Destination Updates

TBO Tek Limited, a leading global travel distribution platform, announced robust unaudited financial results for Q2 and H1 FY25. The company achieved a 24% YoY increase in Gross Transaction Value (GTV) to Rs. 7,937 Cr and a 28% YoY rise in revenue to Rs. 451 Cr in Q2. Key initiatives, including the expansion of H-Next, an AI-powered Voice Bot, and the integration of Jumbonline, boosted growth and efficiency. Co-founders Gaurav Bhatnagar and Ankush Nijhawan emphasized TBO's strong international growth and strategic hotel focus, which has strengthened the platform's market share amidst increased outbound travel demand from India.

Ras Al Khaimah is set to host the 14th Exotic Wedding Planning Conference (EWPC) in February 2025, drawing over 500 wedding industry leaders from 80+ countries. Launched in 2016, EWPC has transformed the wedding sector, creating a collaborative global platform that elevates industry standards. This year's conference will highlight Ras Al Khaimah's rising status as a premier wedding and events destination, celebrated for its natural beauty, accessibility, and commitment to sustainability.

Air India Group has completed the merger of Air India and Vistara, creating a unified full-service carrier as part of its Vihaan.AI transformation. This follows the October merger of Air India Express and AIX Connect, consolidating Tata-owned airlines into one group operating full-service and low-cost models. The integration brings over 8,300 weekly flights across 312 routes, with 208 aircraft under the Air India brand. The transition included migrating 6,000 Vistara staff, 4.5 million loyalty accounts, and over 270,000 bookings. Singapore Airlines now holds a 25.1% stake in the expanded Air India Group. The airline aims to become a top global aviation brand, with investments in fleet expansion, IT upgrades, and new facilities.

Grosvenor and EIH London Investments have announced London's Mayfair will soon host the first Oberoi Hotel in the UK. Located at 40-46 Brook Street, the luxury boutique hotel will showcase Oberoi's renowned design and service. Part of Grosvenor's South Molton redevelopment, the project also includes new office spaces, housing, shops, restaurants, and community areas. The development is expected to generate £6.5 million in annual spend and create 1,000 permanent jobs. Work began in November 2023, with completion by 2027. Arjun Oberoi of The Oberoi Group expressed excitement about introducing Oberoi's unique hospitality to London, marking a key milestone in the brand's global expansion.

Singapore's tourism surged by 16.7% year-on-year, with October seeing 1.31 million arrivals, a 3.1% increase from September. China led in visitor numbers, with 234,530 tourists, reflecting a 91% growth, while Indonesia and Malaysia followed with 183,710 and 103,430 visitors, respectively. Despite a 58.4% drop in overnight stays, the average tourist stay was three days. From January to October, Singapore welcomed 13.9 million tourists, reaching 87.6% of pre-pandemic levels, bolstered by a 30-day visa exemption for Chinese visitors.

Washington D.C. is gearing up for a tourism surge as the 2025 inauguration approaches. Known for its all-encompassing appeal—from Norwegian-like landscapes to its famed small mountain town for Christmas—the capital also hosts this monumental event, drawing in thousands. Though no crowd has rivaled Obama's 2009 record of 1.8 million, demand remains high. According to Travel Weekly, Marriott, Hilton, and IHG hotels in the area are already fully booked, with prices in Virginia and Maryland soaring past $650 per night. Destination DC's CEO, Elliot Ferguson, notes that demand began even before the election's conclusion, setting the stage for an extraordinary January.

Air France and KLM are expanding their India-Europe winter routes, now offering up to 50 weekly flights from Bengaluru, Delhi, and Mumbai to Amsterdam and Paris. This boost from 39 summer flights provides travelers more flexibility during peak season. Key updates include a second daily Delhi-Paris flight starting October 30, 2024, and additional Mumbai-Paris flights from December 10, 2024, to February 17, 2025. KLM will also increase Bengaluru-Amsterdam flights to six per week and add a second Delhi-Amsterdam flight from January 14 to March 3, 2025. Air France-KLM Country Manager Claude Sarre emphasized the airline's commitment to India, delivering modern fleet options and more connections for seamless global travel.

In an unprecedented event, Saudi Arabia's Al-Jawf region experienced snowfall for the first time, turning its desert landscape into a winter wonderland. Following a period of heavy rain and hail, residents awoke to snow-blanketed mountains and valleys, with waterfalls flowing through typically dry areas. This transformation has captured the attention of locals and meteorologists alike, who anticipate a vibrant spring with seasonal blooms and aromatic plants enhancing the area's natural beauty. However, the Saudi weather department has issued warnings for continued severe weather in the coming days, including thunderstorms, further heavy rainfall, hail, and strong winds.

Vietnam welcomed 1.42 million international visitors in October, a 27.6% rise year-over-year, totaling 14.1 million foreign tourists for 2024. South Korea leads as the top source with 3.73 million visitors, followed by China (3.01 million), Taiwan (1.06 million), the U.S. (636,000), and Japan (584,908). Australia, India, Malaysia, Cambodia, and Thailand complete the top 10 sources. Vietnam aims to reach 18 million tourists by year-end to match pre-Covid levels, with the peak season from October to April attracting thousands of cruise visitors. In contrast, Thailand has already seen over 29 million tourists, generating around US$40.14 billion in revenue.

Thailand has indefinitely extended its visa-free entry for Indian travelers, originally set to end on November 11, 2024. This policy allows Indians to stay in Thailand visa-free for up to 60 days, with a possible 30-day extension through a local immigration office, easing travel and boosting tourism. Confirmed by the Tourism Authority of Thailand and the Royal Thai Embassy in New Delhi, the extension is expected to drive tourism revenue, increase demand for accommodations, and support local job creation. Thailand offers diverse attractions, from Bangkok's iconic temples like the Grand Palace to Chiang Mai's serene landscapes and trekking routes, making it a perfect destination for Indian tourists.

The Maldives' tourism sector has maintained strong growth in 2024, with over 100,000 arrivals recorded for the tenth consecutive month. From October 1 to 20, 106,318 tourists arrived, marking a 9.5% increase compared to the same period in 2023. China leads as the top source market, contributing 14.7% of total arrivals, with 234,848 tourists as of mid-October. The Maldives is on track to hit its two million visitor target for the year, having already welcomed 1.6 million tourists by October 20. This growth reflects the country's continued appeal as a premier travel destination.

TBO, has won Gold at the Magellan Awards 2024 for its CSR initiative, 'TBO Cares - Eyecare Initiative,' in the 'Travel Services - Overall Giving Back' category. This campaign promotes eye health for travel agents and employees who spend long hours on screens. Through global partnerships with brands like Aster Optical, Al Hossam Opticals, Lenskart, and Ideal Vision, TBO offers eye screenings, exams, and discounts across key regions like the UAE, India, and the Philippines. The initiative has gained global traction through awareness campaigns at major events and social media, expanding into APAC and Europe.

Indians spent over $2 billion on international travel in August, making up 63% of the $3.2 billion in total overseas spending, according to data from the Indian central bank. In the 2023-24 fiscal year, overseas travel spending reached a record $17 billion, 25% higher than the previous year and accounting for 54% of international spending. While initially driven by post-pandemic "revenge travel," this trend highlights Indians' growing willingness to spend on travel, positioning India as a key source market for outbound tourism, as noted in a McKinsey & Company report.

Riyadh Season 2024 kicked off on October 12 with a star-studded opening at Kingdom Arena, featuring performances by Busta Rhymes, Ciara, and Missy Elliott, alongside a high-profile boxing match. Attracting two million visitors already, the season continues to be a major draw locally and globally. Highlights include five distinct zones like Boulevard World, which expanded by 30%, and a new “Saudi Arabia” zone showcasing the nation's heritage through food, fashion, and culture. Boulevard City offers immersive gaming and a dazzling dancing fountain, adding to the excitement. Riyadh Season 2024 is cementing Saudi Arabia's place as a top international entertainment hub.

Noida International Airport is set to begin operations on April 17, 2025, with 30 flights, including 25 domestic, three international (Zurich, Singapore, and Dubai), and two cargo services. Initially planned to open in September 2024, the airport's first phase covers 1,334 hectares and will handle 12 million passengers annually, with capacity for 100,000 flights and 250,000 tonnes of cargo. Airlines like IndiGo and Akasa Air are in talks with the DGCA and IATA for routes. Construction is nearing completion, with bookings expected to open 6-12 weeks before operations begin.

Japan set a new tourism record in September, welcoming 2.87 million visitors. Despite a slight dip from August's 2.93 million, the country has consistently broken monthly records since February, with July marking an all-time high of 3.29 million. Preliminary figures from the Japan National Tourism Organization (JNTO) show that tourists spent 5.86 trillion yen (USD 39.27 billion) in the first nine months, surpassing the total 2023 expenditure of 5.3 trillion yen. With 26.88 million tourists arriving by the end of September, Japan is on track to exceed its 2019 pre-pandemic record of 31.9 million visitors, signaling a strong recovery in international travel.

Cuba has introduced visa-free travel for visitors from 19 countries, including the UAE, Russia, Singapore, and Malaysia, starting in October 2024. This move is designed to boost international tourism and strengthen Cuba's position as a top travel destination. With simplified entry, Cuba invites tourists to explore its rich culture, stunning beaches, and historical landmarks, enhancing cultural exchange and economic growth. In 2023, Cuba welcomed 2.4 million tourists, with Russia being the top source of visitors. Key airports like José Martí International in Havana and Juan Gualberto Gómez in Varadero serve as vital entry points, making travel to Cuba more accessible than ever.

Starting this month, Indian citizens aged 18 to 30 can apply for Australia's new First Work and Holiday visa through a ballot system. The program allows 1,000 young Indians annually to work, study, and explore Australia for up to one year. Registrations are open from October 1 to 31, with random selections running from October 14, 2024, to April 30, 2025. The visa costs $650, with a $25 fee for ballot participation. This initiative, part of the Australia-India Economic Cooperation and Trade Agreement, strengthens cultural and economic ties between the two nations, offering valuable work and study opportunities.

Dharamshala, nestled in the hills of Himachal Pradesh, is witnessing a strong resurgence in international tourism in 2024, nearing pre-pandemic levels. According to District Tourism Officer Vinay Dhiman, the rise in foreign visitors can be attributed to Dharamshala's diverse attractions. The town draws tourists for its spiritual significance, being home to the Dalai Lama and Buddhist teachings, especially in McLeodganj. Adventure seekers are also flocking to the area, with paragliding at Bir Billing and trekking in the Himalayas as major highlights. Dharamshala welcomed 16,222 foreign visitors in 2023, with numbers already surpassing that in 2024. With a 25% growth expected, the region is becoming a global hotspot for adventure, wellness, and spirituality.

Airfares on many domestic routes have dropped by 20-25% this Diwali season, compared to last year, according to ixigo. Factors like increased capacity and a 15% drop in oil prices have contributed to the decline. For example, the Bengaluru-Kolkata fare saw the biggest drop, down 38% to ₹6,319. Other notable reductions include Chennai-Kolkata (36%) and Mumbai-Delhi (34%). However, some routes have experienced price hikes, with fares on the Ahmedabad-Delhi route rising by 34% to ₹8,758. This overall trend offers travelers more affordable options during the festive season.

Rail Europe has expanded its offerings by integrating Deutsche Bahn (DB) connections to Denmark, enabling seamless cross-border travel between Germany and Denmark, and other key European cities. Through RailAPI, RailFlash, and RailPortal, B2B partners can now access routes like Hamburg to Copenhagen, Odense to Amsterdam, and Zürich to Aarhus. This enhances travel possibilities for both business and leisure, with multi-carrier bookings simplifying journeys across Europe. Jürgen Witte, Chief Product and Technology Officer, emphasized the significance of these new routes, which support sustainable travel and broaden Rail Europe's network. The company also plans to introduce domestic Danish routes soon, further improving accessibility.

Qatar is on track to attract 6 million visitors annually by 2030, driven by its commitment to economic diversification and tourism. The Third National Development Strategy (2024-2030) highlights tourism as a key pillar of Qatar's growth, aiming to establish the country as a global destination for leisure, culture, and adventure. With a blend of modern luxury and rich heritage, Qatar offers diverse experiences, from desert safaris to UNESCO sites like Al Zubarah Fort. Family-friendly attractions, seamless transport, and world-class hospitality further enhance its appeal. As part of the Qatar National Vision 2030, the country is investing in tourism infrastructure to solidify its role as a premier destination.

The Philippines welcomed 4.4 million visitors in the first nine months of the year, marking a 9.89% year-on-year increase. Foreign tourists, including overseas Filipinos, made up 91.99% of the total, with South Korea leading at 1.19 million visitors. The U.S., Japan, and China followed, with Japan and China showing significant growth. While some markets like Vietnam and Australia saw declines, overall tourism numbers are rising, with the country targeting 7.7 million visitors by year-end. The tourism sector continues to boost the economy, generating PHP282.17 billion (US$4.83 billion) in revenue during the first half of the year.

Wynn Resorts is building a $3.8 billion mega resort on Al Marjan Island in Ras Al Khaimah, set to open in 2027. The luxury resort, featuring 1,500 rooms, restaurants, a spa, and a casino, aims to attract "ultra high net-worth" tourists and meet untapped gaming demand in the UAE and beyond. It secured the UAE's first commercial gaming licence, issued by the General Commercial Gaming Regulatory Authority, and is expected to create 4,000 jobs. Wynn sees this project as a major economic boost for Ras Al Khaimah's tourism sector, positioning the resort as a key attraction in the region.

India is emerging as a global travel hub, with inbound tourism surging in 2023. Over 9 million foreign tourists visited the country, driven by its cultural heritage, diverse landscapes, and competitive pricing. This tourism boom generated USD 15.3 billion in Foreign Exchange Earnings (FEEs) in the first half of 2024, marking a 17.6% rise from 2023. The U.S., U.K., Germany, and UAE are now top inbound markets, with visitors increasingly exploring lesser-known destinations like Hampi and Leh. The tourism sector is projected to contribute USD 512 billion to India's GDP by 2028, potentially creating 58 million jobs by 2033. Over 52% of international travelers plan to visit India as a standalone destination, underscoring its growing global appeal.

Sonamarg, nestled in Kashmir's Ganderbal district, has seen a dramatic tourism boom, with visitors surging from 58,000 in 2019 to over 661,000 in 2024. This 1800% rise in revenue, reaching ₹30.68 lakh, highlights its growing appeal. The region has enhanced its infrastructure, offering 1,270 rooms and new camping sites to cater to the influx. A state-of-the-art waste management plant, established in 2020, helps preserve Sonamarg's beauty. With 25 new tourism assets and continued development, Sonamarg is cementing its reputation as a top destination for adventure and nature lovers.

Saudi Arabia has seen a remarkable surge in leisure tourism in 2024, with 17.5 million international visitors between January and July, a 10% rise from 2023. Leisure-specific tourism saw a 656% increase, driven by the Kingdom's Vision 2030 agenda. This initiative aims to transform Saudi Arabia into a global tourism hub through significant investments in entertainment, cultural experiences, and infrastructure. With major events and attractions drawing global attention, the Kingdom is rapidly becoming a key destination. The hospitality and travel industries are adapting to this boom, positioning Saudi Arabia as a central player in global tourism.

His Highness Sheikh Mohammed bin Rashid Al Maktoum has approved a AED10 billion (US $2.7bn) expansion of the Dubai Exhibition Centre at Expo City Dubai. Part of the Dubai 2040 Urban Master Plan, the expansion will make DEC the largest indoor events venue in the region. Phase 1, set for completion by 2026, will increase exhibition space to 140,000 square meters. By 2031, the centre will span 180,000 square meters with 26 halls, retail outlets, offices, and a hotel. This expansion aligns with Dubai's goal of boosting its MICE sector's economic contribution to AED54 billion annually by 2033.

Noida International Airport will commence commercial operations on April 17, 2025, serving both domestic and international routes. Originally set to open in September 2024, the launch has been postponed to ensure all necessary clearances are secured. The airport aims to handle up to 65 flights daily, including 62 domestic and 2 international flights. NIAL CEO Arun Vir Singh indicated that plans are in place to finalize flight schedules, while flight testing will begin on November 30. Additionally, the Namo Bharat Metro line, linking Ghaziabad to the airport, is under construction and expected to be completed by 2031, enhancing connectivity in the Delhi-NCR region.

The U.S. Mission to India has opened 250,000 additional visa appointments for Indian travelers, including tourists, skilled workers, and students. This expansion aims to streamline the visa process, supporting the crucial people-to-people ties between the U.S. and India. The Mission has surpassed one million nonimmigrant visa applications for the second consecutive year, processing a record number of student visas this summer. In 2024, over 1.2 million Indians have traveled to the U.S., a 35% increase from 2023. U.S. Ambassador Eric Garcetti highlighted the commitment of Prime Minister Modi and President Biden to enhance the visa process, with consular teams working diligently to meet the rising demand.

The 2024 TBO Travel Business Show delivered an unforgettable experience, bringing together global travel industry giants like Visit Qatar, Spain, Germany, and Hilton. With months of planning, the event featured enhanced networking opportunities, exclusive insights, and expanded exposure to diverse destinations. A standout addition this year was the TBO Travel Business Show Awards, celebrating top Middle East producers, further elevating the event's prestige. Attendees praised the valuable connections and engaging sessions, with exciting giveaways like iPhones and hotel stays adding to the excitement. One partner remarked, “This event exceeded all expectations, delivering immense value to the travel industry.” Dubai once again proved itself as the premier hub for world-class travel events.

As of September 21, 2024, the Middle East has experienced a 26% surge in international tourist arrivals in the first seven months of the year compared to 2019, making it the world's fastest-growing tourism market. Countries like Saudi Arabia, the UAE, Qatar, and Bahrain are driving this growth through strategic investments, cultural tourism, and major events. Saudi Arabia's Vision 2030 and Qatar's post-World Cup efforts have played key roles, while Oman focuses on eco-tourism, and Kuwait enhances its cultural offerings. Supported by increased air connectivity and infrastructure, the region's robust recovery highlights its rising prominence in global tourism.

India's corporate travel sector, valued at over US$10.6 billion, is set to double to US$20.8 billion by FY2030, growing at a 10.1% CAGR, according to Deloitte. Post-pandemic, hybrid work models and tech innovations are reshaping the landscape, with Travel Management Companies (TMCs) driving cost-efficient, sustainable travel solutions. AI-driven chatbots and real-time data are enhancing personalized travel experiences. SMEs now represent 30% of the market, while the demand for auxiliary services, like taxis and visa assistance, is rising. With in-person meetings still crucial, the MICE sector and sustainability are expected to further fuel growth, while B-leisure trips are becoming more popular.

Taiwan Tourism Administration plans to expand its global presence by opening 18 representative offices and seven Taiwan Tourism Information Centers by 2025. This year, offices have already opened in Jakarta, Mumbai, and Paris, with more planned for Vancouver and Manila. In 2024, offices will launch in Amsterdam, Dubai, and Sydney. Taiwan aims to attract over 10 million international visitors through branding initiatives, despite setbacks like natural disasters and regional tensions. The agency is also offering travel incentives, collaborating with airlines in Southeast Asia, and appointing tourism spokespeople in Japan, South Korea, and Malaysia to promote travel to Taiwan.

IndiGo will launch direct flights from Bengaluru to Mauritius starting November 19, 2024, with four weekly flights. This route, the first of its kind, marks Mauritius as IndiGo's 35th international destination and 123rd overall. Connecting Bengaluru, India's Silicon Valley, with Mauritius, a gateway to East Africa, the new route will boost tourism, trade, and business ties. Vinay Malhotra, IndiGo's Head of Global Sales, highlighted the convenience for both leisure and business travelers, with visa-on-arrival for Indian citizens and a focus on on-time performance and affordability. The service strengthens connections between India and East Africa, fostering investment opportunities across key sectors.

Goa is set to enhance its cruise tourism with the development of a new terminal at Mormugao Port. Driven by a 40% rise in cruise passengers and a 15% increase in vessel calls during the 2024 fiscal year, the international and domestic terminals are expected to be operational by March next year. The international terminal will feature duty-free shops, 24 immigration counters, 10 check-in counters, and a waiting lounge, while the domestic section will have 12 check-in counters and lounges. Ryan Prazeres, co-founder of Goa-based OneBoard App, believes this project will elevate Goa's global profile. However, he also highlighted some challenges Goa faces in maximizing the potential of its cruise tourism industry.

Centara Hotels and Resorts is set to open Centara Mirage Lagoon Maldives on November 1, 2024. This underwater-themed resort marks Centara's third property in the Maldives and the fourth under the family-focused Mirage brand. Located in The Atollia, the resort features a water complex, kids' club, Candy Spa, and signature Spa Cenvaree. As part of Centara's 'Future Growth' strategy, the resort offers exclusive deals, including complimentary stays and meals for up to two children, free speedboat transfers, and discounts for CentaraThe1 members. Guests staying by December 20, 2024, will receive a voucher for a return stay between May and September 2025.

Japan Airlines launched a game-changing promotion on September 10, 2024, offering free domestic flights within Japan to passengers who book international flights with the airline. Designed to enhance the travel experience, this initiative encourages visitors to explore more of Japan's diverse destinations. To qualify, customers must book both international and domestic flights within the same reservation. The promotion aims to boost accessibility, allowing travelers to experience Japan's rich cultural and geographical diversity with ease.

Indonesia's Ministry of Tourism and Creative Economy (MoTCE), in collaboration with Bali's Badung Regency Government, is conducting a Tourism Sales Mission across South Asia from September 9-18, 2024. Covering Bangalore, Chennai, New Delhi, Jaipur, and Kathmandu, the mission promotes Bali and other destinations, highlighting luxury tourism, weddings, honeymoons, and MICE events. Wellness tourism is also a focus, bolstered by Indian spiritual leader Sadhguru's recent Bali retreat. With direct flights from New Delhi and Bangalore to Bali, Indonesia is targeting these cities as key markets. As of July 2024, India ranked fifth in international tourist arrivals to Indonesia, with 417,703 visitors. Nepal also saw a 65.5% increase in tourists visiting Indonesia as of June 2024.

Bhutan has confirmed there is no cap on the number of visitors, dispelling earlier concerns. Carissa Nimah, Chief Marketing Officer of Bhutan Tourism, emphasized, "There is no capping on tourists," despite the introduction of a Sustainable Development Fee (SDF) of USD 100 per night for foreign visitors and Rs 1,200 for Indians. Bhutan's 'High Value, Low Volume' strategy focuses on sustainability, prioritizing environmental conservation. Revenue from the SDF funds initiatives like free healthcare, education, and infrastructure improvements. Bhutan welcomed 3.5 lakh tourists in 2019 without imposing limits. Celebrating 50 years of tourism, Bhutan offers diverse experiences, from cultural to adventure tourism, with countless trekking routes and lesser-known destinations to explore.

Shanghai's new L+SNOW Indoor Skiing Theme Resort offers an alpine escape amid the city's hottest August in 60 years. Spanning 90,000 square meters, it features a ski area, accommodations, and shops, with a water park under development. Named the world's largest indoor ski resort by Guinness World Records, it aligns with China's push to promote winter sports post-2022 Winter Olympics. The resort uses 72 cooling and 33 snow-making machines, with three-quarters of the roof covered in solar panels to reduce its environmental impact. Despite high energy demands, innovative systems like ice storage and heat recovery aim to boost efficiency, offering a sustainable, year-round skiing experience.

Sri Lanka has generated over 2.17 billion USD from tourism in the first eight months of 2024, a 66.1% increase compared to the same period in 2023, according to data from the Central Bank. The country saw a significant rise in tourist arrivals, with 1.36 million visitors during this period, reflecting a 50.7% growth. In August 2024 alone, 164,609 tourists arrived, a 20% increase from August 2023. Tourism remains a vital contributor to Sri Lanka's foreign revenue. Sri Lankan authorities, optimistic about the industry's recovery, are expecting to attract three million foreign tourists by 2025, according to Nalin Perera, Managing Director of the Sri Lanka Tourism Promotion Bureau. These positive trends showcase the country's tourism revival.

The UAE's tourism industry is set to reach Dh236 billion in 2024, with the sector contributing 12% to the country's GDP, as outlined in the UAE Tourism Strategy 2031. In 2023, tourism accounted for 11.7% of GDP, generating Dh220 billion. Dubai saw 10.62 million visitors in the first seven months of 2024, while Abu Dhabi's hotel sector hosted 2.87 million guests, a 19.5% increase year-on-year. The UAE aims to attract Dh100 billion in tourism investments by 2031, further enhancing infrastructure and diversifying offerings. With sustainable tourism policies and iconic attractions like the Burj Khalifa, the UAE is well-positioned to remain a global tourism leader.

Air France is set to launch a new Paris-Manila route on December 7, 2024, offering three weekly flights on Mondays, Wednesdays, and Saturdays. The route, served by the Airbus A350-900, features 266 Economy, 24 Premium Economy, and 34 Business Class seats, enhancing travel between Europe and Southeast Asia. This new service complements KLM's Amsterdam-Manila flights, providing daily connectivity to the Philippines. Manila is the latest addition to Air France's winter 2024-25 schedule, joining destinations like Salvador, Kilimanjaro, Malé, and Kiruna. The new route reflects Air France's commitment to meeting rising demand in Southeast Asia, catering to both business and leisure travelers.

The IMF's 2024 Article IV Consultation report highlights Saudi Arabia's tourism sector as a key driver of economic diversification. In 2023, the Kingdom surpassed its Vision 2030 target of 100 million visitors, seven years ahead of schedule, generating $36 billion in tourism revenue. The sector's contribution to GDP rose to 11.5%, with projections to reach 16% by 2034. Increased international arrivals, major events like Formula One, and projects such as Red Sea Global have boosted non-religious tourism. The report underscores tourism's role in shifting Saudi Arabia's service balance to a surplus, reducing reliance on oil and fostering sustainable economic growth.

Thailand's tourism sector is making a strong comeback, nearing the record-breaking levels of 2019. Once one of the world's top travel destinations, the country saw nearly 40 million international visitors in 2019, making tourism a key pillar of its economy. The pandemic hit hard, but Thailand's strategic measures, including promoting domestic tourism and reopening to international visitors, have fueled a steady recovery. The return of Chinese tourists, along with growing numbers from Europe and the U.S., is driving this resurgence. With a focus on sustainable tourism and new experiences, Thailand is poised to not only reach but potentially surpass its pre-pandemic tourism heights.

The Indian Hotels Company (IHCL) is expanding its presence in Haryana by signing a new Taj-branded hotel in Gurugram. This 225-room property will feature a range of amenities, including dining options, a bar, a spa, a gym, a swimming pool, and banqueting spaces. Armaan Gupta of Tivoli Group, the hotel's owner, has collaborated with international architects to create a design that complements the area. With this addition, IHCL will have six hotels in Haryana, with two still under development. The company, which operates 340 hotels globally, recently introduced its upscale Gateway brand in Kerala and launched the Ginger Coimbatore Airport hotel in Tamil Nadu.

The global vacation rental market is set to surge, with projections estimating it will reach $279.5 billion by 2033, growing at a CAGR of 11.2% from its 2023 valuation of $97.8 billion, according to Allied Market Research. This growth is driven by rising demand for private accommodations, the popularity of online booking platforms, and shifting consumer preferences towards experiential travel. Emerging markets in Latin America, Asia-Pacific, and Eastern Europe are particularly strong. The report also highlights trends like the rise of digital nomadism and portable vacation homes, offering insights into the dynamic competitive landscape and strategic opportunities for industry stakeholders.

New Zealand announced an increase in tourism fees to fund conservation and enhance visitor experiences. The $35 fee, introduced in 2019, has proven insufficient to cover the environmental impact of tourism. Hospitality and Tourism Minister Matt Doocey highlighted the strain on local infrastructure and the need for higher upkeep costs. While the Tourism Industry Association fears the fee hike could deter visitors as the sector recovers from COVID-19, the government remains confident in New Zealand's appeal. Recent data shows travel export receipts at NZ$14.96 billion, a 5% drop from pre-pandemic levels, with visitor numbers at 80% of pre-closure figures.

In 2024, travel will account for a record $1 out of every $10 spent globally, with the industry's contribution to global GDP expected to rise 12.1% year-over-year to $11.1 trillion, according to the World Travel and Tourism Council (WTTC). This marks a 7.5% increase from 2019's pre-pandemic record. Despite concerns about inflation and a potential recession, travel and tourism are poised to become major economic drivers, supporting nearly 348 million jobs. The U.S., China, and Germany are expected to lead in travel spending, solidifying the sector's global economic impact.

Visa applications in India for the first half of 2024 have surpassed pre-pandemic levels, reflecting a significant rebound in outbound travel. VFS Global, which handles visa services for 51 countries, reported a 2% increase in applications compared to H1 2019, and an 11% year-on-year rise from H1 2023. Yummi Talwar, COO (South Asia) of VFS Global, attributed this growth to sustained travel demand and an extended travel season in India. Talwar also warned applicants to be cautious of fraudulent websites and emphasized that appointments are free and available only through the official VFS Global site. Personalized services like Visa At Your Doorstep (VAYD) have seen a five-fold increase in bookings since 2019, driven by the need for convenience and health safety.

Starting October 1, Sri Lanka will launch a six-month pilot program offering free 30-day tourist visas on arrival for citizens from 35 countries, including the U.S., UK, Russia, India, and China. The initiative, aligning with Sri Lanka's peak travel season, aims to boost tourism and help the country reach its target of 2.5 million tourists and $4 billion in revenue by year-end. This move follows the recent controversy over a visa scam involving the replacement of the Electronic Travel Authorization (ETA) system's provider, which led to legal challenges and a court-mandated return to the previous local provider.

The global vacation rental market is set to surge, with projections estimating it will reach $279.5 billion by 2033, growing at a CAGR of 11.2% from its 2023 valuation of $97.8 billion, according to Allied Market Research. This growth is driven by rising demand for private accommodations, the popularity of online booking platforms, and shifting consumer preferences towards experiential travel. Emerging markets in Latin America, Asia-Pacific, and Eastern Europe are particularly strong. The report also highlights trends like the rise of digital nomadism and portable vacation homes, offering insights into the dynamic competitive landscape and strategic opportunities for industry stakeholders.

Dubai saw a 9% rise in international overnight visitors in the first half of 2024, welcoming 9.31 million tourists compared to 8.55 million in the same period in 2023. This growth follows a record-breaking 2023, with 17.15 million visitors, and reflects Dubai's ongoing efforts to become the top global destination. The increase is attributed to strategic citywide initiatives and partnerships across key tourism pillars. Dubai also earned the No.1 spot in the Tripadvisor Traveller's Choice Awards for the third consecutive year in January 2024. South Asia remained a key market with 1.62 million visitors, while North-East and South-East Asia grew to a 10% share of total visitors by mid-2024.

The Indo-US Tourism & Hospitality Summit, hosted by the Indo-American Chamber of Commerce (IACC), highlighted the vast potential for growth in tourism and hospitality between India and the United States. Industry experts called for increased direct flights and a more efficient visa process to enhance travel between the two countries. Despite strong bilateral ties, there is room to improve the aviation experience and boost tourism exchange. India's Attorney General, R Venkataramani, stressed the importance of responsible tourism and India's dedication to promoting global unity through enhanced tourism efforts.

Hamad International Airport (DOH) celebrated its busiest month ever in July 2024, with 4.73 million passengers, a 10.2% increase from last year. This surge was driven by expanded flight frequencies and new routes from Qatar Airways, leading to a 3.9% rise in aircraft movements and an 82.8% load factor. The airport's success is a result of strategic investments in infrastructure, such as new lounges and biometric check-in systems, alongside sustainability initiatives like energy-efficient lighting and AI-driven operations. These efforts have solidified DOH's position as a leading global aviation hub, committed to a sustainable and advanced future in travel.

Mexico, a captivating blend of vibrant culture and rich history, has become even more accessible as of August 2024, with visa-free entry for travelers from 67 countries. Offering everything from the pristine beaches of Cancún to the ancient ruins of Chichén Itzá, Mexico's diverse attractions cater to every traveler. In 2022, international tourist arrivals soared by 20.9%, with Cancun, Mexico City, and Los Cabos being the busiest airports. With a well-developed tourism infrastructure and a projected GDP of $1,843 billion by the end of 2024, Mexico stands as a top destination for adventure seekers and culture enthusiasts alike.

Digital vouchers are set to revolutionize Japan's tourism industry by offering a seamless, efficient way for tourists to explore the country. Accessible via smartphones, these vouchers eliminate the need for physical coupons, enhancing convenience and encouraging higher spending. Personalized offers based on tourist preferences, such as discounts on cultural experiences or outdoor activities, create more engaging travel experiences and promote repeat visits. Additionally, digital vouchers support sustainable tourism by reducing paper use and help distribute tourist traffic to lesser-known destinations. Integrated with Japan's digital infrastructure, these vouchers also boost local economies by directing more customers to small businesses, playing a crucial role in revitalizing Japan's tourism sector post-pandemic.

The Moroccan National Tourism Office (MNTO) reported a 41% year-on-year growth in the Indian market as of June 2024, marking a strong debut in its first year of operations in India. With a target of 45% growth by year-end, MNTO aims to attract 100,000 Indian visitors by 2026. Key initiatives, including roadshows in Delhi and Mumbai, participation in OTM 2024, and a successful trade FAM trip, have significantly raised awareness of Morocco as a top travel destination. MNTO is also focusing on promoting Morocco's MICE capabilities, positioning the country as a premier destination for international business events.

Kerala-based Alhind Group, a major player in the travel industry with a strong UAE presence, is set to launch its airline, Alhind Air, aiming to offer affordable air travel for residents. Having received initial approval from the Civil Aviation Ministry and a no objection certificate, the airline plans to begin operations by January 2025 with three ATR-72 turboprop aircraft, focusing on regional routes in southern India. The airline's launch, backed by an investment of ₹200-500 crores, is expected to enhance competition, potentially lowering airfares. Alhind Group, with a turnover of ₹20,000 crore, sees this move as a strategic expansion to capitalize on the growing air traffic between India and the Gulf.

India's religious tourism is set to reach new depths with Gujarat's groundbreaking submarine tourism project in Dwarka. Partnering with Mazagon Dock Shipbuilders, the state will introduce the country's first underwater tourism experience, allowing visitors to explore the submerged city of Dwarka. Slated to launch by Diwali 2024, this initiative highlights India's innovative approach to spiritual tourism. With a significant rise in both domestic and international tourists, religious sites like Varanasi, Ayodhya, and Prayagraj have seen unprecedented footfall, driving India's tourism revenue to new heights. In 2022 alone, religious tourism attracted 1,439 million visitors, doubling the numbers from 2021.

Aotearoa New Zealand is renowned for its stunning landscapes and vibrant food culture, drawing international visitors eager to sample its culinary delights. Over 85% of potential tourists are attracted to local food experiences, with high interest from the USA (83%), UK (89%), and Germany (87%). According to Tourism New Zealand Chief Executive René de Monchy, the country's seafood, wine, craft beer, and produce are exceptional, offering a year-round feast for foodies. With international tourism expected to grow from $8.2 billion in 2023 to $13.2 billion by 2028, Tourism New Zealand is focusing on boosting off-peak travel and showcasing its world-class food and beverages.

Phuket is experiencing a tourism boom this August, with daily flight arrivals reaching 20-30, a significant increase from last year. Prime Minister Srettha Thavisin recently led a strategic meeting with top tourism and security officials to prepare for the peak season. Airports of Thailand (AOT) forecasts up to 15,000 daily visitors, doubling last year's numbers. To ensure safety and smooth travel, Region 8 Police are introducing new measures and collaborating with consulates from major tourist nations. Volunteer recruitment is also underway to assist with language barriers and enhance the visitor experience. Phuket's tourism leaders are confident in managing the surge and delivering a memorable season.

Starting September 1, visitors to Zanzibar will be required to pay a $44 insurance fee, covering them for up to 92 days. This fee, introduced by Finance Minister Dr. Saada Mkuya Salum, aims to enhance visitor services by covering health issues, lost baggage, accidents, emergency evacuation, passport loss, and repatriation. The Zanzibar Insurance Corporation will provide the coverage, independent of existing travel policies. While this practice is common globally, it has raised concerns among tour operators about increasing costs for visitors, potentially affecting Zanzibar's tourism industry.

TBO Tek Limited reported strong Q1 FY2025 results, with Gross Transaction Value (GTV) up 14% YoY to INR 7,940 crore and revenue rising 21% YoY to INR 418 crore. Adjusted EBITDA grew by 23% YoY to INR 85 crore, and profit after tax (PAT) increased 29% YoY to INR 61 crore. Notably, the share of higher-margin non-air business surged to 57%. Co-Founder Ankush Nijhawan highlighted the growth in India's outbound travel market, while Co-Founder Gaurav Bhatnagar noted a 24% rise in active agents and significant gains from the Jumboline acquisition and platform innovations.