Rajiv Mehra, President, IATO and Pronab Sarkar, Immediate Past President, IATO met with Nirmala Sitharaman, Finance Minister, in her office to thank her for the recent announcements for revival of tourism and also to seek support from the government on issues like SEIS, TCS, GST, ECLGS and export industry status. A communication from IATO mentioned that the meeting was historic and fruitful. On issue of ECLGS, she said that revised rules and guidelines are being issued to the banks. On the other issues raised by the IATO representatives, she gave a very patient hearing and assured to look into their suggestions/recommendations favourably based on its merit.
Read More »Sunil Kumar re-elected as UFTAA President
Sunil Kumar, Immediate Past President of TAAI, has been re-elected as the President of UFTAA at the Annual General Assembly (Virtual) held on 29th June, 2021. UFTAA’s General Assembly unanimously resolved to draw the attention of governments on ‘Vaccine Equity’ related to uniform policy on the corridor of travel formalities The introduction of complex procedures by few governments, in the opinion of UFTAA, can delay the most required turnaround of Travel & Tourism industry to its previous robust levels.
Read More »SME travel agents protest against OTAs
More than 1000 SME tour operators and travel agents gathered at Jantar Mantar in New Delhi to protest against the unethical practices by online travel agents. The Small and Medium Tourism Action Group comprised of SME travel agents argued that OTAs are killing the small and medium tour operators by selling below the cost because of foreign funding. Subhash Goyal, Immediate Past President, IATO said, “I congratulate the small and medium tour operators for starting the national movement against the unethical practices by foreign funded OTAs who are buying a hotel room for Rs 2000 and selling it for less than Rs 1000. With this type of practice none of the small operators can compete and slowly they are going bankrupt. This is a very serious situation and the government and all travel associations must look into it.” The agents said they are against the e-coupons and cash discounts offered by the OTAs to reduce actual costs and argued that funding received by OTAs are a result of black money flowing into the industry. An association of small and medium tour operators is on the cards to unite voices against the cause. The agents have requested the government to regulate all OTAs which use the dominant position of having access to funds to kill small and medium tour operators. Memorandum to this effect was sent to the Prime Minister and Tourism Ministry and various travel and tourism associations will take up a legal battle with Competition Commission of India under unfair and unethical trade practices.
Read More »Economic growth will boost tourism
Commenting on the General Budget 2016-17, Jyotsna Suri, immediate past president of FICCI, said, “Nothing for tourism this year, is it something new? Overall the budget this year was on infrastructure, rural development and spending on buildings. That is what is the need of the hour. This is going to increase the economy and that will somehow affect tourism altogether. Though we didn’t have much for tourism this time like last year I think if economy grows tourism will grow.”
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