OTOAI has recently written a letter to almost all European Embassies in India, requesting them to issue Gratis Visas to those travellers, who despite having a valid travel visa, could not undertake the planned holiday. Riaz Munshi, President, OTOAI, says, “OTOAI has written to most of the European Embassy requesting them to issue a Gratis Visa to the visitors who despite having paid and processed the Visa fee and due procedure, could not undertake the journey for reasons known to all of us.”
Read More »Odisha hotel industry appeals RBI to extend moratorium period
On behalf of the hotel industry of Odisha, J K Mohanty, MHCIMA, Chairman – Hotel & Restaurant Association of Odisha & IATO Eastern Region, has written a letter to Reserve Bank of India, to extend the moratorium period up to March 2021 and exempt hoteliers from payment of interest during this period as it is not possible to pay interest without earning. He also expressed his gratitude to RBI for announcing immediate action to avoid the crisis by allowing relief on loan moratorium on interest and principal repayment for a period three months and later extended to six months.
Read More »98% fall in tourists in May 2020: UNWTO
The latest edition of UNWTO World Tourism Barometer shows that the lockdown led to a 98 per cent fall in international tourist numbers in May when compared to 2019, and a 56% year-on-year drop in arrivals between January and May. This translates into a fall of 300 million tourists and US$320 billion lost in international tourism receipts.
Read More »Rs. 15,00,000 crore at risk to tourism
Federation of Associations in Indian Tourism & Hospitality and cause partner AIRDA has further revised upwards it’s value at risk to Indian tourism to rupees 15 lakh crores. FAITH’s first guidance which was calculated and was shared with the Government in March 2020 had put tourism’s economic value at risk at rupees five lakh crores from this pandemic. FAITH revised this further during the quarter as the situation deteriorated and the value at risk was put at rupees 10 lakh crores. This has been revised again to touch a value at risk of up to rupees 15 lakh crores in terms of the economic output of tourism in India The direct and indirect economic impact of Tourism industry in India is approximately estimated at ~ 10 per cent of India’s GDP. This roughly puts the full-year economic multiplier value of tourism in India at ~ rupees 20 lakh crores. Minimum three quarters of tourism will be fully impacted. This value covers the whole tourism value chain from airlines, travel agents, hotels, tour operators, tourism destinations restaurants, tourist transportation, tourist guides. Each of these segments of tourism is non-performing or under performing and will stay that way for many months of this year.
Read More »Airports need to attract more non-stop, long-haul services: CAPA India
In its webinar, ‘Reinventing the Airport Business Model in India’, CAPA India said that the current crisis must force a re-think and re-invention of the airport business model over the next five years. To increase aero and non-aero revenue, airports need to attract more non-stop, long-haul and wide-body services. Post-COVID, passengers may prefer non-stop flights instead of flights via a hub. CAPA India also talked about the need to reinvent the approach to route development, which should be more holistic and include forward bookings, travel search trends, consumer survey and travel trade research.
Read More »FHRAI launches #FHRAIWorkFOS campaign for members, to provide temporary employment to industry staff
FHRAI has launched the ‘Work For Our Staff’ campaign for its members to support around 4500 hospitality professionals in more than a dozen cities. With direct 100% compensation being provided to staff by business partner Eureka Forbes, FHRAI and regional member establishments will be able to help staff survive this crisis and give them an opportunity to earn and return to work once this enforced and sustained lockdown is over. Nomination will be accepted on a first come, first serve basis.
Read More »MOT Mumbai to explain process of recognition via ETAA webinar
The Enterprising Travel Agents Association (ETAA) will conduct an exclusive webinar on July 24 with the Regional Ministry of Tourism Office to demonstrate to its members how they can get a ‘Ministry of Tourism Recognized Service Provider’ stamp. Presentation will be done by Venkatesan Dhattareyan, Regional Director (West & Central India), Indiatourism Mumbai, Ministry of Tourism.
Read More »Complexity in setting up travel bubbles, need to assess the risks: Mario Hardy
Dr Mario Hardy, CEO, PATA, has said that, while travel bubbles and green corridors are a great idea, but there is a lot of complexity involved in setting them up. “It is not a simple task. There are bilateral agreements involved between the two countries. It’s not only the immigration department involved but also health departments and ministries of health of the respective destinations. However, the countries need to agree to have enough trust in the healthcare system of the respective destinations to allow people to travel across their borders.”
Read More »Lead time for long-haul travel to Asia-73 days
The average lead time, i.e. the number of days between booking date and travel date (how far in advance travellers book their trips), for long- haul travel to South Asia is 73 days, according to ForwardKeys.
Read More »India in top 5 searched South Asian destinations by key markets: Olivier Ponti
India is still top of the mind in all the top searched markets in South Asia from all the source markets, namely UK, USA, Germany, UAE and Australia, revealed Olivier Ponti, VP Insights, ForwardKeys. “In fact, India is usually in the top two of the destinations for these markets. We can see a lot of VFR travel going on from these destinations to India,” he revealed at the PATA India Chapter’s webinar titled ‘Tourism the economic PowerHouse in an evolving landscape’.
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