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  01 MAIN
   
   
  02 NEWSMAKER
   
   
  03 INVESTMENT UPDATE
   
   
  04 TRADE & ECONOMY
   
   
  05 INFOTECH
   
   
  06 FEATURE
   
   
  07 TRAVEL
   
   
  08 CALENDAR
   

   
  HIGHLIGHTS
   
 

PM panel pegs growth at over 8% in 2010-11
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Railway Budget 2010-11 hailed as peoples’ budget
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  Cochin to become Hub for cruise tourism
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Kerala, the “God’s Own country,” is all set to make its mark in world Cruise map as Louis Cruises Ship MV Aquamarine began its maiden voyage from homeport in India, Cochin on December 2, 2009 to Maldives. It is the first cruise liner to call international ports from India. Now onwards Indian travellers will get to enjoy the luxuries of world class cruising on the Indian Ocean. Cochin had been hosting a growing number of cruise ships in the past years and last year’s Volvo Ocean Race stop -over had made its entry on the global yachting map.

Inaugurating the launch on December 1, 2009 at Cochin, Union Minister for Tourism, Housing and Urban Poverty Alleviation Kumari Selja said this will pave way to a new era of cruise tourism in the country offering excellent Indo-European hospitality to Indian and International tourists. Cruise tourism, which has tremendous growth potential, was one area in which the country was lagging behind, she said. In order to make Cochin port a major port for cruise tourism the Tourism Ministry will extend the support as it had done to improve tourism infrastructure especially during the conduct of the recent Volvo Ocean race.

MV Aquamarine is owned by Louis Cruises India, a subsidiary of Louis Cruises-5th largest cruise operators in the world. The Liner will homeport in Kochi from December 2009 to April 2010 and will operate cruise itineraries thrice a week from Cochin in the India-Maldives-Colombo triangle. Kerala Tourism has tied up with the company to market and promote cruise tourism from Kochi. Around 60,000 Indian tourists are expected to cruise in the liner this season. The liner has a capacity to carry 1,200 passengers offering Kochi-Maldives-Kochi and Kochi-Colombo-Kochi routes in addition to a one night high sea-sailing itinerary. Package starts from Rs.5000 per person per day for a three –night tour package. Besides 525 spacious state rooms and suites, all above sea level, several restaurants, a swimming pool, fitness centre, massage/sauna facilities, casino and duty free shopping are all available onboard. The vessel has also been modified to include a cricket pitch-giving Indian travelers a new experience of playing cricket on the high sea. Food and entertainment on board also include Indian taste. The seven deck ship spans 531 ft in length,83 ft in breadth and has 4 elevators. With a gross tonnage of 25,611 it will cruise the Indian Ocean at 17 knots.

According to the Executive Director, Louis Group, the company’s decision to expand its operations in India was to take advantage of the rising Indian tourism market. Aim at reaching out to a broad target segment in India including families, honeymooners, and the corporate sector.

As per the UN World Tourism Organisation Report on world wide ‘cruise shipping activities’, in the year 2000 cruise demand reached almost 10 million trips with North America accounting for almost two-third of world’s demand. This gives an indication of the enormous potential for growth and expansion ensuring promising future for cruise. In order to get an overview of Cruise Tourism, the Ministry of Tourism commissioned Crisil Infrastructure Advisory to do a study on ‘Cruise Tourism Potential and Strategy’ According to the report published in December 2005 Cruise Tourism Potential in India revolves around the basic fact that it is an enchanting, exotic, historic and beautiful destinations.

No wonder Cochin Port, an all weather Port, strategically located on the East-West trade route, only 10 nautical miles away from direct sea route to Australia and Far East and Europe with number of cruise vessels calling and post Volvo Race was considered as ideal home port for MV Aquamarine. According to Chairman, Cochin Port Trust, Cochin Port endeavored to become the first Indian Port geared up to the comprehensive requirements of the cruise vessels and travelers. The Port offered host of amenities to cater to cruise vessels like “walk in” berthing, sufficient draft, bunkering services, concessional tariff, a “single window service” for Customs, Immigration and Port Health clearance.

The aim is to become major cruise destination on the East-West Sea Trade Route from Europe to Australia offering services of comparable international standards.

If domestic tourists and the visitors get the feel of cruise shipping, days are not far when many more Indian ports like Tuticorin, Goa and Mumbai would become the homeports. But that would come later, as of now, Cochin basks in the glory of the first non-European base for Louis’s twelve-strong fleet. With the tourist season picking up, the expectation is running high that more tourists would test the waters for world class cruise experience.

 

Foreign tourist arrivals to rise 25%

Foreign tourist arrivals in India in the peak tourism season of 2009-10 is set to witness a growth of 25 per cent over the same period of 2008-09.

After battling a phase of slowdown which began from the second half of 2008-09, the economy is on the recovery track, bringing cheer to the travel and tourism industry in the country.

The peak tourism season in the country begins from November and continues up to February. The tour operators have witnessed a 20 per cent jump in bookings in the months of November and December 2009.

Vijay Thakur, president, Indian Association of Tour Operators (IATO), “India is set to witness a growth of 25 per cent in the peak tourism season of 2009-10 in terms of foreign tourist arrivals.

The growth in inbound tourist arrivals to the country would come on the back of the revival in the economy.”

India has targeted to attract 10 million foreign tourists by 2010, almost double the figure which the country achieved in 2008. The country recorded foreign tourist arrivals of 5.37 million in 2008 and earned foreign exchange worth Rs 50,730 crore.

Carlson to open luxury brand regent in India

The chief executive officer of Carlson Group, announced the global hospitality chain’s plans to bring its luxury hotel brand Regent into the country. He was in New Delhi to sign a memorandum of agreement with real estate firm Pioneer Urban Land and Infrastructure, which will invest Rs 230 crore for building the first Regent hotel in Gurgaon that will open in 2013.

Global hospitality Chain looking at India

As India is emerging as a business hub in the global market, the hospitality chains are focusing on the country and are investing more to increase their footprints.

The US-based hospitality major Choice Hotels International has acquired its entire India business by buying the 60% stake of its franchise partners, for an undisclosed sum. The group said that after the buyout, Choice Hospitality India will be operated as a wholly-owned subsidiary.

Choice Hotels International manages brands like Choice Hotels, Comfort Inn, Comfort Suites, Quality, Sleep Inn, Clarion, Cambria Suites, MainStay Suites, Suburban Extended Stay Hotel, Econo Lodge, Rodeway Inn and Ascend Collection in the world.

Source :
The Hindu Business Line

 
 
 
   
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