Tag Archives: The Ashok

MP Tourism showcases its fast-growing tourism sector at first-ever ITM in Delhi

Madhya Pradesh Tourism Board (MPTB) highlighted the state’s historical monuments and cultural heritage through its participation at India Tourism Mart (ITM) recently held at The Ashok New Delhi. The focus was to showcase and revive the fast-growing tourism sector of Madhya Pradesh. The stall of MPTB was visited by industry influencers, travel enthusiasts, corporate, business heads, travel operators and media professionals from different corners of the city to exchange views and opinions on Madhya Pradesh Tourism. MPTB is going to organise two major events in Bhopal this year – Madhya Pradesh Travel Mart from October 5-7 and Adventure NEXT from December 3-5. The former is organised by ATTA in collaboration with MPTB in association with ATOAI. ATTA has chosen Madhya Pradesh because of its adventure-friendly destinations and efforts of MPTB to promote adventure tourism in the state. As quoted by the officials of MPTB, “Madhya Pradesh is flourished with historic marvels, home of wildlife animals and warm people. It is also called the tiger state of India. We expect major inbound tourist footfall mainly from UK. If you look at the statistics, a lot of international destinations like Switzerland, Singapore are now filled with Indian tourists. So if Indians are willing to go abroad and see destinations of the world, why not explore our own country. So we are having a balanced approach in all the sectors of tourism such as adventure, wildlife, heritage and many more.”

Read More »

India Tourism Mart to take place at The Ashok, New Delhi

The venue for the upcoming India Tourism Mart (ITM), scheduled to take place from September 16-18, 2018, has been changed by the organisers. The much-awaited travel trade event, which was earlier slated to be held at Vigyan Bhavan, will now take place at The Ashok, New Delhi. Informing about the updated schedule, Subhash Goyal, Hony Secretary, FAITH and Chairman, India Tourism Mart said, “The venue for ITM has been changed by the Ministry of Tourism looking at the overall security arrangements. It will now be held at The Ashok, New Delhi. Other programmes remain intact as per schedule.”  

Read More »

ITDC hosts Chief Vigilance Officers’ conference in Delhi

India Tourism Development Corporation (ITDC) hosted Vigilance Study Circle (VSC) NCR meet at The Ashok, New Delhi to discuss various vigilance related issues. The meeting was chaired by Praveen Sinha, Additional Secretary, Central Vigilance Commission (CVC); M R Krishna, President, VSC; Vinayak Garg, Chief Vigilance Officer (CVO), ITDC. Sinha delivered a lecture on vigilance related issues in the meeting. The best practices followed by any of the organisation were also shared for implementation in other organisations. Vigilance Study Circle NCR is a group of CVOs of various organisations or PSUs in NCR, who meet on regular basis and holds meetings on vigilance.

Read More »

ITDC records Rs.17.5 cr net profit before tax during 2016-17

India Tourism Development Corporation (ITDC), conducted its 52nd Annual General Meeting at The Ashok, New Delhi. Chairing the meeting, Ravneet Kaur, IAS, Chairperson & Managing Director, ITDC, announced that corporation closed the year with a turnover of Rs. 495.14 crore during 2016-17. The net profit before tax has been recorded to Rs.17.52 crore during 2016-17. Also, the board declared and approved a dividend of 13.30 per cent amounting to Rs.11.41 crore approximately in the meeting held on May 30, 2017. Other Board of Directors present during the meeting included Piyush Tiwari, Director (Commercial & Marketing), Pradip Kumar Das, Director (Finance), government nominee directors and independent directors. The CMD announced that ITDC has shown a significant improvement in the operational efficiency. Overall occupancy during 2016-17 was 58 per cent as against 52 per cent during 2015-16 with flagship Hotel ‘The Ashok’ recording highest turnover of Rs. 152.91 cr during 2016-17. The board said that a big push is being given to connect ITDC with new customers especially with younger generation through print and social media. Steps are being taken to make ITDC website more attractive and user friendly.

Read More »

Chander Mansharamani to continue as Vice Chairman, ICPB; new appointments in Governing Body

Chander Mansharamani has been re-elected as Vice Chairman of India Convention Promotion Bureau (ICPB) for another two-year term. Amaresh Tiwari and Girish Kwatra will also continue on their respective posts of Hon. Secretary and Hon. Treasurer. This was declared during the association’s 30th Annual General Meeting and Elections for the Governing Board held at The Ashok in New Delhi which was also attended by Suman Billa, Joint Secretary, Ministry of Tourism, Government of India and Chairman, ICPB. New appointments were made in the Hotel, Tour Operator and Congress / Convention Centres categories. The two new appointments in the hotel category were Hemant Mediratta and Saurabh Bhargava & Abinash Manghani (due to a tie for the second post). Gunjan Suri and Naveen Chibber took up the two new posts in the travel agency category while Ajay Vinayak and Anuj Wadhwa took the two posts in tour operator category. The post for the Congress / Convention Centres went to Sudeep Sarcar. Talking about the key priorities for the bureau now, Chander Mansharamani, Vice Chairman, ICPB, said, “the government has been looking at us as the frontal organisation for marketing India as a convention destination. Keeping that in mind, we are completely invested to take things to the next level. Currently we have outlined three core areas to focus on; first is market creation wherein creating our chapters and bidding of international conferences will be a part of that. Market creation will involve conducting roadshows both in India and international markets. The second priority is Visa, lobbying and making the entire process easier to get a visa for delegates attending conferences in India and thirdly we want to sensitise the central and state governments on the …

Read More »

ITDC records Rs.109.60 cr turnover in Q1 2017-18

India Tourism Development Corporation (ITDC) has performed remarkably in the first quarter of the current financial year 2017-18. The total turnover in quarter ending June 2017 increased to Rs.109.60 cr as compared to Rs. Rs. 91.42 cr in the corresponding quarter last year. The PSU registered Net Profit Before Tax (PBT) at Rs. 25.19 cr as compared to Rs. 14.30 cr in the corresponding quarter last financial year i.e. 2016-17, which is an increase of 76.15% from last year. The details were announced at the Board of Directors’ meeting of the company held on August 14th, 2017 at The Ashok, New Delhi.

Read More »