Category Archives: Breaking News (All Categories)

In 2022, Indian outbound travel recorded a y-o-y rise of 190%, significantly higher than the average global increase of 90 per cent. This was the first time India generated Asia’s highest outbound travel volume, with foreign trips exceeding those of China, South Korea and Japan.

Inbound tourism to India is expected to grow at a compounded annual growth rate of 12 per cent from 2022 to 2027, driven by rising disposable incomes, growth of the middle class, and increasing awareness of India as a tourist destination, revealed a report by Nangia Andersen in association with FICCI.

CAPA India has said that India should urgently introduce mechanisms to institutionalise consumer protection, providing full refunds in the event of airline closure, along the lines of @ATOLprotected in the UK, which is run by the @UK_CAA). CAPA India has been recommending this since 2011: CAPA India

Amitabh Kant, G20 Sherpa, India said, “Digital transformation will be a very critical driver of growth. In 2047 India will be the youngest country in the world. We will be a provider of almost 25% of the workforce in the world.” 

The Australian Tourism Exchange (ATE) will return to Melbourne next year for the first time since 2015, with Australia’s largest annual tourism trade event to be held at the Melbourne Convention and Exhibition Centre (MCEC) from Sunday, 19 May 2024 to Thursday, 23 May 2024. Tourism Australia Managing Director, Phillipa Harrison, announced Melbourne as the next host of the event on the trade floor of ATE23 on the Gold Coast. “After a couple of years of hybrid events it has been great this year to have ATE back to its traditional format on the Gold Coast and we can’t wait to work with Visit Victoria to deliver another amazing ATE in 2024,” Harrison said. “Melbourne has proudly hosted our premier travel trade event on eight occasions in the past and we look forward to taking ATE, and more than 2,000 delegates, back to Melbourne to drive future tourism business across Australia.” “ATE brings together tourism businesses, tourism wholesalers and retailers from around the world for four days of appointments, as well as networking events, which are more important than ever before as competition grows for the tourism dollar.” ATE24 will be the ninth time ATE has been staged in Melbourne, which first hosted the event in 1991 and then again in 1992, 1997, 1998, 2003, 2004, 2009 and 2015. Melbourne had been due to host the 2020, but the event did not go ahead due to the global pandemic. ATE provides tourism operators around the country with the opportunity to meet and do business with international buyers from around the world. ATE24 will run from 19 May 2024 to 23 May 2024, with delegates from 30 countries expected to attend. ATE24 will …

Emirates Airline and Etihad Airways have signed an MoU to expand their interline agreement and provide travellers additional itinerary options when visiting the UAE. This first of its kind agreement between the two UAE carriers aims to capitalise on opportunities to boost tourism to the UAE from key source markets by enabling visitors to experience more than one destination in a single itinerary. This summer, customers of each airline will be able to purchase a single ticket to fly into either Dubai or Abu Dhabi, with a seamless return via the other airport. The new agreement also provides travellers planning to explore the UAE with the flexibility of one-stop ticketing for their full journey and convenient baggage check-in.

IATO President Rajiv Mehra has written to the Prime Minister requesting him to restore the Service Export Incentive Scheme (SEIS). As an alternative to this, IATO suggested the introduction of a scheme in the new Foreign Trade Policy, as the inbound tourism sector is still suffering and needs hand holding by the government. Additionally, the association seeks roll back of TCS of 20% to 5% on Overseas Tour Packages announced in the Union Budget.

With its plan to attract private investment in its premium properties stuck even five years after signing of the agreements, tourism minister Rohan Khaunte said if the project proponents fail to kickstart the projects, then the government would revisit its decision. “There’s no more waiting. If they fail to carry forward the projects in the next two to three months, we will have to revisit the 2016 agreements. People cannot be sitting idle with tourism properties, Khaunte said.

In a statement issued by Goa First airline, it has said that in order to recover losses, it has sought compensation of approximately INR 8,000 crores in the SIAC arbitration. If it is successful in the arbitration, it is hoped that, the airline will be able to address the liabilities of its creditors. The statement adds that, however at this stage, in the absence of Pratt & Whitney not providing the required number of spare leased engines in accordance with the order issued by the emergency arbitrator, the airline is no longer in a position to continue to meet its financial obligations.

Jobs portal, Indeed, reveals the top job roles highlighting a remarkable increase in job opportunities in the hospitality sector, in the duration of March 2022 to March 2023. With a growth of about 60% in job posting and 20.10% increase in job seeker interest on the platform (clicks), the career opportunities in this industry are flourishing.