The company's net sales during the period under review stood at Rs 361.51 crore compared to Rs 398.47 crore in the same period in 2015, a decline of 9%.
This increase according to the paper, will be greater than the increases in business travel growth in the next 3 largest countries.
UK is one of the top most outbound markets for Indian travelers and the sharp fall of the pound from around Rs 99.47 on June 23 to around Rs 83.
FAITH stated Indian tour operators who sell 'internationally based', accommodation and travel bookings and packages do not get any input tax credits for CENVAT from them.
RepUp is the first of its kind to bring its knowledge on modern data science tech to enable the success of the hotel industry.
Currently, tour operators pay 10% on the invoice value for booking hotels and for other tours the tax is payable on 30% of the bill.
The company provides premium and luxury escorted tours and cruises around the world and has been servicing Indian customers since the eighties.
For holiday planning site GoFro, demand has gone up for single-city destinations like Dubai, Singapore and three-to-five night itineraries.
STARSIGHT has the ability to analyse top 'Burning issues' for every property and 'Commendable areas'.
Jean-Michel Cassé, senior vice president, operations, AccorHotels India said: “We are pleased to open our first AccorHotels’ property, ibis Kochi City Centre in Kerala.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon