Türkiye marks 34% surge in Indian visitors from Jan – May 2024
Türkiye continues to see a remarkable surge in tourism from India. In the first 5 months of 2024, the number of Indian visitors reached an impressive 1,26,000, representing a 34% increase compared to the same period in 2023. This surge is notable against the backdrop of 2023, wherein Türkiye welcomed a total of 2,74,000 Indian tourists for the entire year.
Sri Lanka Tourism boosts Indian engagement with networking events
Sri Lanka Tourism is hosting a networking evening in Kolkata on a Cruise over the Ganges on July 10, 2024, where a strong delegation led by Sri Lanka Convention Bureau, Sri Lanka Tourism Promotion Bureau and 30 DMCs, leading hotels & resorts & tour operators will meet Kolkata’s travel agents, key figures in the industry and media.
Fortune inks operating agreement for Fortune Select hotel, Ayodhya
Fortune Hotels has signed of Fortune Select Airport Road, Ayodhya, UP. Pegged to open in FY 27-28, Fortune Select Airport Road, Ayodhya is located within comfortable driving distance from the upcoming Ayodhya International Airport and the temple. The hotel will be home to 123 well-appointed rooms, an all-day dining restaurant, a banquet hall, and other facilities.
AirAsia brings “cinematic in-flight” experience to cinema-goers
AirAsia invites travellers from India to discover the hidden gems of Asia and Australia and beyond through its robust network. In line with its expansion, AirAsia will bring an innovative “cinematic in-flight” experience for movie-goers to selected cinemas across the country to showcase its diverse and unique destinations as part of the movie-goers experience.
#First Opinion
“Tata Asset Management Company has launched India’s first tourism index fund, comprising a collection of companies forming part of Nifty 500. High disposable income, infrastructure developments like better highway connectivity, improved railway comfort & speed and so many new airports have made travel easy, swift and safe. We are witnessing exponential growth in domestic aviation, hotels, restaurants and travel which augurs very well for the tourism segment. All types of travel, be it pilgrimage, business, medical or leisure are registering a surge. This makes a compelling case for looking at tourism as a segment and how one could invest and aim to benefit from the growth of this sector.”
Anand Vardarajan,
Chief Business Officer, Tata Asset Management
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