Tag Archives: Ankush Nijhawan

Industry must brace itself for higher taxes

Ankush Nijhawan, MD, Nijhawan Group, “I think this increase in service tax is just the trailer for GST to set in. The government has made a soft opening to what GST will have in store at 14-18 per cent. Given this move, the tourism and hospitality industry has to brace itself for high tax rate when GST will be implemented. The prices will shoot up in short term and the effect will be seen on outbound as well as domestic travel. The increase in prices of holidays sold as packages will result in travellers to pay more and the business will be impacted temporarily. However, we need to wait for what GST has in store when it is implemented in June this year.

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Ankush Nijhawan is Executive Director of GPS

Global Panorama Showcase (GPS) has appointed Ankush Nijhawan, MD of Nijhawan Group, as its Executive Director with immediate effect. Talking about this development, Harmandeep Singh Anand, Co-founder, GPS, said, “We are pleased to announce the appointment of Ankush Nijhawan as Executive Director of GPS and I am sure this move will help us in making GPS one of the leading travel shows in India in Tier-II & III market space.” Anand added that his expertise will further assist in elevating GPS’ position and achieve its objective to educate and empower the travel fraternity in Tier-II and III markets. “GPS is all about innovation, involvement, engagement and excelling to reach acommon goal, which is to explore and unleash the tourism potential that lies in the Tier II & Tier III cities of India. Commenting on his appointment, Nijhawan said, “I am happy to be on board with GPS and our collaborative efforts as a team will further strengthen GPS to establish it as India’s only B2B travel show for the Secondary markets of recognition. We will offer our expertise in bringing more number of quality buyers to GPS as there is a new generation of travellers in Tier-II and III cities and educating and reaching out to travel trade in these markets become important. With our agent network, we are confident that, we will achieve in getting the right buyers to the show. Also with our international relationship and exposure, we are confident in influencing global exhibitors to participate in GPS. Anand says, “For GPS Nagpur(scheduled for January 19 to 21, 2017), the first event for the GPS 2017 calendar, nearly 70% of exhibition space has been sold with confirmations from …

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Aitken Spence Travels appoints Nijhawan Group as India representative

Aitken Spence Travels, the leading destination management company in Sri Lanka has appointed the Nijhawan Group as their representatives in India. Announcing this partnership, Ankush Nijhawan, Managing Director, Nijhawan Group shared that Nijhawan Group has been the representing partner for Aitken Spence Hotels, Sri Lanka since 2013 and this initiative has been taken to further strengthen this collaboration in India and to maximise the numbers from India to Sri Lanka through Aitken Spence Travels. Suranga Ratnayake, Assistant Vice President, Aitken Spence Travels, stated that with and an estimated annual inbound volume of 130,000 tourists, Aitken Spence Travels is backed by a reputation of being the most professional in the business. He added that Aitken Spence Travels is fully diversified in to every aspect of tourism related activities namely; leisure, eco, adventure, MICE, shore excursions for cruise liners and luxury tours. The company is the only Destination Management Company to be accredited with the ISO 9001:2008 certification, and its operations conform to 14001:2004 environmental standards in compliance with Carbon Neutral status.

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TBO & FxKart offer B2B forex facility

In a strategic equity partnership, Travel Boutique Online and FxKart.com, an online market place for money-changers have come together to offer foreign exchange facilities to travel agents. Abdul Hadi Shaikh, CEO, FxKart, explains, “We have done a deep integration with the TBO portal. TBO agents can log on to their existing TBO platform, access the forex tab and get the best rates for forex in the city. Fxkart’s innovative instant forex deal discovery platform lets authorised money changers in the market bid for the best price in real time offering agents the best deal. Once the order is booked, the customer service finalises the deal and a seamless forex delivery takes place.” Shaikh further informs that travel agents can get commissions on every deal booked through options like per deal basis or percentage mark-up. Ankush Nijhawan, Co- Founder, TBO Group, informs that within two days of the launch of the product, there were 300 travel agents who searched for forex requirement on the platform, transacting business volume worth over a million dollars without any marketing of the product. “Our vision with the product is to disrupt the way the foreign exchange business is done in the B2B space,” says Nijhawan.

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