Malaysia moves ahead to become the 4th largest source market for inbound travel in India as per the PATA report. It will climb to the 4th spot in 2024 from 7th rank in 2019, beating Australia. In mild scenario, International Visitor Arrivals (IVAs) from Malaysia to India is expected to go up by 176.7% in 2024.
Read More »India to witness delivery of 3 new aircraft per week over the next four years: CEO, PATA
Noor Ahmad Hamid, CEO, PATA highlights India’s unparalleled aircraft acquisition spree, with the country poised to witness the delivery of nearly three new aircraft per week over the next four years. This surge, coupled with initiatives like Air India’s restructuring, will enhance India’s competitiveness in the region.
Read More »India market to double in 5 years, domestic tourism to continue its growth, says PATA CEO
The Indian market Is likely to double in the next five years, said Noor Ahmed Hamid, CEO of PATA, while speaking at a PATA India event in New Delhi. He said, “However, it will not reach the size of China and will remain the third-largest in the world. India is growing on the domestic front with its population propelling business of tourism in India.”
Read More »South Asia, including India, will be a powerhouse of tourism in next 5 years: Prof Haiyang Song
According to Prof Haiyang Song, Associate Dean at the School of Hotel and Tourism Management, The Hong Kong Polytechnic University, South Asia, including India, is going to be a powerhouse of tourism in the next 4-5 years. “Tourism will fully recover to per-pandemic level in 2024 and exceed the pre-pandemic level in 2026 by 58.5% and 20.5% in mild and medium scenarios, respectively. The Union Budget 2023 will improve tourism infrastructures to accommodate potential demand surge, and possibly launch Incredible India! 3.0,” he said.
Read More »National Tourism Policy is the need of the hour to increase investments: Jyoti Mayal
To boost domestic tourism and inbound arrivals, India needs to frame policies that could introduce uniformity in the sector. Jyoti Mayal, President, TAAI, believes that it is high time that India should come up with a National Tourism Policy, which will escalate investments and augment tourism’s share in the economy.
Read More »G20 Goa Roadmap for tourism, a guiding light for sustainable tourism globally: FHRAI
FHRAI is set to host the Tourism Sustainability Summit 2024 in March. It will propose a framework for sustainable tourism stating that Goa Roadmap could be a beacon for sustainable global tourism with 5 key priorities: Green Tourism, Digitalization, Skills, Tourism MSMEs, and Destination Management to achieve SDGs.
Read More »PATA forecasts increase in IVAs, India accounts for 1.9% relative share in Pacific region by 2026
As per the PATA forecast, the inbound arrival will surge between 2024-2026 in the Asia Pacific region. The top 10 source markets will contribute 59% of all IVAs in 2024. India will account for 1.9% of the relative share of IVAs by 2026 in comparison to 1.7% in 2024 in the Pacific region.
Read More »Tourism and Hospitality sector to generate 50 million jobs in 5-7 years: Puneet Chhatwal
Speaking at the 6th HAI Hoteliers’ Conclave, Puneet Chhatwal, President, Hotel’s Association of India (HAI), shared that tourism sector is likely to create 50 million direct and indirect jobs in next 5-7 years, but the government must support tourism members to achieve full industry status, which will help in generating employment.
Read More »Hotel Association of India focuses on ‘Hospitality – The Engine for GDP Growth & Employment’ at 6th HAI Hoteliers’ Conclave
As India stepped into the “Amrit Kaal” on the country’s 75th Republic Dayand embarked upon the journey of realising the vision 2047 for a ‘New India’, the Hotel Association of India (HAI) has geared up to host the 6th edition of its signature event, the HAI Hoteliers’ Conclave on 12 February 2024 at The Taj Palace New Delhi. Titled “Hospitality – The Engine for GDP Growth and Employment”, the daylong conference will be attended by hospitality professionals, including hotel owners and CEOs, policymakers and professionals from all aross the country. The conclave will be addresses in different sessions by Smriti Irani, Minister of Women and Child Development, Government of India; lieutenant Governor of Delhi Vinai Kumar Saxena; Amitabh Kant, G20 Sherpa, former CEO Niti Aayog; V. Vidyavathi, IAS, Secretary, Ministry of Tourism, Government of India. The event will be led by Puneet Chhatwal, President, HAI and Managing Director & CEO, IHCL, and KB Kachru, Vice President, HAI and Chairman Emeritus & Principal Advisor (South Asia), Radisson Hotel Group. Rohit Khosla, Conclave Convenor and Executive Vice President – Operations, North and West India, IHCL said, “The programme has been curated with the objective of bringing key decision makers in the hospitality sector together on a single platform to debate lessons learnt, assess future problems and opportunities, and determine a progressive growth path for the industry. The year has started well mostly on account of Events and domestic and we are really excited to discuss and grow together.” The inaugural address will be delivered by Amitabh Kant, G20 Sherpa, former CEO Niti Aayog and the architect of the brands God’s Own Country and Incredible India. In addition to delivering a keynote address, …
Read More »PATA India Chapter elected to international board, to represent 28 chapters around globe
Pacific Asia Travel Association (PATA) elects PATA India Chapter to its board to represent 28 Chapters around the globe. The Ministry of Tourism has also been elected to the PATA board. PATA will officially announce the same after their general meeting to be held in May 2024 at Macau.
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