Tuesday, Nov 12 2019 | Time 02:27 Hrs(IST)
image
  • El Salvador's president warns citizens of potential tsunami, urges to leave coastal areas
  • US State Department: No preferences for Bolivian president candidacy
  • ICRC calls for 'Proportionate' use of force in violent protests across Iraq
  • Police deploy tear gas, stun grenades against protesting students in Athens - Reports
  • Morales resignation sends strong signal to Nicaragua, Venezuela - Trump
  • Bolivia must hold new presidential election by Jan 22, 2020 - Senator Anez
  • Acting IAEA chief informed Board of Governors of uranium enrichment resumption at Fordow
  • Death toll from terror attack in Syria's Qamishli rises to seven, 70 injured - Reports
  • Cong releases third list of 19 candidates for Jharkhand assy polls
Press Releases » Business Wire India


India to Generate More Than 2 Million Outbound MICE Tourists by 2020

Business Wire India
The 7th Annual MICE India and Luxury Travel Congress is back yet again with a carefully curated program designed for world class travel & hospitality partners to do business with top corporations, most prominent associations, biggest film production houses, top travel agencies and premium destination wedding planners. In a span of seven years, the MILT Congress, organized by Dubai-based QnA International, has become India’s premium platform that gathers the movers & shakers of the MICE, corporate and luxury travel industry.

 

India’s outbound MICE tourism market is expected to reach US$ 9 Billion by 2025, and in 2020 India is expected to generate more than 2 Million outbound MICE tourists. Emphasizing on the growth trends of the MICE industry, Stephanie Tanpure, VP of Sales, Sands China Limited, commented, “We are projecting a very buoyant 2019 as far as meetings and events. I think the Global meeting and events industry should also expect some great results next year. We are not only seeing more and more events, but the average size of these events are growing. At Sands Resorts Macao we are particularly optimistic about the anticipated growth in MICE over the next two years and we remain hopeful to increase our Indian customer market share.”

 

Commenting on how Indian corporates continue to spend big on corporate travel and the immense potential of exploring great opportunities in Geneva, Jonathan Willi, Corporate Sales Manager, Geneva Convention Bureau said, “India is one of the fastest growing outbound tourism markets in the world and the MILT Congress is an ideal platform to provide great networking opportunities within the industry experts.” Medical tourism in Geneva is seeing increased business from India and Health and wellness tourism is one of the most profitable and growing tourism segments in the Geneva Lake region. “We have experienced a lot of interest from India in the last two years and see Indians as a distinct visitor group with their own unique characteristics, interests and needs.”

 

Sri Lanka is at the epicenter of South Asia and at the central point between Asia’s economic powerhouses. The country is strategically capitalizing on its MICE potential and looking at India as its number 1 source for MICE & luxury travel. The economic & political relationship between the two countries and enhanced air connectivity, less travel time, increase in income and trade transactions are positively encouraging the development of this industry. Mr. Kumar De Silva, Chairman, Sri Lanka Convention Bureau said “India is an important market for Sri Lanka for developing MICE in terms of numbers, value and also connected services. We have witnessed a surge in India MICE arrivals during the past years. We are looking forward to our participate at the 7th MILT Congress and meet with leading MICE Outbound Travelers, agents, DMCs, Corporates in India with the objective of promoting MICE tourism in Sri Lanka. Apart from that SLCB would expect to have an understanding about the Indian MICE market and buyers’ requirements in order to develop MICE strategies for developing MICE tourism.”

 

The rise of incentive travel in the sphere of corporate travel is opening a new dimension of opportunities for travel and hospitality suppliers around the world. “Last year alone more than 30,000 tourists from India visited Kazakhstan, which is double of what we witnessed in 2017. As the world is getting closer to each other, modern aviation is making the world a smaller place. Kazakhstanis growing economically, owing to the rising number of MICE and Luxury travels,” added Assem Kozbagarova, Director, SKYWAY TRAVEL.

 

Business tourism represents about 20% of global tourism and Mauritius is well positioned to promote MICE niche. MICE buyers see great potential in Mauritius as it has the infrastructure and superstructure to cater for MICE groups all year-round combining quality and style. The quality and variety of accommodation, the attention to detail in service delivery, state-of-the-art conferencing venues, and the vast number of additional activities on offer all guarantee genuine value for money. “Mauritius has a long reputation as being a perfect luxury lifestyle destination and has successfully built its reputation over decades to position itself as a destination that combines quality, elegance, sophistication and professionalism to enable groups to have a ‘MICE in style experience’ on the island,” said spokesperson from Air Mauritius & MTPA.

 

“MICE continues to be robust & we visualize Indian MICE operators & guests would look for hassle -free fine & luxury travel destinations like Mauritius. Mauritius is attractive in terms of accessibility, good frequency from Mumbai, Delhi and Bangalore,” he added.

 

Underlining the emergence of newer destinations and changing preferences, Sidh NC, Director, QNA International commented “Another trend we are witnessing is the diversification in terms of outbound MICE & luxury venues and facilities. There is now a growing demand for MICE events as well as luxury weddings to be held in distinctive, offbeat venues such as cruise ships, vineyards, and opera houses with a range of entertainment and activities thrown in to make sure the experience is a memorable one for all present. The MILT Congress, therefore presents an ideal opportunity for global travel and tourism players to tap into the diverse trends and growth drivers shaping India’s outbound MICE and luxury travel industry.”

 

The MILT Congress, held from July 17-18, 2019 in Delhi and from July 23-24, 2019 in Mumbai, will gather MICE and luxury travel buyers from across the country to meet top international destinations, suppliers and creative partners to share their packages and close business deals. Besides its intimate format of personal, one-on-one interactions and individualized learning, this year’s congress is also inclusive of an innovative learning program and networking engagement initiative. The MILT Excellence Awards will be held in conjunction with the congress that aims to honor the creators of magical moments & memorable experiences from the MICE, business and luxury travel industry.
More News

Wipro Implements SAP S/4HANA® for Sydney Water

11 Nov 2019 | 5:55 PM

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced the successful implementation of SAP S/4HANA® software for Sydney Water, a statutory state-owned corporation wholly owned by the New South Wales Government.

see more..

Secure Yourself Against Credit Card Fraud With Wallet Care From Bajaj Finserv

11 Nov 2019 | 5:41 PM

With incidents of credit card and debit card fraud in the news every other day, it is essential for you to safeguard your finances from PIN based ...

see more..

Angel Broking Simplifies Retail Equity Investments With ZERO Brokerage Plan

11 Nov 2019 | 5:07 PM

After encouraging response received by its inaugural simplified pricing driven premium services plan Angel iTrade, Angel Broking has announced the launch of a next level version, i.e., Angel iTrade Prime.

see more..

Tally Solutions Signs MoU With the ICAI to Promote Digitization Among Chartered Accountants

11 Nov 2019 | 4:35 PM

Tally Solutions, the country’s leading business software provider, has signed a Memorandum of Understanding (MoU) with The Institute of Chartered Accountants of India (ICAI), the national professional accounting body.

see more..

A Steady Multi-Cap Builder - "Super 60", a New Launch of DSIJ

11 Nov 2019 | 2:21 PM

India’s oldest and most trusted investment fortnightly Dalal Street Investment Journal (DSIJ) has launched a new product, Super 60.

see more..
image