India’s hospitality sector’s contribution is projected to reach $450–500 billion by FY30: CareEdge- Republic World

Spice Route | The Imperial Hotel, Delhi | Cost for two: Rs 6,000 | Image:The Imperial Hotel website Hospitality sector growth: India’s hospitality industry is experiencing a notable rise in capacity additions, particularly in the midscale-economy segment, fueled by a resurgence in domestic tourism, the resumption of international flights, and a gradual recovery in foreign […]

Tourism sector will need to go green for growth

The tourism sector is expected to play an integral role in Viksit Bharat preamble. The projections indicate that this sector is poised to generate employment for 137 million people and contribute an additional $250 billion to GDP by 2030. The sector is predicted to grow at an annual rate of 7.8 per cent by 2031 […]

Thailand, China Agree on Visa-Free Travel in Boost for Tourism Recovery

Thailand and China have agreed on a bilateral deal to waive visa requirements for travelers, according to Prime Minister Srettha Thavisin, a move likely to accelerate the pace of the post-pandemic recovery in the Southeast Asian nation’s key tourism industry. Chinese visitors to Thailand will be exempted from visa needs beyond the current temporary scheme […]

India should be at the front-line of an ongoing global battle to attract tourist

Away from the headlines, a war has broken out among developing countries. Nations are seeking to take each other’s citizens temporarily hostage as the important year-end holiday season unfolds. Visa-free travel for Indians (and other nationalities such as Kazakhs and Chinese) to countries such as Thailand, Malaysia and Sri Lanka has expanded since October. Last […]

Iceland to Hike Tourism Tax to Ease Nature Impact, Premier Says

Iceland is turning to taxes to reduce the impact exponential growth in tourism has on its pristine wilderness, Prime Minister Katrin Jakobsdottir said. “Tourism has really grown exponentially in Iceland in the last decade and that obviously is not just creating effects on the climate,” Jakobsdottir said in an interview with Shery Ahn on Bloomberg […]

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