Fueled by travel & tourism, the demand for hotel stays has grown by 42% in 2023, with the first half of 2024 recording a 106% increase in foreign tourist arrivals in India, as cited by hospitality consulting service provider - Hotelivate.com Do you want to seize the potential of this sector? Invest in Tata Nifty India Tourism Index Fund before the NFO closes in 3 days. Invest before NFO closes on 19th July 2024. Visit the link to know more. https://bit.ly/3xGrXHc #TataMutualFund #InvestInTourism #NFO #TourismBoom #MutualFunds #IndexFundSimpleHai #NFO #NFOAlert #TataNiftyIndiaTourismIndexFund #TourismFund #3DaysToGo
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Regional Head of Business Development at Sovereign PRO Partner Group UAE/KSA/QATAR - Business Structuring| Visa & PRO Services, Compliance Services
Saudi Arabia had more than 100m tourists who spent SR100bn ($26.7bn) in 2023, according to the Kingdom’s Minister of Tourism. The tourism sector in the Kingdom is said to have achieved its goal of hosting 100 million tourists in 2023. Of these, there were 77 million domestic and 27 million international tourists, who collectively spent SR100bn ($26.7bn). The Crown Prince’s new strategy aims to attract 150m tourists, some 80 million domestic and 70 million international tourists, by 2030. Read the full article in the link below: https://lnkd.in/eXpdnnKs #gulfnews #ProPartnergroup #uaebusiness #uae #business #hospitality #saudiarabia #saudibusiness #ksa #tourism #travel #visitsaudi #growth #economy #vision2030 #saudivision2030
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An enlightening moment at #ETTravelConclave as Arvind Singh, Former Secretary, Ministry of Tourism, Government of India (GoI), and Former Chairman, AAI, shares his invaluable insights, paving the way for a transformative future in the realm of travel. 🌍✈️ Key Takeaways: "In APAC, India emerged as the most resilient country in terms of tourism recovery. Forecasts suggest the country reaching 2019 levels by Q4 2023, employing 1.6 million jobs in 2023." "Multi-generational travel has emerged as a new feature. More accommodations features need to be set up to cater to this segment." Know More: https://bit.ly/46KJWYJ #ETTravelConclave #ETTravelAwards #ETTravelTourism #ETTravelSummit #LiveSession
ETTravelWorld Travel & Tourism Annual Conclave 2023 - Second Edition
travel.economictimes.indiatimes.com
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BA Business Admin (UK) 🎓| Airline Marketing Intern - John Keells Holdings PLC| LinkedIn Content Curator
🇱🇰 EXCITING NEWS FROM SRI LANKAN AIRLINES! 🌍 Recently, an engaging session at the Sri Lanka High Commission in London brought together top UK tourism agencies and Foreign Minister Ali Sabry. The goal? To supercharge Sri Lanka's status as a leading tourist haven. Chinthaka Weerasinghe, Regional Manager for Europe and Americas at SriLankan Airlines, stressed the UK's huge role in Sri Lanka's tourism success. Despite challenges, Sri Lanka reached 70% of pre-COVID tourist levels in 2023. Looking ahead to 2024, the airline plans to boost growth with increased social media promotions and a focus on eco-friendly tourism. High Commissioner Rohitha Bogollagama emphasized the need for UK tour operators and the Sri Lankan government to collaborate, highlighting Princess Anne's recent visit as a symbol of the strong Sri Lanka-UK bond. During the Q&A, topics like travel investment, streamlined visa processes, diverse tourism offerings, and increased funding for promotions were discussed. Foreign Minister Ali Sabry pledged to address these points, ensuring a thriving tourism sector. In his closing remarks, Minister Sabry celebrated a remarkable 106% YoY growth in tourism, attributing it to partnerships, resilience, and trust. He affirmed a commitment to strengthen ties with UK tour operators, fostering mutual benefits. As Sri Lanka cements its place as a premier destination, SriLankan Airlines and partners are set to propel sustained growth, nurturing stronger ties between the UK and Sri Lanka. 🛫🌴 #sriLankanairlines #tourismboost #srilankatourism #tourismindustry #srilankaukcollaboration 🌐 Source: https://lnkd.in/gSEpXq7T
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CFA L1 Candidate | Equity Research Enthusiast | Intermarket Analysis | Market Breadth | Relative Strength Charts | Time Cycle | Tape Reader📈
National Stock Exchange (NSE) has introduced a new thematic index. The Nifty India Tourism! It currently has 17 constituents, representing the travel and tourism theme. The biggest stock by weight is Indigo✈️ Travel and tourism are among India's largest industries, contributing around $199.6 billion to the country’s GDP The aim is to promote India as a premier international tourism destination #nifty #stockmarket #india #niftyindiatourismindex
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APAC FDI Expert | Trade & Investment Strategy | Market Access | Capacity Building & Entrepreneurship
Fascinating insights! The Asia Pacific region has faced challenges in recovering from the pandemic, with more stringent and prolonged travel restrictions, particularly in China. However, a remarkable resurgence in tourism is evident, particularly in intra-Asian travel. Notably, there has been substantial investment in Asia, with The Pacific islands, such as Fiji, spearheading tourism infrastructure development. For instance, Fiji is on course to construct 5000 hotel rooms, supported by recent Foreign Direct Investment (FDI) from the Middle East and similar stories in other SIDS. ASEAN is also poised for significant growth, with Nikkei reporting plans to double passenger capacity in countries like Thailand, Vietnam, the Philippines, Malaysia, Indonesia, Singapore, and Cambodia. Anticipated developments project a total annual passenger handling capacity of at least 653 million people by 2030. This growth is accompanied by a surge in new aircraft and infrastructure projects to meet the escalating demand. The Asia Pacific region emerges as a compelling destination for Tourism FDI, with its economic resurgence, burgeoning middle class, and increasing desire to explore the region. This confluence of factors sets the stage for a remarkable renaissance in the region's tourism industry.
✈️ The tourism industry is almost back to pre-lockdown numbers but this doesn't seem to be converting into the same level of Tourism FDI Projects. Our Consultant Bruno Schaaf takes a closer look ... #tourism #fdi #investment #trade John McIlroy Jens Manke Aisalkyn Dzhanieva Sonja Claas Alexander Lott 骆琨达 Nell Poehlman Mario Monsreal Vargas Dr. Hans-Christian Busch Julia Christina Cors Mark O'Connell Gareth Hagan Ian Hunter Tom Munro Loïc Blanc Abbey Salako MCIM, CMktr Therese McCrory Natalie Magill https://lnkd.in/e9TkXRmY
Tourism Roars Back, But Tourism FDI Lags Behind - OCO
ocoglobal.com
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𝐒𝐚𝐮𝐝𝐢 𝐚𝐜𝐡𝐢𝐞𝐯𝐞𝐬 𝐭𝐨𝐮𝐫𝐢𝐬𝐦 𝐦𝐢𝐥𝐞𝐬𝐭𝐨𝐧𝐞: 𝐠𝐥𝐨𝐛𝐚𝐥 𝐚𝐫𝐫𝐢𝐯𝐚𝐥 𝐢𝐧𝐜𝐫𝐞𝐚𝐬𝐞𝐬 𝐛𝐲 𝟏𝟓𝟔% According to recent research, Saudi Arabia has achieved a remarkable accomplishment in the tourism sector, fully recovering and posting a 156% increase in foreign arrivals in 2023 compared to 2019. The World Tourism Organization's (UNWTO) January 2024 Barometer report highlights this as a remarkable comeback. This accomplishment has helped the Kingdom's economy flourish and established it as a significant force behind the Middle East's tourism industry's comeback. With a 22% increase in 2023 over 2019, the region—led by Saudi Arabia—is the only one to surpass pre-pandemic tourist levels. The tourism industry is gradually recovering on a global scale. By the end of 2023, there were around 1.3 billion international arrivals worldwide, 12% fewer than before the pandemic. Worldwide revenue for the industry came close to $1.3 trillion, accounting for 93% of the $1.5 trillion total in 2019. Based on preliminary UNWTO data, tourism's direct contribution to the world GDP was projected to reach $3.3 trillion, or 3%, in 2023. Yannick Jullienne Meshaal Qureshi Shivani Thapa Vartika (वर्तिका ) Chaturvedi (चतुर्वेदी) Madhulika Singh #TBOAcademy #Saudi #VisitSaudi #Tourism #MilestoneAchieved #Growth
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India's Travel and Tourism Industry: A Billion-Dollar Journey Towards Unprecedented Growth. India's travel and tourism industry is set for robust growth, with a projected US$ 512 billion contribution to the GDP by 2028, up from US$ 185 billion, indicating a 22% compounded annual growth rate. The positive outlook is driven by sustained demand for domestic leisure and business travel, including MICE activities. The government is supporting the sector with long-term interest-free loans for states to develop tourist centers and a special focus on tourism in budget announcements. The industry is also experiencing a shift towards experiential travel, further bolstering its growth prospects. Overall, India's travel and tourism sector is poised for significant growth, driven by demand, government support, and changing travel preferences. #India #Tourism #Travel
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In pursuit of Swachh Bharat Mission, a special project was taken up under the name of Swachh Iconic Places (SIP). The objective was to achieve a distinctly higher level of sanitation not only at the main site, but more particularly in the approach areas and peripherals. About forty such centres spread across the country; largely places of pilgrimage A visit to any of these identified iconic places provides a different picture today. The SIP project has brought improved toilet systems, sewage treatment plants, drainage, water vending machines; often moving into larger infrastructure, better transport and road maintenance, lighting, parks, structure restoration and technology integration. This has been possible by building systematic sanitation plans in consultation among central and state agencies, technical experts, local bodies, trusts and trusts and managing committees, with corporates lending financial and technological help While centres such as the Golden temple, Tirupati, the Vaishno Devi shrine and Taj Mahal already had a significant level of sanitation management, transformation at places like Jagannath temple is remarkable, thanks to proactive initiatives and the availability of newer automatech technologies, products and systems. Odisha has embarked on an ambitious temple development and modernization programme, of which sustained sanitation to cater to seasonal loads of pilgrims is an essential part. Deep cleaning is an essential aspect of maintaining the cleanliness and sanctity of religious spaces. These spaces hold great significance for worshipers, providing a place for spiritual reflection, prayer, and community engagement. However, over time, these spaces can accumulate dust, dirt, and other pollutants that can detract from the overall atmosphere and experience. In this article, we will explore the importance of deep cleaning in religious spaces and discuss its various benefits. From preserving the spiritual atmosphere to ensuring the health and safety of worshipers, deep cleaning plays a crucial role in maintaining the sacredness of these spaces. Keep reading to know more........ Swachh Bharat Urban Swachh Bharat Abhiyan SwachhCity Admin Akshardham Religious & Spiritual Places Shree Somnath Trust Temples of India Shiv Temple Construction india मंदिर बांधकाम Temple Info SHRI BALAJI TEMPLE Shri Kashi Vishwanath Temple Trust Shri Kashi Vishwanath Temple Trust Shri kashi Vishwanath Jyautish-Dharma Parishad ISKCON ISKCON Temple Chandigarh ISKCON Bangalore✔ ISKCON PURI ISKCON Habibpur ISKCON Ghaziabad ISKCON Chitrakoot ISKCON BIKANER BAPS Shri Swaminarayan Mandir BAPS Mandir Swaminarayan Hindou de Paris Hare Krishna Golden Temple Calvary Temple Vrindavan Chandrodaya Mandir TEMPLE OF UNITY Iskon Temple The Kings Temple Church Shri Ram Temple Kamarpal Gatanga Temple Kanadikavu Sree Vishnumaya Kuttichathan Swami Temple Sri Shirdi Sai Temple Mahabodhi Temple, Gaya, Bihar #CleanIndia
India has risen to the 39th Place on the World Economic Forum’s Travel & Tourism Development Index 2024. With the government of India chalking out major plans to revamp T&T, the growth has a spillover effect on affiliated segments. The Cleaning Industry that keeps these segments running smoothly talks about the opportunities and challenges in catering to Travel & Tourism. Read to know more - https://bit.ly/4cBYuwC Click to subscribe - https://bit.ly/4cY6CZp #TravelAndTourism #TourismDevelopment #IndiaTourism #EconomicGrowth #TravelIndustry #TourismOpportunities #CleaningIndustry #HospitalitySector #TourismGrowth #IndiaTravel #TourismChallenges #IndustryInsights #SustainableTourism #TourismEconomy #CleanIndia #TourismInfrastructure #CIJ J. P Nair| Mohana M| Reema Trivedi| Tulsi Khandelwal| Divya Patel | Shubha Acharya Patange
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Chief Executive Officer at Miki Travel Asia / Strategy & Growth / Executive Leadership / Innovation & Transformation / Commercial Excellence / Operational Excellence / Customer Experience
With a projected growth rate of 9.62% from 2024 to 2028 - India’s travel and tourism market presents a significant potential for investment and business opportunity. Miki Travel Asia currently has 2 offices in India to support the high-growth market with emphasis on providing Indian food options in Europe. The prominence of sustainable tourism, package holiday promotions, and the opening of 100% FDI in tourism ventures signals the government’s commitment to attract travelers, foreign investment, and foster overall growth in the tourism and travel sector. Having visited India numerous times, it is clear that their rich cultural heritage gives them a unique competitive advantage. Fuelled by the country's increasing investments and subsequent job creation, it will be interesting to see how the travel and tourism sector evolves and plays a larger role in India’s overall economic development. https://lnkd.in/eB3ZcqMX #India #Travel #Tourism #2028 #Growth
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Times of Bahrain was established with an aim to bring authentic, reliable and honest journalism to the people of Bahrain.
Bahrain, Kuwait sign tourism cooperation agreement Kuwait: Fatima bint Jaafar Al Sairafi, Minister of Tourism and Chairperson of the Bahrain Exhibition and Tourism Authority (BETA), has underscored the importance of advancing cooperation between Bahrain and Kuwait to achieve more integrated horizons in various fields. The minister highlighted the strong bonds uniting the two countries, founded on a history of brotherhood and guided by the vision and directives of His Majesty King Hamad bin Isa Al Khalifa, and His Highness Sheikh Mishal Al Ahmad Al Jaber Al Sabah, Amir of Kuwait. The tourism cooperation agreement for 2024–2026 aims to enhance collaboration in tourism promotion, marketing, and activation. It seeks to develop cooperative opportunities that reflect the strong ties between the nations, encouraging entrepreneurs and investment firms in both countries to establish joint tourism projects. The agreement also focuses on promoting tourism-ready investment opportunities and coordinating the exchange of legislation and regulations related to tourism and hotel activities. Minister Al Sairafi reiterated Bahrain’s commitment to strengthening Gulf cooperation to boost inter-tourism, creating a comprehensive regional tourism system that enhances its contribution to the GDP. She noted that the GCC countries are vital tourism markets as outlined in the Tourism Strategy 2022-2026, and the agreement with Kuwait supports this strategy's objectives and unifies efforts to develop the tourism sector in collaboration with the private sector. The minister affirmed Bahrain’s dedication to launching joint tourism packages celebrating Gulf identity, especially with Manama being selected as the Gulf Tourism Capital for 2024. She emphasized that Bahrain will continue promoting tourism exchange and cooperation by facilitating joint tourism programmes at competitive rates, positioning the GCC region as a unified destination. This will highlight the rich Gulf culture and foster the development of a promising sustainable tourism sector in the region. Visit: timesofbahrain . . . . #timesofbahrain #investigation #localnews #gulfnews #worldnews #tob #tobnews #tobinvention
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