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.
Read More »FAITH holds meeting with Ministry of Commerce; discusses way out
FAITH had an urgent meeting with Ministry of Commerce to discuss measures on tourism exports. These include rating the SEIS @10% and crediting it immediately on the basis of previous financial year, deemed export status , SEIS on gross forex earnings, zero rating of tourism exports and GST refunds to tourists, strategic focus on MICE sector, EPCG on tourist vehicles and relaxing export obligations among others. Most of the tourism enterprises support their infrastructure (hard & soft) by managing different tourist seasons. As all global source markets are hit, it will be domestic business of India which will keep India tourism businesses running. Thus, FAITH also has requested the Ministry of Commerce to request Piyush Goyal, who is both, the Commerce and the Industries Minister to take up the request for the survival support for the whole tourism travel & hospitality industry with the PM. These include deferment of all statutory liabilities, setting up a COVID 19 Tourism relief fund for interest free 10 year working capital loan for salaries & establishment costs , increase of banking moratorium period to 12 months without any interest for or for direct benefit transfer to affected employees and a national legislative tourism task force of central and state governments. Faith has also requested ESI funds to be used for compensating employees as ‘stay at home’ is a forced and mandatory curative medical need to fight the virus. They have also requested PF coverage of all tourism travel & hospitality employees as under the PM Rozgar Pradhan Yojana. Faith has also shared examples from the US & UK, Thailand and Indonesia where salary support, taxes exemption and stimulation of domestic travel is being …
Read More »Travel agents should issue refunds when airlines pay them: TAAI
In a statement, The Travel Agents Association of India (TAAI) has said that travel agents should issue refunds to their clients only when the same is received by them from the airlines or IATA. Jyoti Mayal, President, TAAI stated that they have raised strong objections on the refund issues and mechanism with all airlines and IATA while also seeking the Ministry of Civil Aviation to direct the airlines to refund all monies since additional funds of the agents is also blocked with airlines paid for advances in float accounts of low-cost carriers operating in India. TAAI has told its members to inform their customers, who desire to refund their tickets, that they shall be updated as soon as they receive refunds from airlines/IATA for the tickets issued and also assure that the same shall be given.
Read More »IATO Elections postponed; New date to be decided after 30 days
The Returning Officer for IATO Elections 2020, Akshay Kumar in a meeting with IATO EC decided to postpone the association’s election scheduled to take place on April 25 amid ongoing COVID-19 crisis. Starting 6th April, the elections are postponed by 30 days. The IATO EC will meet after 30 days to decide upon new dates. The election should, however, take place within 90 days starting 6th April 2020. The timelines suggested during the meeting varied from two months to all the way till 2021. In case the election cannot be held within 90 days, the Returning Officer recommended that IATO call for an EGM and allow the house to decide upon the new dates for election. In the interim, the Office Bearers and EC of IATO are hereby allowed to work and lead the association in the best interests of its members and the industry at large.
Read More »ETAA to conduct second webinar on technology for members on April 8, 2020
The Enterprising Travel Agent’s Association (ETAA) is preparing to conduct its second webinar for its members on April 8,2020. This time it will be on technology conducted by Karthik Venkataraman, Head of Business Development, GMR Tech Solutions. He will talk about the importance of having a digital presence during such challenging times. The association’s first webinar was conducted on April 6, 2020 where more than 100 ETAA members from across India attended. This webinar focussed on ‘Bonding’ and it was a one hour session conducted by TEDX speaker Bharat Jethani who also helps in community building. The members also suggested some unexplored destinations that can be promoted to domestic tourists once things get back to normal. ETAA plans to conduct more such events in the future to engage its members.
Read More »TAAI urges airlines for cash refunds instead of credit vouchers, waive off cancellation charges
Addressing concerns from member agencies regarding refunds/credits from airlines/ IATA due to the impact of Covid2019 as customers are demanding refunds from travel agents, TAAI has said, “With reference to the unilateral decision of the airlines to give credit notes and no cash refunds, we have made it very clear to all concerned that, cash refunds are required due to the global pandemic situation. It is the right of the passenger to get back his amount paid in stipulated time. Cancellation charges shall not be borne by the traveller due to the cancellation of flights/ lockdown situations/ banning of flights by government of India as well as of other countries, etc.” In an official statement by TAAI to its members, it was written, “We are in daily communications with the Indian Prime Minister’s office(PMO), Ministry of Civil Aviation (MoCA), Director General of Civil Aviation (DGCA), Ministry of Tourism (MOT), Ministry of Finance (MoF), Ministry of Commerce and Industry (MoCI), Niti Aayog, IATA Global Head Quarters, IATA-India, all airlines individually including Low Cost airlines in India. We are working in support with, all associations of travel, tourism & hospitality trade under UFTAA, FAITH, CII and other leading trade bodies. Our concerns have been voiced not only in our communications but also in mainline media being TV channels & newspapers, trade media as well as social media.” The TAAI team urged its members to be patient, claiming that the as Govt. of India, is prioritising the requests of citizens, industries, trade, travellers, etc. and are actioning to the best of their abilities, with timelines. “Their main objective right now is to ensure the health safety of all persons and providing proper medical …
Read More »PATA launches Crisis Resource Center and Tourism Recovery Monitor
The Pacific Asia Travel Association (PATA) has announced the launch of the PATA Crisis Resource Center and Tourism Recovery Monitor, a unified platform that provides reliable and up-to-date policy statements, authoritative information, and tourism indicators from around the globe. The aim is to provide a global centralised repository of reliable information for users based on their needs. The PATA Crisis Resource Center is a result of a pilot Expert Task Force (ETF) led by PATA Immediate Past Chair Sarah Mathews to accumulate knowledge, generate support, and help members and industry stakeholders across the globe access solutions by governments, while also assisting governments in understanding the challenges through the travel impact survey. PATA Vice Chair Soon Hwa Wong also led an ETF to establish the PATA Tourism Recovery Monitor, an integrated resource for strategic tourism planners and decision makers to keep fully abreast of the fast changing environment. Both initiatives are housed under one microsite.
Read More »8.5 per cent of the total events postponed or cancelled due to COVID 19: ICCA and CIMERT
As of March 2020, out of 4,632 meetings scheduled for the year 2020, ICCA and CIMERT have found a total of 393 international association meetings which have been identified for postponements, cancellations and relocation due to COVID-19, which is 8.5% of the total events. Out of these 41 per cent are in the Asia Pacific. The unfolding COVID-19 crisis has significantly affected the meetings industry with events being postponed, relocated or cancelled. Since February 2020, ICCA and CIMERT have embarked on a joint research project to bring their connected expertise together to monitor the status of meetings in the ICCA Association Database. This is part of ICCA’s wider initiative to work with CIMERT (Center of International Meetings Research and Training, Supported by ICCA) to track meetings which have been affected by the outbreak of a new coronavirus disease now called COVID-19.
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