Category Archives: Breaking News (All Categories)

TCS will be a deterrent for international travel and we hope that government will get further time to think over it. “I am not so happy about this decision because it’s only a deferment of three months” responded Manoj Saraf, MD, Gainwell Travel & Leisure.

Riaz Munshi, President, OTOAI believes that policy contradicts the government’s slogan of “ease of doing business” in India. “It is relief now, but situation is complicated. If such policies continue to emerge, it will be difficult to conduct business.

Reacting to the recent TCS amendment, Ajay Prakash, President, TAFI, questioned, “If luxury car attracts only 1% TCS then why is travel fraternity victimized?” He added that the change will provide breather but won’t take away the fact that scheme was hastily implemented.

Guldeep Singh Sahni, Director, Weldon Tours And Travels expressed gratitude to Finance Ministry over TCS Amendment. “It was a big relief for the travel industry. The outbound tour operators’ business is greatly impacted by this decision and it is victory for the sector.

PM Narendra Modi said we should use emerging technologies like artificial intelligence and argumented reality to drive innovation. “Collaboration among governments, entrepreneurs, and investors, can boost technology implementation in tourism, ” he added.

V. Vidyavathi, Secretary, Ministry of Tourism, has said that the infrastructure created at cities that hosted G20 meetings have been phenomenal. “We must keep the momentum going and attract more meetings, conventions to happen at these places, “she added.

The 7th edition of India Travel Awards will be held on 25 July at the Hyatt Regency New Delhi. The awards commemorate industry players under various categories of travel, tourism and hospitality industry. The awardees will take home the golden trophy ‘Maya’.

Ministry of Finance has announced that there will be no change in the rate of TCS for all purposes under LRS and for overseas travel tour packages, regardless of the mode of payment, for amounts up to Rs. 7 lahks per individual per annum. For the purchase of overseas tour program package under Clause (ii) of Sub-section (1G), the TCS shall continue to apply at the rate of 5% for the first Rs 7 lakhs per individual per annum; the 20% rate will only apply for expenditure above this limit. Increased TCS rates to apply from 1st October 2023

In 2022, India became for the first time Asia’s highest source of international travelers, according to tourism consultancy IPK International. International travelers from India in 2022 exceeded those of China, South Korea, and Japan, the company said. For the first five months of 2023, travel from India to the United States has exceeded pre-pandemic volumes.

The Ramada by Wyndham hotel in Goa has been signed by R.K.M Enterprises, a Delhi-based partnership company, in accordance with a franchise deal with Wyndham Hotels & Resorts. Located in a prime area of Arpora – North Goa, Ramada by Wyndham Goa Arpora, is expected to open in 2024 and will feature 65 rooms, a lobby lounge, an all-day restaurant and bar, a wellness area, an outdoor swimming pool, as well as an event space and business Centre. The hotel will provide convenient access  to the popular Baga and Calangute beaches, as well as several transport links like the Vasco railway station, Goa International and Mopa International airports. Currently, the Ramada by Wyndham Mussoorie Mall Road is owned by RKM Enterprises. Ramada by Wyndham Goa Arpora will be their second hotel with Wyndham Hotels & Resorts in India. Mr. Rakesh Mediratta, Owner – R.K.M Enterprises said ,“Following the successful opening of Ramada by Wyndham Mussoorie Mall Road in collaboration with Wyndham Hotels & Resorts, we are glad to further expand our offering through this exciting project in Goa under the internationally recognized Ramada by Wyndham brand.” Nikhil Sharma, Market Managing Director Eurasia, Wyndham Hotels & Resorts said, “Renowned for its tranquil beaches, bustling flea markets and local cuisine, Goa is a sought-after destination for local and international travelers visiting India. This most recent addition marks an important step in our expansion plan for the country by bringing a high-quality midscale hotel in a prime location in Goa.” Through the opening of Ramada by Wyndham Goa Arpora, M/S R.K.M Enterprises is expected to create more than 100 jobs in the state of Goa.