Tourism Breaking News
Anirban Chakraborty, MD & CEO, Tourism Finance Corp India (TFCI) has praised the Reserve Bank of India (RBI) Policy, saying that instead of tinkering with Reverse Repo Rate, RBI has continued its accommodative stance. “The decision of status-quo shall provide relief to the economy, especially affected sectors like hospitality, retail, real estate, auto, etc., for some more time. Further, allocation of Rs. 2,400 crore to the Ministry of Tourism in the Union Budget this year (18.42% higher than the previous year), coupled with low interest rate regime, shall greatly benefit the hospitality sector.
Breaking News
- India, targeting a 30% market share by FY2032, needs approx additional 60 widebody aircraft: CAPA
- Join a webinar about Eurail passes and learn to book passholder fares with Rail Europe on 30 April at 3pm
- HRAWI proposes to set up bureau to promote Maha as an enticing destination for M!CE events
- UPTCL Indo Jaya Cup, held in Lucknow, will offer opportunities to expand tourism business in UP
- India’s outbound potential and opportunity in transfer traffic via Indian hubs, makes it an exciting long-haul market: CAPA India
- Vistara allows agents to use specific TMC credit cards, more banks to be added to list on TAAI’s request: Jay Bhatia, VP, TAAI
- No active pipeline of hotel development in Delhi to meet increasing demand of incoming air passengers
- IHG Hotels & Resorts to double presence in India with 100 operating hotels in 5 years
- 60% of APEC Gen Zs and Millennials are actively subscribed to loyalty programmes: Marriott Bonvoy survey
- Palladium Hotel Group debuts in Middle East on Al Marjan Island with more than $100 million in investment
- IHCL opens 95-key Vivanta hotel in Jamshedpur, Jharkhand
