Tag Archives: Vice-President

Paramprit Singh Bakshi, Vice-President, CAPA India, said, “Amid strong demand and “unprecedented investment in aircraft orders, product, brand, technology, the Indian airport industry’s profit before tax (PBT) is expected to grow by 35 per cent year-on-year (Y-o-Y) to Rs 10,370 crore in the financial year 2024-25 (FY25)”. The industry, in FY24, is estimated to have had a PBT of Rs 7,680 crore, which was 134.1 per cent more Y-o-Y as the airport sector recovered after Covid-19.

The Federation of Hotel & Restaurant Associations of India (FHRAI) is exploring legal remedies with regards to the recent ban on sale of liquor. Speaking at the occasion, Dilip C. Datwani, Vice President, FHRAI, said “Rs. 200,000 crores loss to the exchequer and closure of more than 1 lakh establishments is not a small thing. We would not have minded being sacrificed if the ban were to yield results. But reality is that all the job losses and other damages would be wasted. The object sought would not be achieved”. “Total consolidated loss to both States and to the industry will be around Rs. 220,000 crores. The entire MICE industry including weddings, corporate events will be negatively affected,” said Garish Oberoi, VP, FHRAI. “There has been an unprecedented blanket ban on all national highways across the country without seeing the practical aspect of the topography & terrain of the cities, in the process having affected hotels and restaurants, who have invested crores of Rupees towards the development of the tourism industry in the country. For example, Darjeeling, which falls on NH 55, has hotels stretched over 77 kms from the very base of the town of Siliguri that are directly affected,” further continued T. S. Walia, Vice Presidents, FHRAI. ‘The judgement has effected those establishments that operated legally and we are not takeaways and serve for consumption in premises only. Many entrepreneurs who have taken loans will be placed at a disadvantage. It will make their properties non preforming further ‘continued S. M. Shervani, EC Member, FHRAI.

Lords Hotels & Resorts has signed up its 27th hotel property at Sasan Gir in Gujarat. Presently run as Vishal The Greenwoods, the hotel will come under the Lords Hotels & Resorts banner and will begin operations under the new management this month. One of the closest hotels to The Gir National Park, Vishal Lords Inn – Gir Forest offers an unparalleled locational advantage to tourists visiting the park. Located at a close proximity to the Madhuvanti Dam, the premium property offers seventy-two keys to stunningly spacious villas, luxurious suites, and plush rooms. Some of the other amenities include a mini theatre, swimming pool, game zone, a well-furnished restaurant and above all a great view of the Gir Forest. The discerning guest, the hotel houses an Ayurveda spa and even a shopping arcade. The launch of this hotel follows the opening of a hotel property in Bharuch which the hotel chain had signed up last year. The addition of this property makes Lords Hotels & Resorts the largest and the most dominant hospitality chain in the state of Gujarat. “Being the only region in Asia that is home to lions, Sasan Gir enjoys a round the year tourist inflow including foreign tourists. The region is a dry deciduous forest however the hotel has been developed in absolute contrast to its surroundings. With plantations of several trees and exotic plants, the infrastructure will provide the guest with a green and clean environment while in the hotel premises. The hotel also co-ordinates lion safari options for the guests. While the services and amenities will be at par with any other hotel in the neighbourhood, the tariffs will be much more economical,” says …

Global Panorama Showcase (GPS) was inaugurated on January 20, 2016, at Hotel Centre Point, Nagpur in the presence of Satinder S. Ahuja, Honorary Counsul, Consulate of Georgia, Marzban Antia, Vice President, TAAI, Ankush Nijhawan, MD, Nijhawan Group, and SanJeet, Vice Chairman, PATA India and MD, DDP Group, among other dignitaries. Harmandeep Singh Anand, Co-founder, GPS and MD, Jagsons Travels, informed that 108 exhibitors showcased their various products and offerings for the Tier II and Tier III markets. The event was attended by over 600 buyers. “If we see the multiplier effect, then approximately for 108 exhibitors and 1,000 buyers, 100,000 meetings can be done. This is a huge number. We have witnessed 99 per cent success in terms of exchange of e-cards.” The GPS mobile application launched for the 5th edition has been a huge success, Anand informed adding that the application is undergoing constant upgrade. He informed that to facilitate live feed and news, TravTalk will be integrated in the application. In the upcoming events, video conferencing facilities will also be made available to the attendees. “The buyers and exhibitors can maintain the database and keep in touch even after the show. All data can be found at one marketplace which will bring together the big and small service providers as well as all kinds of travel agents and tour operators in the Maharashtra, Chhattisgarh and Vidarbha a region” he added. He further informed that five per cent of the profit from GPS this year will be contributed to Dr. Amit Samarth, a doctor by profession but a sports and fitness promoter in India, in order to fund his endeavour to compete in race across America challenge in 2017. …

Riaz Munshi, Managing Director, N. Chirag Travels and Vice President, OTOAI, says it is a negative and an unfortunate move for the tourism and hospitality industry. “The increase in service tax is almost nine per cent more and a deterrent to our business as it reduces the competitiveness of our packages. The government has to understand that the products sold are available globally and an Indian traveller might as well buy a package for Singapore from a travel agency based in Singapore rather than pay 9 per cent extra tax to an Indian travel agency. The travel agencies based abroad do not need to pay this service tax and thus can sell packages at a much cheaper rate than us. We as OTOAI will put forward our concerns to the government and highlight how this move is a dampener to the growth of our tourism industry.

The Travel Agents Federation of India (TAFI) is planning to organise a day-long symposium in Mumbai in the third or fourth week of February 2017. The symposium will focus on issues like e-visas for inbound traffic, visa challenges for outbound traffic from India, GST and other topics that the Union Budget will touch upon. Sharing more details, Pradip Lulla, Vice President, TAFI, said, “We will get experts to address our members who will be not from Mumbai but also from Pune and surrounding areas. We will also invite stakeholders like airlines and consulates. Topics are yet to be firmed up.” TAFI had conducted a similar symposium in New Delhi in October 2016 where it had also launched its new logo. “We want to replicate this in other metro cities as well and discuss topics that are relevant for that particular region,” Lulla added.

Best Western Hotels & Resorts has announced a partnership in India with RoomsXML, an accommodations wholesaler that exclusively services travel agents. Tajinder Singh, Vice President, Sales and Marketing, Best Western Hotels & Resorts India, Bangaldesh & Sri Lanka, said, “We will provide them with ready access to our more than 4,100 hotels around the world. RoomsXML meets our business needs and aspirations as we look to grow our footprint across the region, and we are confident they will help us be successful in our mission moving forward.” RoomsXML is a winner of numerous industry awards and accolades, including India Travel Awards – West. All properties available on roomsXML are 3-stars and above.  RoomsXML is also the world’s first system to have a dedicated mobile interface exclusively for travel agents. Prakash Bang, MD, RoomsXML, said, “We believe our focus has led Best Western Hotels& Resorts to choose us as a preferred direct distribution partner. We are excited to formalise our relationship with Best Western. The association will bring incredible value to our travel agent partners, who will gain from seamless access to the company’s global portfolio of 4,100 hotels.”

Hotel Formule1 has launched two hotels in Nashik and Chennai. With the new openings Hotel Formule1 expands its network across 9 cities in India. “Over the years, Hotel Formule1 has emerged as one the ideal choice for all travellers looking for comfortable, modern yet pocket friendly stay. The opening of Hotel Formule1 Nashik & Chennai OMR, is a step towards growing the brand portfolio keeping in line with the demand in the cities. Our hotels will strive to consistently provide guests a contemporary and refreshing stay experience at a great value,” says Balvinder Sahrawat, Vice-President, Hotel Formule1 India. Located in close proximity to industrial areas and popular tourist spots, the 101-room Hotel Formule1 Nashik has a self-service design concept best suited for business and leisure travellers to the city. Renowned as the holy city for Hindus, Jains and Buddhists, Nashik is one of the most up-and-coming cities in Maharashtra with a vibrant culture and entertainment ethos. Featuring 132 sound proof rooms, Hotel Formule1 Chennai OMR (old Mahabalipuram road), is strategically located amidst the business and IT hub of the city. Despite being an important city for manufacturing, health care, and IT, Chennai has developed as one of the cosmopolitan cities in India that plays an important part in the cultural, intellectual and historical growth of India. Hotel Formule1 rooms are indigenously designed and developed to make the best use of space that is conducive and comfortable.  Each room features a flat screen LED television Wi-Fi internet access and in-room amenities. F and B outlets include a lounge and a restaurant. The brand is the market’s first low-cost brand and it was revolutionized in 1985.  The hotel has a presence across …

Outbound Tour Operators Association of India (OTOAI) is mulling to have its next convention in Turkey. Riaz Munshi, Vice President, OTOAI, said, “We are going to have our Educational Tour in Turkey next year in March and also might have the Convection there. It’s not fixed yet but we are still in talks with them and you will shortly hear from us.”

As part of its makeover plan, the Travel Agents Federation of India (TAFI) has announced that it will be organising at least two symposiums next year. Pradip Lulla, Vice President, TAFI, said, “We will have symposiums starting next year over and above our annual convention. One of our main objectives is to get on a digital platform where we can integrate our members. The Managing Committee is working on the details of the digital platform. We have already identified the platform but basic implementation needs to be firmed up. It will be confirmed by early next year. The symposium will discuss on how to improvise our existing Joint Bank Guarantee program. The convention details will be divulged by March 2017.” He added that TAFI is also looking at new ways of educating its members on how to do business better.