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India’s domestic air traffic may reach 130-140 million in FY2023: CAPA

The CAPA webinar forecast revealed that India’s domestic air traffic is expected to remain in the range of 130-140 million with 60-65 million in the first half and 60-65 million in the second half of FY2023. The international air traffic is expected to reach 55-60 million with approximately 25 million in the first half and 30-35 million in the second half of FY2023. 

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Airport rides grew 166% since last year:Global Head of Uber for Business

Susan Anderson, Global Head of Uber for Business, said “Corporate travel is on the rise. Uber saw airport rides represent 13% of Mobility Gross Bookings in Q1 2022, growing 166% from the past year. As we’ve moved through the pandemic, business travel and travellers have changed and therefore company travel programs must evolve accordingly”. 

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Remove cascading effect of GST on tour operators to revive inbound: IATO

IATO urges the government to remove cascading effect of GST on tour operators and GST on tour operators to be charged on deemed value as in the case of Air Travel Agents, where a deemed value of 10% of gross billing of the tour operator may be considered as the taxable value on deemed basis where as it is being charged on gross value for tour operators. 

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Railways to run 205 special trains from July 1 for the Ratha Jatra in Puri

Indian railways will be running 205 special trains for the Ratha Jatra in Odisha’s Puri on July 1. The state government expects 10 lakh pilgrims to gather at the temple town this year. The special trains will be run from Shalimar near Kolkata, Jagadalpur in Chhattishgarh and Visakhapatnam in Andhra Pradesh, besides different parts of Odisha. 

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Radisson Hotel Group to expand APAC footprint, targets 400% growth by 2025

Radisson Hotel Group has announced its APAC Expansion Plan – a major initiative that will unleash the power of its diverse brands and partnerships to drive 400% growth across the Asia Pacific region by 2025. The APAC Expansion Plan will enable Radisson Hotel Group to increase its regional footprint in the Asia Pacific. By 2025, it will add 1,700 hotels and resorts to its current portfolio of over 400 properties. It will aim to achieve this through a combination of organic growth, mergers and acquisitions, master license agreements, and leases in key locations.

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