KRChoksey’s Post

🚀 Bullish on India's #tourism sector? 📽 Watch what's in store for you: https://lnkd.in/gpx5us5W In episode 34 of Market Makers, we speak to Shaily Gang, Head of Product at Tata Mutual Fund. Shaily shares insights with Milan Bavishi, Director of Content @ Upstox, on how this index fund provides an opportunity to invest in India’s tourism industry. What are your thoughts on this sector? Comment below 👇

With substantial funds and investments, there is no doubt that #SaudiArabia aims not just to enter the travel market but to become a leading destination in the region, rivaling the UAE, Egypt, and Jordan. However, this ambitious goal is challenging to achieve, as most investments are currently directed toward infrastructure. A clear plan is needed to develop a qualified workforce to elevate Saudi Arabia to this global stage. As an Account Manager, interacting daily with hotel partners in this market, I observe that the Saudi government will need decades to build a talented and qualified workforce to reach the desired status as a preferred travel destination. This can only be accomplished if there is simultaneous investment in human resources alongside infrastructure development #travelindustry #saudiarabia #traveldestination #toursim #neom

I recently had some family time in Langkawi. Having spent quite a number of times on the island during my younger years (particularly during those happening LIMA days), I was expecting more development, better infrastructure, economically inclined communities, and of course, more buzz for the tourism industry. Boy..., was I disappointed (and quite sad too). On the surface, it looks like the locals are not better off economically (I may be wrong, and I hope I am too). Many shops are no longer in operation, buildings are dilapidated, and some attractions are rotting with garbage. Yes, Pantai Cenang is still somewhat full of vibes. The skybridge is amazing as ever. There are also plenty of foreign tourists about (Fly Dubai goes direct & so does Turkish Airlines JV with Batik Air). But it's 2024, and it should be much better. So instead of blaming Covid, politicians, and whoever, perhaps we can make a difference. I'm not just talking about Langkawi, but many local destinations as well. If you are in a position of power, host your international trainings, meetings, workshops, or conference in places like Langkawi. Why do we need to go to London, Cambridge, Oxford, or even Bali to organize/attend a conference? Particularly in Islamic Finance or the Halal Economy where all the Subject Matter Experts are homegrown. We should be proud of what we have in our own backyard. And who says you cannot see a school of Dolphins glide in the oceans in Langkawi? We did.... and the bluest sea as far as the eyes can see. Not mentioning Mount Kinabalu, the Mulu Caves, Taman Negara, etc. So, here's my challenge to you: let's show some love to our local spots to the world. By supporting them, we're not just boosting the economy but also giving back to our communities (and that's applied SDG too, right? 😊)

📈 Investor Insights from the Tourism Project Meetup in Lahore! 📈 We’re thrilled to present a testimonial video capturing real investor experiences from the recent Tourism Project meetup hosted by Usama Bilal at Indigo Hotel, Lahore. After meetings across 14 cities, investors share their excitement for tourism project growth and how our guidance is helping them make smart, informed investment choices. Don’t miss their insights and valuable feedback on Pakistan’s promising tourism industry! #TourismInvestment #InvestorFeedback #RealEstate #LahoreMeetup #WirasatRealEstate

Encouraged Seeing Discussion to Reinstated the Hospitality Industry that was in a Stagnant Mode.   =================== Despite all odds, I hope it may bring some sort of vibe in the hospitality industry that was in serious jeopardy following COVID 19 & internal unrest in Ethiopia. Still a lot has to be done with regard to ensuring Peace and security for tourism& hospitality industry to flourish. Unless the resultant economic downturn, unemployment and related socio economic chaos would be catastrophic. The discussion was held recently between the new Minister of Tourism and potential partners of the sector. It was mainly focused on opportunities for cooperation, challenges of the sector, and other untapped potential that could make Ethiopia a major destination for no reasons. Tourism Minister, Selamawit Kassa, has emphasized the government's commitment to make MICE Industry to develop so as the sector benefits better and contribute to bring more revenues to Ethiopia's economy. The representatives of the organizations shared their overall understanding of the needs of the industry and raised matters of challenges & comparative advantage to be  competitive globally in Africa. Minister Selamawit said that her ministry is committed to building Ethiopia's image internationally by preparing guidelines and implementing policies that encourage the growth of the sector. To sum up, she reiterated to the discussants that it's necessary to strengthen partnership by creating a regular relationship having continuum sessions.

The success of any property business in Phuket hinges on accurately forecasting demand, which in turn means understanding Phuket's tourism dynamics. This might be a challenge for a new player in the field. Let's take the recent Chinese New Year celebrations. Local media outlets in Phuket announced that "nearly 50,000 passengers were expected to arrive in Phuket during Feb 4-16." Quick check through the TAT database, reveals that international passenger arrivals at Phuket airport ranged between 17,198 and 20,459 people per day. And paradoxically, this rather confirms than defies the initial forecast. The absolutely wrong news reports were bases on the absolutely correct announcement by Phuket Airport, which expected to service 49,000 passengers daily from Feb 4-16. This figure actually represented an approximate split of 24,500 arrivals and 24,500 departures. After adjusting for Thai nationals arriving on international flights and adding foreign arrivals on domestic flights, the numbers indeed align. The next question to consider is whether the current traffic through Phuket airport is really as big as reported in the media. Cannot there be one mistake upon another? Nearly 50,000 people look like a huge the crowd exceeding the capacity of Stamford Bridge Stadium, the home of Chelsea. But is this a significant number for Phuket Airport? I'll provide some perspective in my next post.

In today's dynamic travel landscape, having access to comprehensive data is indispensable for businesses aiming to thrive in the hospitality sector.  Whether you're a property manager, investor, or entrepreneur, understanding the rental market in your chosen area is paramount for growth and success. This blog will guide you through #scrapingpackageprovidersdatafromAirbnb, focusing on 612 rental properties. We aim to extract critical information such as host names, contact numbers, email addresses, and property locations (longitudes and latitudes or addresses). KnowMore: https://lnkd.in/dtQT8R3e #ScrapePackageProvidersDatafromAirbnb #AirbnbPackageProvidersDataScraping #AirbnbPackageProvidersDataExtraction #AirbnbPackageProvidersDataCollectionServices #ExtractPackageProvidersDatafromAirbnb #CollectPackageProvidersDatafromAirbnb #ExtractingPackageProvidersDatafromAirbnb #CollectingPackageProvidersDatafromAirbnb #WebScrapePackageProvidersDatafromAirbnb #TravelDataIntelligence #WebScrapingforTravelData #TravelDataScrapingServices #TravelScrapingAPI #TravelMobileApp #TravelAggregators #TravelScrape #Unitedstates #unitedkingdom #UnitedArabEmirates #singapore #india #dubai #germany #canada #singapore #china #japan #HongKong

We are bringing you a platform that will make it easier for you to get the attention of international clients, tourists, adventure-seekers… and more. That’s not the good news… The good news is.. We aim to cater to your business and your clients.. helping you foster massive partnerships and business relationships. Follow us to stay updated #digitalmarketing #wemarketbotswana #ExperienceBotswana

𝗜𝗻𝗱𝗶𝗮’𝘀 𝗕𝗼𝗹𝗱 𝗠𝗼𝘃𝗲: 100% 𝗙𝗗𝗜 𝗶𝗻 𝗧𝗼𝘂𝗿𝗶𝘀𝗺 𝗦𝗽𝗮𝗿𝗸𝘀 𝗡𝗲𝘄 𝗛𝗼𝗿𝗶𝘇𝗼𝗻𝘀 𝗳𝗼𝗿 𝗠𝗜𝗖𝗘 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 The Indian government’s recent decision to allow 100% foreign direct investment (FDI) in tourism-related ventures is a significant milestone for the MICE industry. This policy change is expected to drive growth and create new opportunities. India’s travel sector is on an impressive growth path, with projected revenue set to reach USD 23.72 billion by 2024. This growth is fueled by a 9.62% CAGR from 2024 to 2028, leading to an anticipated market volume of USD 34.25 billion by 2028. The Inbound MICE industry contributes significantly to this growth. For more insights into India’s travel and tourism growth, read the full article here- https://lnkd.in/g2QseAB9 #HiWalk #CreatingMoments #MICE #Travel #NewsUpdate

Why You Should Start a Travel Agency in Saudi Arabia The Kingdom of Saudi Arabia, with its rich cultural tapestry and awe-inspiring landscapes, is on an ambitious journey to diversify its economy and establish itself as a premier global travel destination. The visionary Saudi Vision 2030 initiative aims to transform the travel and tourism sectors into thriving economic powerhouses, presenting immense opportunities for entrepreneurs and business visionaries worldwide. Key Reasons to Start a Travel Agency in Saudi Arabia: Economic Diversification - Saudi Vision 2030: The initiative focuses on reducing dependency on oil, making tourism a key driver of economic growth. Strategic Location: Positioned at the crossroads of Europe, Asia, and Africa, Saudi Arabia is a pivotal business hub connecting the globe. Government Support and Incentives: Simplified regulatory processes and various government incentives make it easier to establish and grow a travel business. Thriving Tourism Sector: The booming tourism industry offers vast opportunities from adventure tourism, cultural immersion experiences, to religious pilgrimage tours. Future Trends: Embrace eco-tourism, AI-powered travel planning, and halal tourism to stay ahead of the curve and meet emerging traveler demands. Steps to Establish a Travel Agency in Saudi Arabia: Comprehensive Market Research: Understand the target audience, competitive landscape, and potential growth areas. Meticulous Business Planning: Develop a robust business plan covering objectives, financial projections, and marketing strategies to attract investors and form strategic partnerships. Company Registration and Licensing: Navigate the multi-faceted company registration process and meet capital and licensing requirements with approvals from relevant authorities. Strategic Partnerships: Forge collaborations with local and international travel agencies, hotels, and attractions to expand your offerings. Digital Marketing and Influencer Collaborations: Develop a strong online presence, engaging social media campaigns, and partner with travel influencers to promote unique travel experiences. Starting a travel agency in Saudi Arabia is a rewarding endeavor, offering numerous opportunities for entrepreneurial success. By leveraging expert consultancy, meticulous planning, and innovation, entrepreneurs can capitalize on the Kingdom's rich cultural heritage and create unforgettable travel experiences. 🚀 Ready to embark on your entrepreneurial journey in Saudi Arabia's booming travel industry? Contact us today to turn your vision into reality! #TravelAgency #SaudiArabia #Tourism #Entrepreneurship #Vision2030 #BusinessOpportunities #SaudiVision2030 #TravelBusiness #DigitalMarketing #StrategicPartnerships