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Sairaj Iyer Travel & Tourism has without any doubt become an integral part of daily life and therefore it is intertwined with trade and economy. Surprisingly, consumption trends in MICE (meetings, incentives, conferences and exhibitions), particularly in a digitised & demonetised India have been nothing like its old past. Senior industry leaders at a panel discussion moderated by Sheldon Santwan, COO at Saffron Synergies, found that their issues were actually not limited to demonetisation or GST, but in fact a new trend in customer behaviour. A year of Surprises? Sachin Nene, Regional General Manager - India, Air Arabia averred that there were challenges on the international front owing to demonetisation, but airlines could still make profits. “The October-December quarter was challenging, because of ...

The Dollar Business Bureau India recorded a 13% increase in Foreign Tourist Arrivals (FTAs) last month as against the corresponding month of last year, data released by the Ministry of Tourism said on Thursday.  Last month, 6.15 lakh tourists arrived in India, compared to 5.42 lakh in September 2014 and 5.09 lakh in September 2014.  Bangladesh accounted for the maximum share of tourist arrivals into India at 20.58%, followed by USA (10.96%), UK (7.97%) and Malaysia (4.98%).  During January- September 2016, FTAs in India stood at 62.07 lakh, registering a growth of 10.5% over that of 56.15 lakh during the same period last year. Foreign Exchange Earnings (FEEs) in rupee terms were Rs.11,781 crore in September 2016 as compared to Rs.10,415 crore in September 2015 ...