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KUONI ON LOOK OUT FOR NICHE BRANDS
After
a lull of four years, Swiss travel major Kuoni is building up its
appetite for acquisition in India . The country's biggest travel companies
on prowl once again and has expressed interest in acquiring niche brands in domestic travel business, especially in the
space for soft adventure, hiking, bird watching
IATO TO CAMPAIGN FOR IMPLEMENTATION OF ITS ACTION PLAN
The
Indian Association of Tour Operators has announced its
decision to launch a relentless campaign for achievement of
its Action Plan to meet the challenges which have emerged in
the wake of tourism boom. The
IATO Action Plan includes, among other things building and
strengthening infrastructure, withdrawal of service tax in
relation to inbound tourism and also exemption of travel and
tour operators from the Fringe Benefit Tax
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