Tag Archives: M!CE

As per Future Market Insights, the market for international outbound meetings and incentives from India to Europe is predicted to surpass US$7.17 billion by 2032, leading to a compound annual growth rate of 5 per cent between 2022 and 2032. FMI has recently forecasted that India’s outbound tourism market will reach US$18817.72 million in 2024.

FCM Meetings & Events has revealed that events, event travel and meetings are leading the business travel to bounce back globally. It states that M!CE market size, in terms of revenue, is expected to grow at a compound annual growth rate of 6.6 per cent from 2022 to 2030 to reach USD1563.3 billion by 2030.

Kean Bon, Area Director- India, South Asia & Africa, Singapore Tourism Board, said, “India is one of our top markets for foreign tourists’ arrival and M!CE is a very important segment of visitors for us. We deeply appreciate and honour the support of our M!CE partners in the market and hope that everyone continues to support Singapore M!CE business and continue to work closely with us this year.”

Manpreet Bindra, President, FCM Meetings and Events said, “The global M!CE market size, in terms of revenue, is expected to grow at a compound annual growth rate of 6.6 per cent from 2022 to 2030 to reach USD1,563.3 billion.”   

Skyview by Empyrean added yet another attraction, the all new Pine View Banquet for both locals and tourists, which is a 22-acre mountain harbour that provides hospitality, adventure, nature and luxury to guests. Spread across 5,000 sq. ft., Pine View can seat up to 200 people in one gathering. It also offers multiple cuisines, a separate pre-function area and state-of-the-art audio-visual equipment along with entertainment and conferencing services. Guests can enjoy stunning views of the surrounding majestic Pir Panjal range that add to the charm of the gatherings.  Owais Altaf Syed, Director, Skyview by Empyrean said, “Skyview by Empyrean is renowned for curating extraordinary hospitality experiences, and we are thrilled to introduce the Pine View Banquet to our discerning guests and clients as a testament to our long-term commitment to perfection.” Located in Sanget Valley-Patnitop, Jammu, Skyview by Empyrean is just an hour’s drive from the famous Shri Mata Vaishno Devi Temple at Katra. Syed added that the strategic location, scenic vistas and the multitude of adventure and leisure activities we offer on their property makes any event hosted at Pine View all the more special for both corporates and groups of families and friends.     

Rakesh Verma, Additional Secretary, Ministry of Tourism, has said that MOT is stepping up efforts to promote India as a M!CE destination. “We are taking up all 55 destinations where G20 meetings are being held as places to be promoted. We will be launching a major M!CE campaign in digital marketing space so that people come to know about it,” he said. E

As Abu Dhabi starts welcoming fully vaccinated travellers from India, rediscover M!CE in Abu Dhabi during an exclusive webinar on Tuesday, 7th September 2021, at 3pm IST. The webinar will highlight the Abu Dhabi Advantage programme that supports M!CE groups with nearly US$100 in benefits per person. For more information contact jaspreet.kaur@ddppl.com or 9650196532.  

Government of Andhra Pradesh has issued a Restart Package to support the tourism sector in the state. The approved package of Rs198.50 crore is a loan for hotels, M!CE, function halls, restaurants and service providers by extending interest subsidy at 50% of the interest on the loan for 12 months subject to a maximum of 4.50% of the loan amount for one year.

Asia Travel Show (ATS), from March 15-16, will see select buyers from South Asia – India, Nepal, Sri Lanka and Bangladesh – in attendance. They will be a mix of travel agents, corporate and M!CE buyers, as well as wedding planners.

WTTC has unveiled the second phase of measures to rebuild global consumer confidence to encourage the return of travelling. The latest protocols are designed to enable sectors such as tour operators and convention centres, meetings and events to thrive once again. The extended measures follow the ‘Safe Travels’ guidelines that were launched by WTTC on May 12. Detailed discussions took place with key stakeholders and organisations to ensure maximum buy-in, alignment and practical implementation, to set clear expectations of what travellers may experience in the ‘new normal’. Those relating to airports and airlines have been devised following close consultation with WTTC Members IATA and Airports Council International (ACI), to rebuild trust and provide reassurance that airports and airlines will offer safe environments in which to fly once travel restrictions are relaxed.