Travel Sector

Another Airline for U.A.E. skies

Another Airline for U.A.E. skiesGulf's skies are set to be busier as a new Abu Dhabi-based low-cost airline has been planned which would be the third budget airline of Emirates. The move is aimed to tap the huge potential of the low cost segment of the market in tandem with the growth of Gulf's premium airlines.

David J Bentley, Joint Managing Director of Big Pond Aviation added, "The Middle East is still playing 'catch up' with the rest of the world as far as LCCs (Low Cost Carriers) go."

MakeMyTrip Joins Hands With Atom Technologies

MakeMyTrip Joins Hands With Atom TechnologiesWith the intention to provide Travel Booking & ticketing over cell phones, Atom technologies, a major supplier of m-Commerce solutions, has signed up a partnership deal with MakeMyTrip, India's top online travel company.

Atom's mobile application will now facilitate users to hunt, book, pay and even receive their tickets on their cellular phones without paying any extra cost.

Explore Jim Corbett's life and times

 Jim Corbett's The state government will launch an adventure tourism package next week to give the visitors an experience of the life and times of the legendary hunter Jim Corbett.

Corbett Heritage Tourism Package is a move by the tourism department’s initiative to promote eco-tourism in Uttarakhand, State Tourism Minister Madan Kaushik told Hindustan Times on Sunday.

It would become a regular feature on the tourism package offered by the Kumaon Mandal Vikas Nigam for tourists visiting Nainital, the minister said in a conversation over phone from Haridwar.

Malaysia’s tourism minister told not all Indians speak English

Malaysia’s tourism minister told not all Indians speak EnglishKuala Lumpur, Oct. 29 : Malaysia’s Tourism Ministry has been urged to install Tamil signboards and announcements at airports in order to cater to non-English speaking Indians.

The Star quoted Malaysian Indian Congress Youth secretary R. Sivaraj, as saying that the government should ensure hassle-free guidance for Tamil-speaking tourists.

Sivaraj expressed surprise over how could the Tourism Minister Dr Ng Yen Yen presume that most Indian tourists were proficient in English.

Crossing the danger marks

KTDCWhen Jalakanyaka, the Kerala Tourism Development Corporation (KTDC) boat that capsized in Mullaperiyar lake in Thekkady on September 30, was tugged on shore, rescue workers were shocked. They found lifejackets, mandatory for such cruises, dumped in the engine room, most of them still not taken out of their packets.

An embarrassed KTDC chairman Cherian Philip admitted: “Many lives would have been saved (had the life jackets been used).”

Theme for a dream holiday

Travel Travel enthusiasts in India are venturing beyond the obvious to indulge in specialised, theme-based, holidays. To cater to this growing demand, there’re vacations based around fashion weeks, world sporting events, spa therapies and more on offer.

P Srinivas, senior vice president (special interest tours), SOTC says, “We’ve seen a marked shift in sports tourism since 2003.” He adds that travellers have the option of picking from holidays based on cricket world cups, the Olympics, Wimbledon as well as F1 Grand Prix. Even niche sports like soccer have begun to get a huge response.

Railways to cut Tatkal charges from October

Indian RailwaysRailways, on Monday announced a decrease in tatkal charges for respective classes. The new charges will come into effect from October 1. According to the new system, the charges will be on actual distance of the journey, as against the current system of end to end.

The new tatkal charges will be imposed at the rate of 10% of basic fare for second class passengers and 30% of basic fare for all other passengers.

According to the revised charges, second class passengers will have to give between Rs 10 to Rs 15. Likewise, passengers booking a berth in sleeper class will have to pay between Rs 75 to Rs 150.

Cox and Kings files DRHP with SEBI

Cox and KingsCox and Kings (India), one of the oldest and most reputed travel organizations in India operating as a one-stop-shop for all travel related products, has filed its Draft Red Herring Prospectus (DRHP) with the market regulator (SEBI) to enter the capital market.

The company will soon come with its Initial Public Offering (IPO) of 18,496,640 equity shares of Rs 10 each for cash.

India and Singapore sign deal for tourism promotion

India and Singapore sign deal for tourism promotion   India and Singapore will work to promote tourism between the two countries under a joint action plan signed between the Tourism Minister Ms. Selja and the Singapore Minister of Trade, Industry and Education S. Iswaran in New Delhi .

Kumari Selja said, "We have great historical relations with Singapore. We want investors from that country to invest in hotels, local tourism and a number of lucrative areas."

Tourism revenue tumbles 17.9 per cent in Greece

Tourism revenue tumbles 17.9 per cent in GreeceAthens  - Tourism spending in Greece fell by 17.9 per cent for the first five months of the year compared to the same time period in 2008, officials said Wednesday.

The data is a further indication that the global recession is hurting the tourism industry.

According to data by the central bank, tourism spending in May fell by 24 per cent, to 824.2 million euros (1.17 billion dollars), compared with 1.09 billion euros in May 2008.

Drop by 23.6 percent seen in Premium air travel in May

Drop by 23.6 percent seen in Premium air travel in May

May saw a faster drop in global airline passenger travel as compared to the previous months, said a trade group Thursday. The group noted that things don't seem to be getting better in the air crisis scenario.

During the month of May, a fall by 23.6 percent was seen in the number of passengers flying on premium tickets, as compared to the May 2008 figures. The International Air Transport Association says that this follows a 22 percent decline in April.

Mahindra Holidays IPO to open on June 23

Mahindra HolidaysMahindra Holidays & Resorts India Limited, a part of the Mahindra Group of Companies, is entering the capital market with a public issue of 92.65 lakh equity shares of Rs 10 each for cash at a premium to be decided through the 100 per cent book building process.

The issue, which will represent 11% of the post-issue paid up capital, will open on June 23 and close on June 26.

It should be noted that, credit rating agency Fitch Rating India, has already assigned '4' out of '5' grading to company IPO, which reflects 'above average fundamentals' of the issue relative to other listed equity securities.

TCI Q4 net dips 28.43% at Rs 11.20 crore

TCI Q4 net dips 28.43% at Rs 11.20 croreTransport Corporation of India (TCI) has revealed that it has recorded a dip of 28.43% in net profit which stood at Rs 11 crore in the fourth quarter of the fiscal ended March 31, 2009.

The company stated in a communiqué to Bombay Stock Exchange that it has clocked a lower profit at Rs 11 crore compared to net profit of Rs 15 crore in the same quarter ended March 2008.

The company's net sales for quarter under review have witnessed a downward trend to Rs 324 crore from Rs 328 crore in the same period last fiscal.

April becomes the month of positive tourist arrivals in NZ due to Easter

New Zealand

It has been confirmed by Statistics New Zealand that visitor arrivals in New Zealand for April 2009 were up by 9% from April last year, increasing by 16,500 to 195,900 for the month.

However, an increase does not mean that the tourism industry can take a sigh of relief, since SNZ warns that the increase came to scene due to the shift in timing of Easter, from March last year to April this year.

Furthermore, the tourist numbers are still down 2% from the same period last year, when the months of March and April are combined.

New Saadiyat Construction Village announced by TDIC

New Saadiyat Construction Village announced by TDIC On Sunday, the Tourism Development and Investment Company (TDIC), Abu Dhabi's major tourism asset developer, announced that it is constructing a Dh1 billion labor accommodation facility on Abu Dhabi's Saadiyat Island. It would be the first cluster which would be ready by July to accommodate 5,000 workers.

Services contraction brings gloom for tourism industry

New ZealandDuring the month of April, activity of services sector deteriorated for the thirteenth month in a row. This latest piece of news has been confirmed by the BNZ Capital-Business NZ Performance of Service Index (PSI).

For the month of April, the PSI was 43.7, which came as the second lowest overall result recorded and 3.4 points below March's level indicating service sector activity continues to shrink.

An expansion in index score of above 50 indicates sector activity was also being seen under pressure.

Jet Airways and Kerala Tourism launch ‘Jet2Kerala’

AirlinesPrivate carrier Jet Airways and Tourism department of Kerala have jointly launched 'Jet2Kerala' at the Trident, Nariman Point, Mumbai , in a bid to offer lucrative tourism packages to customers, visiting the state for the ongoing holidays season.

Travelers can avail these packages from department's website to enjoy stunning natural beauty, temples, forts and rich cultural heritage in the south Indian state.

March witnesses 11% decrease in NZ guest nights

March witnesses 11% decrease in NZ guest nightsStatistics for accommodation have witnessed a drop by 11% for the month of March, mostly affected by the late arrival of Easter this year.

For accommodation providers the depressed headline numbers from Statistics New Zealand are more bad news, but are unsurprising.

The statistics were low universally across the country and led by a 24 % decrease in paid guest nights in camping grounds for each accommodation type, typically strong performers during the Easter break.

Nearly 64 jobs lost at caravan maker, says Tourism Holdings

Nearly 64 jobs lost at caravan maker, says Tourism HoldingsIt was today expressed by Tourism Holdings that 64 roles would be cut at its Hamilton based business CI Munro.

CI Munro is a division of Tourism Holdings Ltd and it builds and rents out motor homes and caravans. It reported loss of $3.2 million in the six months to December 31st.  

Tourism Holdings chief executive Grant Webster said that the decision was based on the present global economic conditions and lack of demand for the company's products.

Abu Dhabi still aims at 2.7 million visitor target

Abu DhabiA decrease in visitors from developed markets has adversely hit tourism in Abu Dhabi, however the emirate is sticking to its target of 2.7 million visitors a year by 2012.

Dayne Lim Kok Chun, products development division director at the Abu Dhabi Tourism Authority reported, “Abu Dhabi has had cutbacks from tourists in Europe and developed markets, but it’s not something that would cause major alarm bells to cause us to review our longer target of 2.7 million.”


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