Tag Archives: South Asia

KB Kachru, Chairman Emeritus & Principal Advisor, South Asia, Radisson Hotel Group (RHG) and Vice President, HAI, spoke at the 2nd International Conference on Hospitality and Tourism – Revival Strategies, and said that the industry needs to appreciate and boost the domestic tourism that has revived the sector after the pandemic. He also spoke about the need to be in touch with the market trends like staycation as it emerged with the onset of work from home.

Vidhi Godiawala, STR’s Business Development Manager for South and Central Asia, says, “Until March of this year, India and China were trading places for the highest intention to travel. While current travel sentiment remains clouded, recovery from the first wave gives us reason to believe there is light at the end of the tunnel for hotels in the country.”

Rupinder Brar, Additional Director General, MOT, shares that the emphasis this time of MOT’s international promotional strategy will be on short-haul flights, countries and destinations from where people can actually travel in times to come. “We will be focusing on South Asia and Southeast Asia, as well as on tapping new markets,” she says.

In the APAC region, while Northeast Asia has taken the major brunt of the crisis with bookings being down by 83%, South Asia has been significantly less impacted and most of the countries in the region on an average 50 to 60 per cent behind 2019 levels, reveals ForwardKeys.

Looking at key trends and changes in booking habits for India and South Asia as studied by ForwardKeys, India continues to be the most favoured destination among key long-haul markets of United Kingdom, USA, Germany, UAE and Australia, repeatedly featuring in the top two choice of each.

Addressing a webinar organised by CAPA India on ‘Reinventing the Airline Business Model in India’, Kapil Kaul, CEO, South Asia, CAPA, said that there is a need to structurally reshape the Indian airline industry – both internally and externally. He also said that post-COVID, the industry may see another round of market exits, this time inflicting more permanent damage on the industry and economy. In the past, the system was largely aware that Kingfisher and Jet Airways were likely to fail, but there was no visible course of correction or action.

In its June flight schedule, Lufthansa Group has announced services to 106 destinations across the world. In India, Mumbai will be the first destination served by the German carrier and will connect Frankfurt with the business capital of India. George Ettiyil, Senior Director Sales, South Asia, Lufthansa Group, says, “I am quite proud of our decision to have Mumbai as one of the first destinations for increasing our long-haul services. It reflects the robust demand for flights to and from India, even in these unprecedented times. While we fully understand and respect the Indian Government’s final call as to when this can take place, resuming flights to Mumbai, underlines our confidence in how the Indian Government is handling the pandemic crisis. With Germany and Switzerland also leading the way by flattening the “curve” in Europe, reopening this route will increase economic cooperation between our countries again.”

Under the newly updated forecasts from the Pacific Asia Travel Association (PATA), the most likely scenario for international visitor arrivals into South Asia in 2020 is that visitor numbers are likely to reduce by 31% year-on-year. That effectively takes visitor volume back to levels last seen in 2012. At this stage, growth is expected to resume in 2021, returning to forecast levels by 2023. Much of course, depends on how quickly and completely the COVID-19 pandemic is contained and controlled. South Asia is also expected to suffer a loss of US$13.3 billion.

Ten out of eleven markets registered stability or increase in average daily rate (ADR)s in the first half of 2018, according to recent report by leading investment firm, JLL. Mumbai is the leader in absolute RevPAR and Delhi is the leader in RevPAR percentage change in H1 2018 over the same period last year. Raj Rana, Chief Executive Officer- South Asia, Radisson Hotel Group said, “The overall business sentiment in the hotel industry has been high in 2018 and it may well be marked as the beginning of a sustainable upswing. Buoyed by occupancies touching 70 per cent in many markets and average rates registering improvement, the industry seems to be headed in the right direction. Having braved some early headwinds last year, the industry seems to have regained strength on the back of growing demand, slowing down of supply and various initiatives taken by the government.”

Residents of India can now apply for visas to Russia at VFS Global Visa Application Centres (VACs) opened for the Embassy of the Russian Federation. The new centres will cater to the growing needs of outbound travellers to Russia, and increase accessibility to, and convenience of, visa services. With approximately 55,000 travellers visiting Russia from India each year, the application process through the new centres will prove to be more streamlined. The centre in New Delhi was inaugurated by H E Nikolay Rishatovich Kudashev, Ambassador Extraordinary and Plenipotentiary of the Russian Federation to the Republic of India. He said, “The new Russian Visa Application Centre looks very impressive, very advanced and it perfectly fits into the new substance of our bilateral ties as well as our global co-operation. As you would surely know our relationship is a relationship of Special and Privileged Strategic Partnership. It carries political, economic, cultural and humanitarian content, but after all and finally, it is all about people; it is all about people to people connection, making this enormous relationship going. And this person to person connection will not be possible without such a simple thing as visa. I hope this visa application centre will make a real contribution to the growing strategic connection between our countries and our people.” Speaking about the development, Vinay Malhotra, Regional Group Chief Operating Officer – Middle East, South Asia & China, said, “The network of Russia Visa Application Centres serves the needs of the ever-increasing numbers of travellers to Russia from this region and we are confident it will deliver services that exceed the expectations of the applicants.”