Competition
Singapore seen narrowly dodging recession in third quarter, central bank to ease: Reuters polledit
Reuters – Online
Singapores economy likely escaped a technical recession in the third quarter even as growth stayed subdued, weighed down by the prolonged trade dispute between the United States and China, a Reuters poll showed.
Industry
Religious tourism to boost hospitality industryedit
The Tribune – Print – Delhi
“Concepts like medical and wellness tourism have emerged lately in India and it will be safe to say that religious tourism too has also picked up. The corridor is all set to act as a catalyst in hastening this type of tourism,” said Grewal. With such a huge daily influx of tourists, hoteliers are naturally viewing Kartarpur as their El Dorado.
Trends shaping the tourism industry in 2020: Daniel Dsouza, President and Country Head, Leisure, SOTC Traveledit
Everything Experiential Business World – Online
Travellers in India have begun stepping away from the same old long-term vacations during traditional holiday periods and are seeking a varied portfolio of attractive tourism products.
Biz travel, the millennial wayedit
The Week-End Leader – Online
The trend is driving growth in the category across the country with millennials looking to derive maximum out of their travel and business from a leisure trip and the tourism and hospitality industry personalising offerings to suit the specific requirements of these travellers.