TI April 2013

Page 1

www.tourismindia.travel

Vol. 15

No. 12

Goa Kayaking

Thiruvananthapuram

www.tourismindiaonline.com

April 2013

Pages 20+4

Reg. No. KL/TV (N) 432/2012-2014

Price: (India) Rs.50 (Overseas) US $5 £3 Dh10

Munich

River Safari

Ethiopia

San Francisco

C

hina’s expenditure on travel abroad reached US$ 102 billion in 2012, making it the No. 1 tourism source market in the world in terms of spending. Other emerging markets as well as most traditional tourism source markets also showed positive results in 2012. Over the past decade China has been, and still is, by far the fastest-growing tourism source market in the world. Thanks to rapid urbanization, rising disposable incomes and relaxation of restrictions on foreign travel, the volume of international trips by Chinese travellers has grown from 10 million in 2000 to 83 million in 2012. Expenditure by Chinese

tourists abroad has also increased almost eightfold since 2000. Boosted by an appreciating Chinese currency, Chinese travellers spent a record US$ 102 billion in international tourism in 2012, a 40% jump from 2011 when it amounted to US$ 73 billion. With this sustained growth, China has become the largest spender in international tourism globally in 2012. In 2005 China ranked seventh in international tourism expenditure, and has since successively overtaken Italy, Japan, France and the United Kingdom. With the 2012 surge, China leaped to first place, surpassing both top spender Germany and second largest Contd. on page 20

I

ndia would be the third largest aviation market by 2020 said Mr. Ajit Singh, Union Minister for Civil Aviation while addressing senior representatives of the aviation industry in India on the occasion of Aviation day celebration at New Delhi. Mr. Ajit Singh informed that studies suggest, the countrie’s airports would be handling 336 million domestic and 85 million international passengers with projected investment to the tune of US$ 120 billion by 2020. The Minister reminded the gathering that recently he took a decision to liberalize the process for airlines to acquire aircrafts by doing away with the Aircraft Acquisition Committee. He added that the Government has also taken steps to liberalize and grant traffic rights to Indian carriers to fly to new destinations around the globe. He told that the most important branches of the Aviation value chain which are critically linked and interdependent

including the airline industry, the airports and manufacturing, engineering and service industry. The inter dependencies among airlines, airport and the industry will also reflect in a growing shared agenda among the three; and reflect the growing areas of synergies between key players from the industry, to work towards the development of the aviation sector in India. He also quote Henry Ford, “Coming together is a beginning; keeping together is progress; working together is success.” Aviation sector brings enormous benefits to communities and economies around the globe. It is a key enabler of economic growth, social development and tourism providing connectivity and access to markets globally. Air transport currently supports 56.6 million jobs and over US$ 2.2 trillion of Global GDP. India is among the countries witnessing highest growth in air passenger traffic. Its airport infrastructure is undergoing Contd. on page 20


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