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Tourism & Leisure Sector Review Archive
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TOURISM: Kuoni develops wanderlust for India - January 2005
When Kuoni set up shop in India in, 1997, it had few takers. Today, it is Asia’s largest travel company and its long-term vision holds important lessons for others seeking an entry into India’s booming tourism industry. Kuoni Travel Holding of Switzerland opened its India chapter less than nine years ago. In the space of this period, it has scripted a bestseller. The company has notched a turnover of close to US $ 85 million—three times more than that of Thomas Cook, which has been in India since 1981.
Source: India Brand Equity Foundation (IBEF)
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TOURISM, Pondicherry : Tiny Tot Shows India the Way - August 2004
The tiny state (known as a Union Territory in India) of Pondicherry near Tamil Nadu has three distinctions.
First, it tops the list of states in India in terms of compounded annual growth rates of states' GDP between 1994 and 2003. In fact, it is the only state in India with a CAGR in double digits. A network of all weather metalled roads connecting every village exists in the territory, and Pondicherry has 64 lines per 1000 persons which is highest tele density in the county.
Source: India Brand Equity Foundation (IBEF)
FOR THE FULL REPORT PLEASE CLICK HERE
Indians Keep The Faith: Religious Tourism Booms in India - May 2004
India’s new tourism minister, Renuka Chowdhury was typically full of beans in her first day in office on May 25. Less than three hours after she took charge of her new assignment as Minister of Tourism, she called in a group of reporters and announced with a flourish: “ I want to open up unconventional avenues, like religious tourism, not in one part of India, but all over the country.’’
Source: India Brand Equity Foundation (IBEF)
FOR THE FULL REPORT PLEASE CLICK HERE
Leisure & Tourism Market in India - May 2004
Leisure is currently one of the most exciting sectors in India. Though developing fast, the industry is still at an early stage of development. But with the increasing entry of some of the more established Indian entrepreneurs and corporate houses, the industry could be worth Rs 50,000 million (£735 million) per annum within the next 2 - 3 years. The sector is already worth Rs 10,000 million (£147 million) per annum.
Source: UK Trade Investment (UKTI)
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TOURISM: India Moves Up the Value Curve - March 2004
In 2003, the Indian rupee appreciated 15 per cent against the dollar. Considering that the dollar is the currency that is used by most international travellers when they book seats and hotel rooms in India, travelling to this country actually became more expensive during the year. Yet in dollar terms, there was a 23 per cent increase in international travel related foreign exchange earnings during 2003.
Source: India Brand Equity Foundation (IBEF)
FOR THE FULL REPORT PLEASE CLICK HERE
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