While Union Budget 2020-21 has made some in the travel trade happy, others claim that their demands have not been met and that despite allocating ₹2,500 crore to tourism, the government hasn’t done much for the sector at large. Some pain points this year have been absence of further reduction …
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Tourist facilities need a push
As the Budget draws closer, spokespersons of the tourism and hospitality industries talk about their expectations, some of which include, further reduction in GST and improvement of tourist facilities. Subhash Goyal, Secretary General, FAITH The tourism industry should be treated on a par with the export industry, particularly export of …
Read More »New members & chapters
Last year, trade associations took up a number of initiatives, including educating members on trends & technology and organising conventions for knowledge sharing. They now look forward to a more progressive 2020 with new members and chapters they’ve added. Subhash Goyal, Secretary General, FAITH For FAITH, 2019 has been a …
Read More »Industry unites against FSAs
Multiple hotels and F&B associations, including FHRAI and NRAI, have joined forces to participate in the #Logout movement to protest against deep discounting and other predatory policies employed by Food Service Aggregators (FSAs) in the country. Hazel Jain Industry associations around the country have come together to protest against unfair …
Read More »Is joint bank guarantee viable?
Travel agents have floated the idea of a joint bank guarantee, taken by travel associations, for an extended credit line in the hospitality sector. Is the proposition a win-win for agents and hoteliers alike? Pradip Lulla, Acting President and Vice President, TAFI All travel agents don’t have volumes in the …
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