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| TRAVEL MONITOR |
Germany Inbound
Germany has been a popular destination in Indian outbound market with regards to business travel. However, for the past couple of years German National Tourist Board (GNTB) has been aggressively pushing the country as a leisure destination in India through various themes like family fun, active lifestyle holidays, etc. While a dip of two per cent in overall overnight stays is the forecast for this year, forecast of overnight stays from Asia is pegged for a growth of 2.6 per cent. India and China are expected to contribute significantly.
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| FOCAL POINT |
 (Un)-Conventionally Speaking
The next Travel Agents Association of India (TAAI) convention is likely to be held abroad - again!
This is the impression we gathered from Rajji Rai, President, TAAI recently when he spoke to us at the inaugural of a very impressive travel and tourism exchange, in Delhi. We were disappointed, at first, and asked him why TAAI should move off-shore. Rai looked around the crowded hall. “Because” he said, “as the industry grows, we’re running out of options in India. Not many of our cities can cater to large conventions. The facilities here…” in Delhi’s Pragati Maidan “… were great when they were built, perhaps. But they’re showing their age.”
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| SPECIAL OFFER |
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In today’s business environment where slowdown and recession pose major challenges to growth, controlling costs is an imperative. However, at the same time, one has to reach out to a larger target audience for maintaining the revenue levels, thereby putting pressure on advertising and marketing budgets.
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| This Week's Top Headlines |
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Lalit Group plans budget hotels |
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The Lalit, a Delhi-based hospitality group, plans to enter the middle to economy hotels segment by investing Rs 1500 crore. The funds for expansion will be arranged through internal accruals and debt. ...read more>> |
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