ICRA estimates pan-India premium hotel occupancy at 70-72 per cent in FY2024, after recovering to 68-70 per cent in FY2023. Pan-India premium hotel average room rates (ARRs) are expected to be at Rs 6,000-6,200 in FY2024.  

Yas Island has established a dedicated team and allocated resources to offer attractive incentives for MICE companies and events. They also provide incentives for Indian weddings, which are a substantial market. Liam Findlay, CEO of Miral Destinations, announced this proactive approach.

The 38th IATO Convention will be held from 29 Sept to 2 Oct in Sambhaji Nagar, Maharashtra. The inauguration will be done on 29th evening, sessions on 30th and 1st, and 2nd Oct the post-tours will take place. 

Tourism Minister G. Kishan Reddy said that the centre provides 100% finance to the state to implement the tourism-related schemes. And, more than Rs 4000 crore is being spent to develop infrastructure for adventure tourism in border villages. 

WTTC’s 2023 Economic Impact Research reveals the Travel & Tourism sector is close to its 2019 peak, recovering over 95%. It’s expected to reach $9.5TN in 2023, just 5% below pre-pandemic levels. 34 countries surpassed 2019 levels. The sector is also predicted to recover 95% of its 2019 job level. 

Rajasthan aims to promote water activities and golf tourism alongside its existing attractions. Stakeholders predict a bright future for golf tourism in the state, with the RTDC already issuing an EOI for interested parties to develop and operate golf courses. 

The Tripura government plans to invest Rs 1,000 crore to improve tourism infrastructure and make the state a world-class destination. Tourism Minister Sushanta Chowdhury expressed confidence that the funding will be sufficient for a tourism boom, with support from the Centre. 

G Kishan Reddy, Minister of tourism highlighted that under Hon. PM’s leadership the whole of government is focussed on addressing the issues faced by investors and urged them to consider greater investments in tourism and hospitality sector. 

According to Nichlas Maratos, Vice President Commercial at Dusit Hotels and Resorts, the company has plans to open a Dusit D2 in Shimla and a Dusit Princess residence in Calcutta later this year. Additionally, the company is exploring multiple other opportunities in resort locations and urban destinations in India. 

OTOAI in association with VisitBritain, conducted a VISA workshop at the British High Commission, New Delhi, during which OTOAI recommended that the UK Visa immigration develop a portal which provides a login ID and password to tour operators to apply for visas for their customers online.