According to a Associated Chambers of Commerce and Industry of India (ASSOCHAM) study, Maharashtra has attracted highest investment from private investors in building facilities for tourists and visitors till June 2016. “Maharashtra attracted investments worth over Rs 15,500 crore of the outstanding investments worth over Rs 93,400 crore attracted by the hotel and tourism industry in India as of June 2016,” stated the ‘Domestic Tourism: Tap the Treasure,’ study conducted by ASSOCHAM’s Economic Research Bureau. The study said domestic tourist visits in India can increase from over 143 crore in 2015 to over 227 crore by 2020. While Maharashtra attracted investment proposals worth more than Rs 15,547 crore, Gujarat recorded Rs 13,542 crore, followed by Karnataka (Rs 11,049 crore), Tamil Nadu (Rs 89,26.4 crore) and West Bengal (Rs 8,207 crore) corresponding to 61.3 per cent of the outstanding investments. The remaining 16 states out of the major 21 states received Rs 36,150 crore worth proposals as of June 2016. The report also revealed that these investments would mainly cater to domestic tourists who have multiplied from 6.6 crore in 1991 to 143 crore in 2015. Big tourism projects are expected in the Mumbai-Pune zone, followed by the Konkan, Nashik, Ajanta-Ellora and around tiger reserves in Vidarbha. (Source: Times of India)
Read More »Skål Bombay awarded ‘Club of the Year’ at Asian Area Congress, Singapore
The Skål Club of Bombay has received the ‘Club of the year’ 2016 award at the Asian Area Congress held in Singapore on July 2016. Director Jason Samuel and Asian Area Secretary Arun Raghavan attended the event and accepted the award from Asian Area President Robert Sohn.
Read More »IATO expects surge in South India members
The Indian Association of Tour Operators (IATO) is expecting a surge in its membership, specially from Chennai and other southern cities post its convention. N.S. Rathor, Chairman, Western Region IATO and Regional Chapter Chairman, says, “Chennai ranks third in terms of number of members after New Delhi and Mumbai and I’m sure after this convention a lot of agents in the South will get interested in joining IATO. We have a lot of active members in South India in regions like Kerala and Chennai. Since this is the first time we are going to Chennai, there is a lot of interest among the south Indian agents, specially from Chennai because most of them haven’t been able to attend our convention before. So everyone there is excited.” Rathor relocated to Mumbai from Rajasthan 20 years ago and is the longest uninterrupted member in the Executive Committee. Speaking about the distribution of its membership across India, he says that Western India is number two after Delhi. “We are growing in numbers and our total strength now is over 1,600 of which 350 are active members.”
Read More »Non-members welcome at IATO convention
The Indian Association of Tour Operators (IATO) will allow non-members to attend and participate in all activities at its convention, except the closed-door meetings that are open only for active members. N.S. Rathor, Chairman, Western Region IATO and Regional Chapter Chairman, said, “We are inviting all travel agents and tour operators to attend our convention – whether they are non-members or members of other travel associations – so that they can see the work we are doing and plan to do. We will charge them only Rs 1,500 extra and they can participate in everything that a member can except for the closed-door meetings that is open only for members. They can attend dinners, functions, business sessions, etc. In fact we want them to come and see what we do. We don’t enroll during the convention – that is respective chapter’s issue. But we have noticed a general increase in our memberships after our conventions.” While members will be charged Rs 7,500, non-members will have to pay Rs 9,000.
Read More »IAAI Maharashtra President resigns
Chetan Momaya has resigned from the post of President-Maharashtra state of IATA Agents Association of India (IAAI) due to differences with the Western India Director and the Maharashtra Team. He was elected President in August 2014 and re-elected in August 2015. Proprietor of Mumbai-based Olympia Travels N Tours, Momaya had also resigned within 10 days of the elections which was not accepted by the National Committee. He confirms, “I have resigned as President of IAAI – Maharashtra State on March 5, 2016.”
Read More »OTOAI postpones Turkey educational tour
The Outbound Tour Operators of India has postponed the Turkey educational tour for its members, which was scheduled in the month of September. Guldeep Singh Sahni, President, OTOAI, confirmed the news saying, “Owing to the present situation in Turkey, we have postponed the tour. We will re-assess the situation and will take the call in some time to see when we can organise it again. There is an emergency in Turkey and we do not want to risk taking our members in unsafe conditions.”
Read More »FAITH seeks amendments in GST law
The Federation of Associations in Indian Tourism and Hospitality (FAITH) has sought amendments to the draft Goods and Services Tax law that include making an exception for tourism and hospitality businesses, and classifying them under 6-8 per cent tax slab. FAITH has asked the GST commissionerate and the revenue secretary to provide an amendment under Section 2 (44)c to the tourism & hospitality industry. According to a letter from FAITH, Section 2(44)c, under the draft GST model law describes an export service as one which is rendered abroad. FAITH has put forwarded the rationale that tourism services to foreign exchange paying tourists can’t be rendered abroad as all our destinations are within India and it is an intangible product & hence an exception needs to be provided in the law itself to the tourism & hospitality industry. Once tourism & hospitality is classified as an export service, FAITH will request the GST council for a 0% rating of GST on tourism & hospitality exports. This will make our tourism industry extremely competitive globally & remove the uncompetitive 18-25% indirect taxation. FAITH will also ask the GST council for a below 10% GST rating on domestic tourism. This is in line with global practices where the introduction of GST has seen tourism GST kept at less than half the standard rate of GST. Implementation of both of these recommendations have the potential to spur our tourism forex earnings to $30-$35 billion from 13-15 million foreign tourists & has our domestic tourism to 1.8- 2 billion domestic visitations. This could double the employment induced by tourism to 9 crore jobs from 4.5 crore jobs. They have also shared their concerns with the …
Read More »IATO hosts members at Orchha Palace & Convention Centre
The Indian Association of Tour Operators took its members for a Fam tour to Orchha Palace and Convention Centre. The new property opened its doors to the IATO members before its formal opening on October 1, 2016, and showcased its various offerings to the tour operators. The two day tour saw the members experiencing the facilities at the property and sightseeing of the historical city of Orccha. The property is owned by Ashok Jain, MD, Orchha Palace and Convention Centre, who also owns Orchha Resort in the same region.
Read More »UFTAA reviews venue for its Golden Jubilee Congress
Sunil Kumar, President, United Federation of Travel Agents Associations (UFTAA), has revealed that the association board is reviewing the venue it had selected for its 50th anniversary celebrations this November. It had selected Istanbul as the destination. However, recent developments have forced the board to review it. While on his way to the airport for his flight to Istanbul last night to attend a meeting with the UFTAA board members, Kumar revealed, “We will review the venue for our Golden Jubilee Congress that is expected to be held anytime after November 22, 2016. The exact dates will also be confirmed at this meeting.” UFTAA will also be getting ready for the Passenger Agency Conference (PAConf) that will take place in September in Singapore, he added.
Read More »TAAI convention in Abu Dhabi from Oct 14-16
The Travel Agents Association of India (TAAI) has finally frozen on the venue and dates for its 63rd convention. Sunil Kumar, President, TAAI, revealed, “We have decided on Abu Dhabi as the venue for our next convention that will be held from October 14-16, 2016. We are in the process of blocking air seats now. It is one of the strongest destinations in the Middle East region and also an easy place to reach from India. “We want a strong convention this year with a strong focus, for our members as well as our partners. We will focus on both inbound as well as outbound. We are amidst signing contracts for this right now and have blocked rooms and convention space at the grandiose Emirates Palace,” he said. The team is now working on the convention theme, logistics and other details.
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