Alshaali evinced keen interest to invest in the tourism sector, particularly adventure sports and skiing. He said that UAE has already identified potential locations for investment in the State and welcomed suggestions from the State Government for additional sites.
India's tourism sector, which shattered records in 2023-24, is demonstrating further growth in the current financial year, the hospitality consulting firm Hotelivate said in a report.
The expansion of MUDRA loans for homestays has opened a significant opportunity for small businesses in the tourism sector, with potential loans amounting to Rs 1,500 crore under the Shishu category, according to a recent report by the State Bank of India (SBI).
Odisha Deputy CM, Pravati Parida told ANI that MoUs worth Rs 8,153 crore regarding the tourism sector were signed on the second day of the conclave. A total of 121 projects have been discussed to develop all sectors of tourism, modifying various subsidies given for the sector and also lookin
Rising royalty and mountaineering fees in Pakistan-occupied Gilgit-Baltistan (PoGB) have alarmed tour operators, with many fearing the collapse of the region's adventure tourism sector.
Himachal Chief Minister Thakur Sukhvinder Singh Sukhu stressed the significance of the tourism sector as the state's economic backbone while reviewing Tourism Department projects, emphasizing the government's priority on completing ongoing initiatives to enhance visitor experiences.
Branded hotels in India are likely to see double-digit revenue growth this financial year and the next, fuelled by demand outpacing supply, asserted Crisil Ratings.
Suman Billa, Additional Secretary, Ministry of Tourism on Wednesday underscored the importance of addressing supply shortages to meet growing demand in tourism sector.
Sri Lanka's Minister of Foreign Affairs, Vijitha Herath, provided an update on the country's strategic efforts to revitalize its tourism sector, which has faced unprecedented challenges in recent years due to the Easter Sunday attacks, the COVID-19 pandemic, and the economic crisis.
Tripura's natural beauty and cultural diversity hold immense potential for the growth of the state's tourism sector, said Tourism Minister Sushanta Chowdhury during the inauguration of the third event of the Tripura Tourism Promo Fest-2024 at Vanghmun in Jampui Hills, North Tripura on Wednes
Prominent industrialists such as Mukesh Ambani, Chairman of Reliance Industries; Anil Agarwal, Chairman of Vedanta Group; Anand Mahindra, Chairman of Mahindra Group; Kumar Mangalam, Chairman of Aditya Birla Group; and Karan Adani, MD of Adani Ports and SEZ Ltd., attended the three-day summit