, with key performance indicators witnessing significant growth. The sector closed calendar year 2023 with a nationwide occupancy rate in the range of 63-65%, up 3-5 percentage points (pp) from the previous year and nearly reaching the pre-pandemic level of 65-67% in 2019. The ARR for 2023 reached an impressive INR 7,400-7,600, which surpassed the figures from 2022 by 21-23% and 2019 by 24-26%, highlighting the sector’s ability to push rates driven by the buoyant demand. The growth in average rates helped RevPAR to reach INR 4,662-4,940 in 2023, indicating a significant increase of 29-31% from 2022 and 19-21% in 2019.

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Taiwan to watch out for, forays into India

In a recent development Taiwan Tourism Administration (TTA) has once again revived its India strategy. The tourism administration has ventured into India market establishing its presence once again that was disrupted because Covid-19 pandemic. Taiwan is keen to posit itself as a popular destination for Indian MICE, wedding and leisure travellers. In hence to restart India marketing plan more efficiency, TTA Singapore Office has appointed BlinkBrand Solution as its representative in order to drive its India market growth plan through comprehensive and integrated 360 degree strategy. Blink will leverage its unique expertise and strengths and closely work with various channels encompassing travel trade partners, various consumer, and digital media platforms, among others, in order to boost Taiwan’s visibility and destination leadership in the Indian market. Commenting on Taiwan latest entry into the Indian market Mr. Joseph Cheng, Director of TTA Singapore office, said, “India is fast emerging as one of the biggest tourism source markets in the world and we are very interested in developing India market for us. At the same Taiwan’s diversity of tourism products are second to none and we wanted to work with somebody who not only understands this but is also very familiar with the destination itself. In Blink Brand Solutions, we have a partner whom we have worked with and have full confidence in their ability to deliver for us. Moreover, Blink’s CEO Mr. Noel Saxena’s association with our destination, aspirations and expectations and our way of working is more than a decade old and, therefore, gives us tremendous confidence in the Indian market going forward.” Noel Saxena, CEO, Blink Brand Solutions said, “We are delighted to welcome Taiwan back into the Indian market. …

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Luxury Resort from Munnar found place in World’s Top 25 Hotels list

The luxury resort in Munnar, Chandy’s Windy Woods, secured 11th position in World’s Top 25 hotels list of Tripadvisor Travelers Choice Award 2024. Windy Woods also got the No.1 position among top 25 hotels in India. The winners are selected from over 8 million hotels listed in the Worlds most trusted and largest online review platform Tripadvisor. Apart from the above awards Chandy’s Windy Woods is also ranked No.7 among Top Hotels in Asia, No 6 among World’s 25 Luxury hotels, No.4 among Asia’s Top 25 Luxury hotels and No.1 among India’s Top 25 Luxury hotels. Windy Woods Munnar is the only hotel from India found a place in the coveted list of World’s Top 25 hotels and that makes this achievement so special. Chandy’s Windy Woods is located at the most picturesque area of Munnar and its unique architectural design that merges with the landscape of that terrain. This ecofriendly design compliments with facilities matching international standards, highly personalised services considering likes and dislike of their individual guests, the high-quality food with authentic taste differentiate Chandy’s Windy Woods from others. This is not the first time that Tripadvisor Travelers Choice Awards are conferred to Chandy’s Windy Woods. In the years 2020 and 2021 Chandy’s Windy Woods was placed No.12 in the World and No1 in India for two consecutive years. Chandy’s Hotels and Resorts have two properties in Munnar. The first one, Chandy’s Windy Woods is a Five Star classified hotel having 48 rooms with facilities including Swimming Pool, Spa, Health Club, Multi-cuisine Restaurant, Wine and Beer Parlour and Conference Hall. The second property, Chandy’s Drizzle Drops is located at Top Station, which is a boutique resort having 12 …

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Employment to surge in travel and tourism sectors with 58 million new jobs expected by 2033: NLB Services

According to data by NLB Services, with the continued growth momentum, the tourism sector is all set to add 58.2 million jobs by 2033 throughout the country. Post the pandemic recovery tenure, this was one of the sectors that saw the quickest recovery. Talent demand in tourism recorded a 44% spike in August 2023, and 1.6 million additional jobs were expected to be added within CY 2023. The growing synergy of the sector has led to steadfast employment generation across the country both in Tier I and Tier II locations.

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Mumbai agents struggle with tourist guide rates for their cruise passengers

NS Rathor, Chairman, IATO Western Region, says, “We are facing a lot of problems with the cruise guide rates. We have a lot of international cruise liners coming into Mumbai. For cruise passengers we have to negotiate rates locally with Tourist Guides Association (TOGA). They are asking us to pay 15-20% more than the current rate negotiated with TGFI! We have not yet agreed on that. We have offered them 10%. We will discuss this issue with our members and offer TOGA this rate. We hope they will agree with this.”

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