Janice Alyosius

Ministry will work with states and industries to develop two adventure mega trails in 2023

The government is planning to launch two mega adventure tourism trails in the Himalaya and the Ganga this year. Addressing a session at the G20 tourism working group meeting, Tourism Minister G. Kishan Reddy said, “The trails are expected to be launched this year. The ministry will work with states and industries for development of two adventure mega trails in 2023 — the Ganga trail and north-western Himalayan trails.”

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M!CE travel from India speeded up Yas Island’s recovery post pandemic

Liam Findlay CEO Miral Destinations said M!CE was the first industry to recover from the pandemic, with India being the fastest-recovering market. “To tap the potential, our company has dedicated resources and a specialized team to attract M!CE companies and events to come Yas Island. We offer a very attractive incentive scheme”, he said. 

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 G-20 Ambassadors, NE stakeholders to explore tourism potential at Siliguri meet

Ahead of the 2nd Tourism Working Group Meeting, Harsh Vardhan Shingla, Chief Coordinator of G20 India, highlighted the opportunity for India’s North Eastern region to showcase its cultural heritage and tourism potential. At a press conference in Darjeeling, Shingla announced that 10 ambassadors from G20 nations would visit the area and engage with local stakeholders to discuss the region’s potential. 

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Rising airfares in Asia Pacific pose threat to aviation sector’s recovery: ACI  

Airports Council International (ACI)-Asia Pacific has warned that the aviation industry’s recovery is threatened by rising airfares in the Middle East and Asia Pacific regions, despite stable airport charges. ACI-Asia Pacific’s latest industry outlook reveals that, despite airports’ substantial efforts to freeze or lower airport charges in 2022, airfares rose by an average of 53% compared to 2019. 

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Industry to suffer Rs 110-130 bn loss in FY2023 due to ATF price hike and depreciation in INR

Suprio Banerjee, Vice President & Sector Head – Corporate Ratings, ICRA said, The pace of recovery in industry earnings will be gradual owing to the high fixed cost nature of the business. The industry is estimated to report a net loss of around INR 110-130 billion in FY2023 due to elevated ATF prices twined with the depreciation of the INR against the USD.” 

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PATA Travel Mart 2023 to be hosted in New Delhi from October 4 to 6

The Pacific Asia Travel Association (PATA) is set to organise PATA Travel Mart 2023 in New Delhi, India from October 4-6. The event will be hosted by the Ministry of Tourism, Government of India. India is proving to be an important market in the recovery of travel and tourism within the Asia Pacific region and with its many initiatives in sustainable and inclusive tourism activities, it has the potential to become a preferred tourism destination. 

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