Media & Press Releases

 

TOURISM - SEASON OF SORROW - Subhash Goyal Chairman, STIC Travel Group

THIS season has been wiped out. The situation we are facing is unprecedented. Already reeling under.

Financial Express, 28th December, 2008

India rolls out red carpet for tourists

If you've been planning to visit India - whether to soak up Goa's splendiferous sands or ogle the Taj Mahal.

Asia Times, Online, 24th December, 2008

Trouble over 'Incredible India

Even as the government is thinking of giving a makeover to the ''Incredible India campaign'' as a part of its.

Business Standard, Online, 23th December, 2008

AVIATION - Gandhigiri does it for air travel agents

After months of protests, the travel agent fraternity has finally managed to cut a deal (a good one at that) with the airlines over the commission.

Financial Express, 19th December, 2008

Let's hit The Road

So, what.s the mode of transport you are going to take as you go out for you vacation this winter? Well if you go by the trends across the world, then forget air travel. Despite high.

The Pioneer, 18th December, 2008

A knotty affair

The wedding season is back in all its finery. But it's time to think out of the box - or even out of town. Wouldn't you like a wedding without the hassles? So, if you have a few months in.

The Telegraph- Personal TT, 13th December, 2008

Outbound: Most Asians curbing wanderlust

For years now, South Koreans have been avid globe-trotters, riding the Duck Tours in Singapore, snapping pictures of the Eiffel Tower in France, and cruising down the Nile in Egypt.

Asia One, 10th December, 2008

ATHITHI DEVO BHAVA

Terror-struck foreign tourists may shun India, but a cut in room rates may make domestic travellers pack their bags. So, let's say... THE 30% cut in room rates following the.

Economic Times, 10th December, 2008

Have a happy babymoon

FOR couples today, the ‘honeymoon period' doesn't seem to get over after a few months of marriage. Now, they venture out on exotic tours even a year down the road when they are about.

Financial Chronicle, 8th December, 2008

When will it be incredible India again?

Call it irony. Just a few days before the Mumbai terror strikes, Union Tourism and Culture Minister Ambika Soni had remarked that in troubled times, people often turn to God and.

The Pioneer, 4th December, 2008

Congress and CPIM extend support to travel trade associations on agency commission issue

The travel trade fraternity in the country, which has been fighting a battle against the implementation of zero commission regime by airlines, has found support from political parties.

Travel Biz monitor.com, 3rd December, 2008

Terror aftermath: Travel bookings drop and cancellations rise, About 30 per cent decline in group travel bookings

There has been a sharp drop of 30-40 per cent in group travel bookings, while several individual tourists have started cancelling their trips to India. A spokesperson for a general sales.

Hindu Business Line, 3rd December, 2008

Five days on, 30% foreign tourists cancel bookings

Travel companies have reported 20-30% cancellations in bookings from foreign tourists in the last 3-4 days, following Mumbai's terror attacks. They fear the peak tourist season.

Economic Times, 2nd December, 2008

FHRAI and IATO to rework three year old MoU ADTOI approaches FHRAI for similar MoU

Federation of Hotel & Restaurant Associations of India (FHRAI) and Indian Association of Tour Operators (IATO) have mutually agreed to rework the existing ‘Agreement on Code of Practice'.

Hospitality biz India.com, 1st December, 2008

Mumbai attacks add to air carriers' woes

India's air travel industry already hit by a slowdown in demand due to the global financial crisis, is faced with another setback after a series of terrorist attacks in the country's financial.

Hindu Business Line, 30th November, 2008

Mumbai Cancelled: terror hits tourism, hotels

THE SCARE among foreign tourists following the terrorist strikes at Mumbai's Taj and Oberoi-Trident hotels is likely to erode profits of hotel majors by as much as 20 per cent, industry.

Hindustan Times, 29th November, 2008

Travel business could melt a quarter

Already reeling under the impact of the economic meltdown, domestic as well as international travel is all set to take a big hit after the terrorist attacks on Mumbai. Travel companies.

Business Standard, 28th November, 2008

Winter Wonderland

It's THAT time of the year again — when long summer days give way to long winter nights and you dream of vast acres of spotless snow, or maybe, a group of friends strumming.

Financial Chronicle, 28th November, 2008

Aviation fuel prices, weak rupee impact outbound tourist traffic

The outbound tourist traffic, already clouded by the present economic crisis, has been hit hard by the fluctuating ATF prices, ever-weakening rupee and the zero commission.

Hindu Business Line, 25th November, 2008

Left steps in as travel agents stop ticket sales

Around a fourth (700) of the over 2,700 IATA airline ticket agents across the country are boycotting ticket sales of the 16 airlines, foreign and Indian, that have refused to pay.

Business Standard, 21st November, 2008

Travel firms see big jump in domestic bookings

UNCERTAINTIES over airfares - whether they will come down in December or not - have failed to spoil the holiday mood among travellers. Travel companies say that though.

Financial Chronicle, 20th November, 2008, page no.9

Honeymooners bucking slowdown blues

Worries? Not here. From idyllic weather, breath-taking scenery, the most private accommodations and beaches perfect for hand-in-hand strolls - honeymoon travel is going places.

Economic Times, 16th November, 2008

Honeymoon - Travels Unlimited

As long as marriages continue to happen, honeymoons cannot be far behind... It is recession proof! Pulkit and Mansi Patel's honeymoon in Morocco was the stuff of fairytales. They stayed.

Financial Chronicle, 07th November, 2008

Travel industry feels the heat of global crisis, terror attacks

Tourism in India has started taking a hit on the back of a global economic slowdown and recent bomb blasts in cities. Going by the rise in cancellations and fall in queries from foreign.

Mint, 05th November, 2008

Travel agents see 30-40% drop in foreign bookings

The weakening rupee, despite making India a cheaper destination for foreigners, has failed to lure tourists this time. According to the tourism ministry data, the growth rate of foreign.

Financial Chronicle, 04th November, 2008

Tourism winces in meltdown pain

The tourism and hotel industry are expecting a fall of 15-20 per cent in foreign tourist arrivals this year because of the global financial crisis.

The Telegraph, 03rd November, 2008

Big players have the edge but smaller ones not far behind

Big boys with running business have been ruling the roost in the travel industry. But recently even medium and small players have come into the picture. Though big layers have.

Trav Talk, 01st November, 2008 Page 86

Surviving the storm

Unbelievable RevPars, soaring occupancies and a blistering pace of growth - the fortunes of the past seem to have now been wiped out with the current downturn. In the golden period, many who witnessed this great Indian growth story, announced.

Express Hospitality, 1st to 15th November, 2008

Impact of cost-cutting measures

With companies reducing incentive travel and sales conferences as part of cost-cutting measures in the wake of the slowdown, activity in the meeting, incentives, conferences and.

Express Hospitality, 29th October, 2008

An idyllic escape

Could this be the country's new tourist hotspot? Tourists who want to get away from it all have been making the long journey to the Lakshadweep Islands, those distant tiny dots.

The Telegraph, 18th October, 2008

AND THE CALM - Fear of fare rise, fall in flight numbers

The cost cutting alliance between India's largest private-sector carriers - Jet Airways and Kingfisher Airlines - will lead to an increase in air fares and a cutback in flights on various.

The Telegraph, 16th October, 2008

Meltdown forces tourists to tighten purse strings

The global economic crisis has put paid to holidayers' plans of globetrotting this travel season. With the rupee falling to a six-year low of Rs 48.42 per US dollar, travelling abroad.

The Times of India, 9th October, 2008

TRAVEL 360 - Seniors on the run

All the world's their oyster for senior citizens bitten by the travel bug

The Telegraph, 4th October, 2008

TERROR ENDS 'INCREDIBLE INDIA' DREAM

Canada, UK, Australia & New Zealand caution citizens travelling to India
FOUR countries- Australia, Canada, Great Britain and New Zealand - have warned their citizens to travel to India at their own risk and this has spurred the country's top tour operators.

Mail Today, 3rd October, 2008

Airlines to raise fares again

Air travellers should brace themselves for another round of air fare hike this festive season. And travel agents will have to learn to live without the commission on tickets they get from airlines.

The Hindustan Times, 27th September, 2008

Air fare to rise again as travel agents plan transaction fee

IT'S a double whammy for air travellers. As if the high aviation turbine fuel (ATF) surcharge was not enough to fuel air fares, travel agents want to charge transaction fee.

Financial Chronicle, 16th September, 2008

Incredible India braces for a lean 'busy' season

The recent bomb blasts in the Capital are set to have a significant impact on travel, especially inbound tourism, already grappling with slowdown.

The Economic Times, 16th September, 2008

A break from the ordinary

Popular tourist destinations are passé, take a detour to the unusual now THE FIRST holiday season post- summer vacations is around the corner when Indians take a break to celebrate Durga Puja and Dussehra.

Mail Today, 14th September, 2008

Sailing the dream

Indians are now exploring the most exotic and untouched cruise destinations.

Financial Chronicle, 5th September, 2008

India Inc's top guns set sail

If you can't see India Inc's promoters, top honchos and their families on land, then they are probably together at sea! Cruise ships are increasingly becoming family reunion haunts.

The Economic Times, 5th September, 2008

Foreign tourist arrivals up; tourism ministry tries to market monsoon tourism news

Traditionally a lean season for the tourism industry in India, the ministry of tourism has been trying to change the perception about the monsoon season as being a season less suited.

Domain B, 30th August, 2008

Young Turks' Mantra For High Growth

The young Turks of corporate India are in a hurry. They want India to move up and fast. They have a ready prescription. Check runaway inflation. Reform the financial sector. Fix.

The Financial Express, India Inc., 14th August, 2008

Simplify tax structures

India as a country holds enormous potential and the people of India have tremendous talent to grow in every field, which has been proven time and again. We experienced a GDP.

The Financial Express, India Inc., 14th August, 2008

WEEKEND RUSH - Indian vacationers opting for cheaper overseas locations

Mahera Sham, 27, a Mumbai homemaker, doesn't like the rains. She loves beaches and would rather holiday in a place where she can explore the outdoors.

The Mint, 13th August, 2008

I-Day weekend relief for travel industry

THE Independence-Day extended weekend has come as a respite for travel agents and airlines, which witnessed a dip in domestic traffic for the first time in the last four years. Most hotels.

The Economic Times, 13th August, 2008

Now, inflation storm hits tourism industry

After the airlines and hotel industry started showing signs of a slowdown on weak external cues and high inflation, the tourism industry of India seems to have followed suit.

The Financial Express, 13th August, 2008

Rising airfares hit weekend tourism

TILL last year, long weekend breaks for Gurgaon-based MNC executive, 35-year old Sanjay Singh, meant packing bags and flying off to his favorite holiday destination- Goa. Not any longer, though.

Mail Today, 11th August, 2008

The road less travelled

Long weekends are ideally meant for getaways. People from Delhi flock to Himachal or Rajasthan; those in Mumbai make a beeline for Panchgani and Mahabaleshwar and the.

The Financial Express, 10th August, 2008

Slower, lower, weaker: Indian travel to Beijing during Olympics

Stringent visa procedures, astronomical hotel rates and a scarcity of event tickets have proved a dampener for Indian visitors to the Beijing Olympics, which began today.

Business Standard, 09th August, 2008

E-passports may help reduce frauds

The much awaited e-passport has finally been launched in India - the first such step taken in a developing nation. The e-passports will initially be issued to diplomats and officials and would.

Expresstravelworld, July, 2008

Get, set and go for long weekend

As local tour operators are offering attractive tour packages, get ready to enjoy a long holiday starting from the Independence Day.

Mid-Day, 09th July, 2008

Exclusive spring-summer packages from Banyan Tree Bintan

31 March, 2008