Tag Archives: OTOAI

‘OTOAI to have another meeting with MOT, to discuss how outbound benefitting inbound tourism’: Riaz Munshi

OTOAI had a follow-up meeting with Suman Billa, Addl. Secretary, Tourism after heads of travel trade associations met new Union Minister of Tourism. “We have been assured that the ministry will take our issues. We will meet again to discuss how outbound tourism is benefiting inbound tourism,” said Riaz Munshi, President, OTOAI.

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Experiential and luxury travel see 20-30% increase; numbers expected to continue grow further: Riaz Munshi

Riaz Munshi, President, OTOAI said, “People are more mature; we have seen a 20-30 per cent increase in experience and luxury travel, which is a significant number. We anticipate these numbers will continue to grow, making experience and luxury travel the most rapidly growing segment in the travel industry.”

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OTOAI ties up for organising mega FAM trip for Indian travel agents to Türkiye from 30 June to 6 July

Türkiye Tourism Promotion and Development Agency announces its partnership with the Outbound Tour Operators Association of India to organise a mega familiarisation (FAM) trip for its members from 30 June to 6 July. The initiative is dedicated to highlighting the myriad attractions of Türkiye to Indian travel agents. A total of 40 OTOAI members from across India will be participating in this exciting endeavour, representing diverse regions and tourism interests.

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TCS for overseas tour packages above ₹50 lakh increased from 5% to 20% in Budget 2023-24

In the Union Budget 2023, it was announced that the government has increased Tax Collection at Source (TCS) for overseas packages from 5%to 20%. Riaz Munshi, President, OTOAI, says that instead of reducing the TCS, it has been increased and it will hamper the business. Rajeev Sabharwal  (CA), Chief Executive, Gaurav Travels, says outbound industry should oppose this move.

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Britain unveils £10 million global tourism campaign at Expo 2020 Dubai

Britain has unveiled a £10 million global tourism campaign, called the GREAT tourism campaign, at Expo 2020 Dubai in a bid to strengthen close trade ties with the UAE. The global initiative is aimed to drive inbound tourism to the UK, as the country gears up for a year of big events including Queen Elizabeth II’s platinum jubilee celebrations and the Commonwealth Games in Birmingham. The launch event was hosted by Visit Britain, and was held before UK National Day at Dubai Expo 2020. The tourism campaign will highlight major British events this year, set to be global visitor draws, especially the queen’s platinum jubilee, the Commonwealth Games and ‘Unboxed’, a UK-wide celebration of creativity. VisitBritain also hosted senior trade delegation from India in Dubai at a roundtable with Dame Judith Macgregor, Chairperson, VisitBritain, along with West Midlands Growth Company in the afternoon before the launch of new GREAT tourism campaign. The delegates included Sunil Suresh, Chief Marketing Officer, MakeMyTrip; Anoop Kanuga – Chairman, Tourism Services Committee at TAAI; Jitul Mehta, Chairman, Western Chapter, TAAI and Riaz Munshi, President, OTOAI.

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OTOAI focuses on strengthening stakeholder relationships & extending support to sector

OTOAI held its General Meeting today in New Delhi, where they discussed about the work the association is doing with airlines and tourism board with the association members. Riaz Munshi, President, OTOAI, revealed that the association is focusing on building relationship with stakeholders and are extending their support in providing all the necessary information required. “This is the time of cooperation and building relationship so everybody can strengthen their business, said Munshi.

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OTOAI holds members meet in Delhi; focuses on creating innovative products

OTOAI invited their members for a gathering at Shangri-La on 3rd evening. OTOAI President Riaz Munshi greeted the members and said to gear up and get prepared. In his speech he talked about creating innovative products and to be step ahead of the requirement of the clients to deliver a better experience for them. The market is going to grow, there is a huge potential and opportunity for us and 2022 will definitely going to cross 2019 mark” said Munshi.

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