Tag Archives: KTM

KTM urges government to address tax anomalies

The Kerala Travel Mart (KTM) Society has expressed serious concern over high rates of taxation under the new GST regime, saying it would stifle the tourism business in the country by making it unsustainable and drive away the foreign tourists to destinations other than India. A KTM delegation, led by President Abraham George along with Prof KV Thomas, MP, held meetings with Union Tourism Minister Dr. Mahesh Sharma, Tourism Secretary Rashmi Sharma, the GST Council Chairperson and officials of the Union Finance Ministry and GST Council, drawing their attention to the serious anomalies in the GST, which would throw the tourism industry into a major crisis. The delegation included Riaz Ahmed, past president of KTM and Jobin Jose, who represented the houseboat industry. “The high incidences of taxes will make India uncompetitive when it comes to tourism as international tourists will skip the country as a destination. There is almost a 19 per cent tax hike for an Indian product after the implementation of GST. The Centre should address the issue urgently,” said KTM president Abraham George. The industry has already been reeling under the impact of demonetisation and liquor ban on highways, he said, adding that implementation of GST has also started adversely impacting the business. KTM has also shot off a memorandum to Union Finance Minister Arun Jaitley, pointing out that that ‘the new GST structure is the highest in the world’ and is ‘seriously affecting the sustainability of tourism business.’ In the memorandum, the KTM president appealed to the Centre to reduce the tax for hotels from 28 per cent to 18 per cent, substantially bring down the tax on houseboats and declare tax holiday for inbound …

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9th Kerala Travel Mart opens in Kochi

The ninth edition of Kerala Travel Mart (KTM) was inaugurated in the presence of Kerala Chief Minister Pinarayi Vijayan; Suman Billa, Joint Secretary, Ministry of Tourism, Government of India, Abraham George, President, KTM Society, V. Venu Principal Secretary, Kerala Tourism, among other dignitaries at Le Meridien, Kochi. 57 countries besides 20 Indian states are participating during the three-day biennial event, which is being organised by the KTM Society in association with the Department of Tourism, Government of Kerala on September 27, World Tourism Day. Ten countries will be represented at the Mart for the first time, with Mexico, Georgia, Japan, China, Chile, Greece, Iran, South Korea, Saudi Arabia and Botswana. The 560 total international delegates registered for KTM 2016 features the biggest-ever contingents from 10 highly-prized traditional markets, including the US, Canada and Australia. Domestic participation too has seen an uptick, buoyed by aggressive marketing campaigns. Some 1,304 Indian buyers will participate this year.

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57 countries to attend KTM 2016

The ninth edition of Kerala Travel Mart (KTM) is set to be the biggest and farthest-reaching yet. The biennial event will witness 57 countries besides 20 Indian states during the three-day Mart, which is being organised by the KTM Society in association with the Department of Tourism, Government of Kerala on September 27, World Tourism Day, in Kochi. Ten countries will be represented at the Mart for the first time, with Mexico, Georgia, Japan, China, Chile, Greece, Iran, South Korea, Saudi Arabia and Botswana – markets as diverse as they are distant – all confirmed to participate. The 560 total international delegates registered for KTM 2016 features the biggest-ever contingents from 10 highly-prized traditional markets, including the US, Canada and Australia. Domestic participation too has seen an uptick, buoyed by aggressive marketing campaigns. Some 1,304 Indian buyers will participate this year. “The KTM has always emphasised the consistent identification of quality buyers in ever newer territories as much as retaining participation from conventional markets. With representation from 10 new nations this year, our efforts have borne fruit,” said Abraham George, President, KTM Society. “For KTM 2016, we have extended the prefixed appointment system to registered domestic buyers, which will help the business session be more effective for both the sellers and buyers. The focus is on emphasising quality of interactions,” he added.

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Kerala Travel Mart from Sept 28-30

The ninth edition of Kerala Travel Mart (KTM) will be held at Samudrika and Sagara Convention Centre, Willingdon Island from September 28 to 30 and will focus on themes ‘Responsible tourism’ and ‘Muziris and Spice Route’. It is expected to attract around 1,500 buyers from around the country and abroad. Around 265 stalls of different sizes for the exhibitors within Kerala will be featured at the venue as part of the event. Abraham George, President, Kerala Travel Mart Society, says, “KTM 2016, which will coincide with ‘World Tourism Day’, will reach out to buyers from new international markets, emphasizing focus on the new arenas of tourism, including responsible tourism, and popularize the concept among the common man. To facilitate better interaction between buyers and sellers, we have initiated the process for sellers’ registration much in advance. The buyers’ registration is open till July 29. The mart will be a platform for B2B networking.”  

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