In a bid to analyse the impact of the Covid-19 crisis on staff salaries across the industry, TravTalk has initiated the ‘Travel and Tourism Salary Survey 2020’. The 2-minute survey is anonymous can be taken by clicking on https://www.surveymonkey.com/r/3WP3JHM. Share your inputs without having to reveal your name or email. The survey would gauge how every sector is dealing with the crisis and possibly trigger discussions on best employment practices in the industry.
Read More »Foreign arrivals in South Asia likely to reduce by 31% this year: PATA
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.
Read More »Indian tourism industry on brink of collapse: FAITH
FAITH appeals to the Govt of India for immediate survival package as Indian tourism industry is on the brink of collapse. All the cash inflows of the industry have completely frozen and are likely to stay that way for the financial year 2020-21. To address the issues of cash outflows, FAITH has recommended immediate measures for survival that need to be addressed parallelly. The industry is facing its biggest economic challenge with the larger and combined effect of 9/11 and the slowdown of 2009 and estimated bigger effect than the Economic Depression and World War II. Indian Tourism industry, in 2018-19 handled business of over 10.5 million foreign tourists, more than 5 million visiting NRIs, 1.8 billion domestic tourist visits & over 26 million outbound travellers. A complete deferment for twelve months of all statutory dues payable by tourism, travel & hospitality industry at the Central Government level, state and municipal government level without attracting any penal interest. These would include GST, Advance Tax payments, PF, ESI, customs duties, excise fees, fixed power & water charges and any fees for licenses and renewal at the state level. A support fund ‘Tourism COVID 19 Relief fund’ to be set up by RBI or Ministry of Finance or Tourism to support salaries and establishment costs. It should be either in the form of an interest free loan to Tourism companies for repayment of the principle over 10 years. The industry estimates the value of the fund to be minimum of Rs.50,000 crores which is almost equal to gross banking credit to the Indian Tourism industry. RBI has already provided for three months moratorium on EMIs of principle and interest …
Read More »“Devise ways to promote domestic tourism among India’s 22 million outbound travellers”
Gurbaxish Singh Kohli, VP, FHRAI, says, “Hospitality, Travel & Tourism’ has been worst hit and a strong push from the government is required to ensure that these sectors are not wiped out. The first thing that comes to my mind is to explore ways to promote domestic tourism among India’s 22 million outbound travellers. What we must focus on today along-with the various state governments is creating awareness and putting together fantastic attractive packages to promote domestic tourism. We can make this happen when each State in India pulls up its socks and considers the neighboring State its competitor. Mere words will not work. We will have to read ourselves now, for international as well as domestic competition. We need to focus now on projecting the market condition, when it eventually will open and offer the inbound and outbound travelers offers they can’t refuse. For this, we need the help of the Government, without which nothing can happen. We can plan a lot but without the right backing and implementation, nothing can happen.”
Read More »WTTC launches #TogetherInTravel campaign to inspire global tourism community
The World Travel & Tourism Council (WTTC) has launched a new marketing campaign, #TogetherInTravel, aimed at galvanizing the global travel and tourism community and showing how the sector is a vital part of our zest for life. The campaign, which went live on April 20, encourages travellers from around the world to share the hashtag #TogetherInTravel along with a video simultaneously uniting everyone in solidarity at the same moment. The marketing campaign comprises three key elements; a highly visual and emotive video; a hashtag, #TogetherInTravel, to stimulate the conversation across social platforms and a microsite, TogetherInTravel.com, to host the video and user generated content and stories. WTTC has developed the campaign in conjunction with one of its members. Gloria Guevara, President & CEO, WTTC, says, “Dreaming is part of our zest for life and our new campaign encourages thoughts of the brighter days ahead. Travel & Tourism is a critical sector to the global economy, accounting for one in four of all new jobs worldwide and contributing 10.3% to GDP. Our sector touches everyone. It builds communities, reduces poverty in the world and improves the social impact of everyday lives. Yet, we are uniquely exposed at this time due to COVID-19. The concept for the #TogetherInTravel campaign was born out of a desire to rally everyone who is passionate about travel, to unify those who are working hard to rebuild the sector and to spread a message of solidarity that we are one global community and one where travel brings us closer, at the right time. Our message is that everyone can still stay inspired with future travel ideas and bookings – and in the meantime be part of a virtual …
Read More »Firm action required by governments to support tourism recovery: UNWTO
UNWTO has urged members to increase pressure on world leaders to rethink tax and employment policies related to tourism and help businesses survive and drive wider recovery efforts. UNWTO Secretary-General Zurab Pololikashvili said, “This crisis has shown the strength of solidarity across borders. But nice words and gestures will not protect jobs or help the many millions of people whose lives are dependent on a thriving tourism sector. Governments have an opportunity to recognize tourism’s unique ability to not only provide employment but to drive equality and inclusivity. Our sector has proven its ability to bounce back and help societies recover. We ask that tourism is now given the right support to once again lead recovery efforts.”
Read More »Packaging of experiences and tourism circuits will make the difference: Arjun Sharma
Showing the way forward, speaking at the 2nd session of the second Digital Conclave held by TravTalk, Arjun Sharma, Chairman, Select Group, said, “My suggestion to travel agents is to focus on packaging experiences, experiential travel can also be a luxury. Travel agents need to first build their database and then identify the potential clients and then create packages for them.” He also added that travel will not stop, but it will just take some time for it to build up again.
Read More »WTTC report reveals Asia Pacific’s recovery will be driven by travel & tourism
World Travel & Tourism Council (WTTC), in its annual Economic Impact Report (EIR), shows how big a part travel and tourism played in driving the economy in the region last year, based on which the findings reveal how vital the sector will be for the region’s economic recovery from COVID-19. It shows the sector supporting one in 10 (330 million) jobs, making a 10.3% contribution to global GDP and generating one in four of all new jobs. Gloria Guevara, President & CEO, WTTC, says, “WTTC’s 2019 Economic Impact Report (EIR) shows how intrinsic Travel & Tourism was last year to the economy in Asia-Pacific, making it the fastest growing region in the world in terms of its contribution to GDP, supporting more than 182 million jobs or 9.6% of the total number of people employed.”
Read More »ADTOI holds online meeting with its 11 chapters, mulls relief packages & Govt aid
Association of Domestic Tour Operators of India (ADTOI) recently held its individual meeting with its all 11 chapter over zoom, where they discussed on relief packages and members expectation from government and way forward, it was revealed in a statement by the association. “ADTOI held its LEO exclusive meet over zoom headed by chairperson Ekta Watts. Also, ADTOI is now on TWITTER and can be tagged @ADTOIconnect,” the statement read. In addition, they will also launch their webinar series. “We will start with West Bengal & Madhya Pradesh as its first two destinations. Details for the same will follow. We strongly believe in developing business within ADTOI family and to support each other in these difficult times,” it said.
Read More »IATO estimates loss of US$85 billion in hotel, aviation and tourism sector
A KPMG report on potential impact of COVID-19 on Indian economy says that along with large scale cancellations, the Indian Association of Tour Operators (IATO) estimates that the hotel, aviation and tourism sector may incur loss of about US$85 billion due to travel restrictions imposed on foreign tourists. The report also indicated that outbound and inbound travel to India will be at an all-time low with impact likely to be felt on both white and blue collar jobs.
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