Category Archives: Cruises

Resorts World Cruises is pleased to announce that the 150,695 gross tonnage Genting Dream successfully completed its first berthing alongside the Phuket Deep Sea Port on 24 July 2024, making it the largest cruise ship to do so. As ‘the Cruise Line that Knows Asia Best’, Resorts World Cruises has the vast and in depth expertise in enhancing experiences for its passengers. Genting Dream passengers departing from Singapore for the 3 Night Phuket Cruise will now have the convenience and comfort of disembarking and re-embarking the ship in Phuket without using tender boats. In addition, inbound passengers can enjoy the flexibility without having to worry about the tender boat schedule and at the same time maximise their stay in Phuket. “Our Marine Operational team, the Captains of Genting Dream together with the Phuket Pilots have conducted comprehensive studies, risk assessments and ship simulations over half a year with the Thailand authorities to ensure the feasibility and safety of this pioneering initiative. With our ship now able to berth alongside Phuket Deep Sea Port regularly, our passengers will enjoy the convenience, which will further boost Phuket’s image as a cruise destination”, said Michael Goh, President of Resorts World Cruises. “We would also like to extend our sincere thanks to the Marine Department, The Governor of Phuket province, the local port authorities, as well as to Wallem Shipping Agency for their support and coordination,” he added. With a cruise terminal at the Phuket Deep Sea Port, the berthing of a large cruise ship like Genting Dream also creates new opportunities for Phuket and Resorts World Cruises to explore future possibilities, as well as as a potential cruise and clearance gateway for outbound …

Travelport, in its 2024 State of Modern Retailing Report, finds that most respondents (88%) agree they would prefer to see all flight options and fares on one screen, which is likely the reason that more than half (54%) said they frequently use a comparison site to search for information before purchasing their ticket. The majority of Millennial (70%) and Gen X (64%) travelers often use online travel agencies (OTAs) to book, citing choice and price transparency as the primary reasons.

Presenting the Union Budget 2025, Finance Minister Nirmala Sitharaman proposed a simpler tax regime for foreign shipping companies operating domestic cruises in India, aiming to boost cruise tourism. She highlighted plans for ownership, leasing, and flagging reforms to enhance the domestic shipping industry’s share and create more jobs.

The Ministry of Tourism has been encouraging cruise tourism for a while now, and we have seen some developments on that front. But in this Interim Budget, the FM has gone a step further. She said, “There is tremendous potential for cruise tourism in India. To give a fillip to this employment generating industry, I am proposing a simpler tax regime for foreign shipping companies operating domestic cruises in the country.” For domestic tourism, the FM announced projects for better port connectivity and more tourism infrastructure, that will be taken up on islands in India, including of course Lakshadweep! All in all, her Budget highlighted promoting investments into India, including its infrastructure projects. The FM has also proposed to put in place a presumptive taxation regime for cruise ship operations of non-residents. Further, it is proposed to provide exemption for any income of a foreign company from lease rentals of cruise ships, received from a related company which operates such ship or ships in India.

Rules for FDI and Overseas Investments to be simplified to increase FDI inflows and promote use of Indian Rupee as currency for overseas investments, said the FM in her Interim Budget speech. She also said that 1.5 lakh core provision for long-term interest-free loans will be made to support infrastructure investment by state governments. The states will also be incentivised to implement Business Reforms Action Plans and digitalisation to develop tourism. All in all, the Union Budget 2024 was not a total let-down as far as tourism is concerned. Perhaps it has sown the seeds for a better tourism experience in India. But that may be too far into the future. Moreover, there has been no change in taxation, which has disappointed the travel trade no end. Their main gripe was the extremely high GST rates and the procedures, as well as bearing the onus of determining the quantum of TCS.

Sitharaman has raised our hopes when it comes to tourism in India, which bodes well not just for domestic but also inbound tourism, which has been suffering since Covid. Delivering to the states, she highlighted the development of ‘iconic’ tourism centres by the states who will be allowed long-term, interest-free loans for such long-term development. For domestic tourism, the FM announced projects for better port connectivity and more tourism infrastructure, that will be taken up on islands in India, including of course Lakshadweep! All in all, her Budget highlighted promoting investments into India, including its infrastructure projects. In positioning India as a global tourist destination, we’ll also create jobs, stimulate investments and unlock economic opportunities for other sectors. In addition to the measures outlined in the interim budget, I propose the following measures. Vishnupath temple at Gaya and Mahabodhi temple at Bodh Gaya in Bihar are of immense spiritual significance. Comprehensive development of Vishnupath temple corridor and Mahabodhi temple corridor will be supported, modeled on the successful Kashi Vishwana temple corridor to transform them into world-class pilgrim and tourist destinations. Rajgir, Rajgir holds immense religious significance for Hindus, Buddhists and Jains. The 20th Tirthankara Muni Suvaratha temple in the Jain complex, Jain temple complex is ancient. The Sapta Rishi or the seven hot springs form a warm water Brahmkund that is sacred. A comprehensive development initiative for Rajgir will be undertaken. Our government will support the development of Nalanda as a tourist center besides reviving Nalanda University to its glorious stature. Odisha’s scenic beauty, temples, monuments, craftsmanship, wildlife sanctuaries, natural landscapes and pristine beaches make it an ultimate tourism destination. Our government will provide assistance for their development to Odisha …

With the aim of Viksit Bharat by 2047, the Interim Budget 2024 yet again showcased a lofty imagery of the ‘new and improved’ India. However, it does fleetingly mention tourism and its development – directly and indirectly. To build a foundation for future development, the FM underlined its Startup Credit Guarantee Schemes that will encourage new businesses in various sectors including, hopefully, tourism. She mentioned that the country ‘is capable of creating more opportunities’ which cannot be further from the truth. Sitharaman added that the focus will be on ffostering and sustaining growth to create great opportunities for all and to fulfil aspirations. She said that the MSME will be an important element of this policy. Coming to aviation, she said that it has been ‘galvanized in the past 10 years’ with number of airports doubled, expansion of the UDAN scheme, 517 new routes carrying 1.3 crore passengers, and the expansion of existing and new airports that will continue, she committed. Mentioning the success of G20 meets that took place across India, she said the country has made itself an attractive destination for MICE. ‘The corporates want to explore India and religious tourism offers great opportunities.

A lot is riding on Finance Minister Nirmala Sitharaman’s 7th Union Budget presentation, to be aired today. This makes her the first FM to present seven Union Budgets in a row! This Budget is an important one for ‘Amrit Kaal’ and will decide the direction for India’s economy for the next five years. It has the potential to build a strong foundation of our dream of Viksit Bharat, the Prime Minister has said. As the industry braces itself for it, it does so with cautious hope – afraid of being let down yet again due to the absence of any mention of tourism, yet hopeful that perhaps this could be the moment when the sector begins to appear in the FM’s horizon. Watch this space for more updates and industry reactions on the Budget.

Jurgen Bailom, President and CEO of Cordelia Cruises, shares his comments on what the FM can do to help develop the cruise tourism industry in India. He says, “We at Cordelia Cruises are optimistic about the positive changes it could bring to our industry. The government’s support has been instrumental in fostering growth and development within the cruise sector. We believe that a reduction in the GST rate for cruise ticket sales and onboard services, or the introduction of a tax holiday similar to what was done for the IT industry, would not only make cruising more accessible to a broader audience but also boost the overall travel and tourism sector.” “Continued investment in port infrastructure development is crucial to support the growth of the cruise industry and improve connectivity. We believe these measures will significantly contribute to positioning India as a premier cruising destination, benefiting both the economy and tourism. We are confident that the government’s continued support will drive the industry forward.” “Furthermore, we request that cruise services should not qualify as providers of Overseas Tour Program Packages (OTPP), which mandates the collection of TCS from customers purchasing cruise packages. Unlike airlines, which are exempt from TCS for international flights, adding TCS over and above the 18% GST increases the overall cost of a cruise ticket and is not favourable for passengers. This change will significantly increase bookings and contribute to the growth of the cruise industry in India.”

Thomas Cook India & SOTC in its India Holiday Report 2023 highlighted a 70% surge in cruise holidays. Speaking on this, Daniel D’souza, President, SOTC Travel, said, “Cruise holidays offer an all-inclusive experience onboard a luxurious floating hotel.These include a wide range of services, from entertainment and exciting activities to diverse cuisines, wellness spas, shopping, and exploring new locales. We are witnessing strong growth in this segment from regional India’s tier II-III markets, besides metros and mini metros.”