Tag: Asia-Pacific

Photo Courtesy: The National As per a recent report in China Daily, China’s performance the tourism has boosted the travel and tourism sector in the Asia-Pacific region in recent years. Number of overnight stay travellers in China had gone up 2.5 per cent during 2017, compared with 2016, reaching 60.7 million.  Meanwhile, around 140 million outbound trips are recorded during 2018, depicting an increase of 11 million from 2017. It said that international visitors bound for China accounted for nearly 20 per cent of all travellers and 8.4 per cent of the tourism revenue generated in the Asia-Pacific region. It ... Read more

The newly imposed 28 per cent tax on luxury hotels in India, is a burden for most of the global hoteliers, as it would affect the future development plans of the brands. Major hotel brands have raised their concerns, at Hotel Investment Conference-South Asia (HICSA), that India is one of the immense taxed counties in the world. “It is a singular tax so it makes it easy to do business. But, in relation to the quantum of the tax, it makes it one of the highest taxes in the world on travel. In terms of the quantum of the tax ... Read more