Tourism Breaking News
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.
Breaking News
- We face challenges when approaching the govt regarding policy issues, regulatory bottlenecks due to lack of data: FHRAI
- Delhi had most weddings with 30,000 in November 2023 energising entire paraphernalia around the industry: Mugdha Sinha
- Sustained demand growth has led to consistent improvements in occupancy rates across key markets in September 2024: HVS Anarock
- VFS Global wins global tender to provide Finland visa services in 32 countries, including India
- We must triangulate data from industry bodies, international organisations to truly understand dynamics of tourism and hospitality: Suman Billa
- 73% of Indians are using travel credit card rewards, airline miles or loyalty points to manage costs, maximise value during holidays: Amex
- IHCL to skill 1,00,000 workers by 2030 to address talent shortage in the hospitality industry
- Europe a tough market for transporters, hope to support the industry, says winner of ‘Best Transporter – Europe’ Akash Chhabra of Sasta Europe
- ‘Best Customised Tour Operator’ award winner at ITA, Get Set Go Travel sets new benchmark for competitors
- IndiGo to launch flights to Penang & Langkawi in Malaysia, expanding footprint in 40 destinations: Pieter Elbers
- Tourism contributes 5.6% to India’s GDP, need to double it in next 10 years by investing aggressively: Suman Billa
