TTG Asia
Asia/Singapore Thursday, 1st January 2026
Page 1115

Asia accounts for six out of top 10 most visited cities in 2018: GlobalData

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Six out of the top 10 cities in terms of international visitor arrivals in 2018 were from Asia, with tourism friendly policies, low cost connectivity and weak currencies playing a vital role in attracting international visitors to the region, according to a new study by GlobalData.

Research from the data and analytics company found that Asian countries, namely, Bangkok, Singapore, Tokyo, Hong Kong, Seoul and Shenzhen, were among the top 10 destinations by international visitors in 2018.

Asia accounts for six out of top 10 most visited cities in 2018, with Bangkok, Singapore, Tokyo, Hong Kong, Seoul and Shenzhen making it to the list: GlobalData (Pictured: Shibuya neighbourhood in Tokyo)

Greater London and Greater Paris from Europe, Dubai from Middle East and New York City from the US were the other cities that featured in the top 10 list.

GlobalData’s economic research analyst Aditi Dutta Chowdhury said: “Visitors from China and European countries are driving the growth of international arrivals to Asian cities. Tourism friendly visa policies of Thailand, strong promotional efforts and low cost connectivity have made Bangkok the top international destination. In addition, weak Asian currencies along with diversity of visitor interests in Asian cities played a vital role in attracting international visitors.”

Greater London was the second most preferred destination in terms of international visitor arrivals. The city being the key financial hub of the world and home to leisure tourist attractions were the main reasons for the high influx of international visitors last year.

Depreciation in the value of British pound since the Brexit referendum in 2016 has further fuelled the growth of international visitors to Greater London. Nearly 50 per cent of international visits to London in 2018 were for leisure purposes.

A total of 13.2 million foreign visitors visited Greater Paris in 2018. Cultural heritage, art, monuments and café culture were some of the main visitor attractions in the Greater Paris region.

The tourism sector accounted for approximately nine per cent of the total employment in the Greater Paris region in 2018.

Dubai led the Middle East and North Africa region in terms of visitor arrivals. Visa-on-arrival as well as 30-day and 90-day free visa policy offered to countries, including China, India, Russia, the US and the UK, have significantly contributed to the growth of visitor arrivals to Dubai city.

Among the top 10 cities, Tokyo exhibited the sharpest growth of 60.5 per cent in international visitor arrivals during the period of 2014 to 2018. The growth of international visitor arrivals in Tokyo was aided by initiatives by the public and private sector to promote Tokyo’s tourism and create a welcoming environment for visitors, along with measures taken to relax visa requirements for foreign visitors from Asia and other regions.

Global destinations witnessed a huge influx of Chinese visitors while countries such as South Korea and Japan are also named as the key source markets.

Demand for China outbound tourism grew continuously in line with rise in personal disposable income. According to the China National Tourism Administration, outbound travel grew by 262 per cent since 2008 and is expected to reach 166 million departures by 2019.

India, which has a large and increasingly affluent middle class, has huge potential as a key source market to the global destinations.

The Indian outbound visitor numbers has been growing at an average annual rate of 9.2 per cent since 2008. According to UNWTO’s estimates, 50 million Indian tourists will visit global destinations by 2020.

Four Seasons Bangkok opens for reservations ahead of 2020 opening

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With its grand opening just a few months away, the Four Seasons Hotel Bangkok at Chao Phraya River is now accepting reservations for arrivals beginning February 1, 2020.

Set along 200m of uncluttered riverfront, the 299-key new hotel designed by architect Jean-Michel Gathy spans across 3.6ha of land along Charoenkrung Road.

Four Seasons Hotel Bangkok at Chao Phraya River is now accepting reservations for February 2020 arrivals onwards

Four Seasons Hotel Bangkok at Chao Phraya River will feature an urban spa, two infinity pools, a kids’ club, a private boat dock, as well as 3,823m² of event spaces encompassing a waterfront ballroom and terrace.

The BKK Social Club, which is located in the hotel’s central courtyard, offers innovative cocktails featuring fresh Thai produce, bar dishes that unify local and Latin flavours, rare spirits and shared punch bowls.

Additional F&B establishments at the hotel include Cantonese restaurant Yu Ting Yuan; Riva del Fiume; Brasserie Palmier which serves tropical French cuisine; The Lounge which offers casual dining and drinks; as well as pastry shop Café Madeleine. Poolside refreshments between the hotel’s two infinity pools and 24/7 in-room dining are also available.

Four Seasons Hotel Bangkok at Chao Phraya River currently has an introductory offer that includes US$100 credit toward dining or spa with a minimum two nights booked.

Best Western plans Japan debut of BW Signature Collection in Kyoto

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Best Western Hotels & Resorts has signed a deal with Landowner Japan for a new hotel in Kyoto, which will also mark the Japanese launch of the BW Signature Collection.

Set to open in 4Q2020, The Hotel Kyoto Palace, BW Signature Collection by Best Western will be nestled in the city’s central Nakagyo Ward.

The Hotel Kyoto Palace, BW Signature Collection by Best Western (above) is slated to open in 4Q2020

The 57 guest rooms will include double, twin, deluxe twin and premier twin options, ranging in size from 23 to 40m². Hotel facilities include a spa with gender-segregated sections, a library, a bar and a restaurant serving Japanese and international cuisines.

The signing of The Hotel Kyoto Palace, BW Signature Collection by Best Western marks the latest step in the Japanese expansion strategy of the hotel group, which now operates 18 properties across Japan.

60 seconds with….. Senior Director of WTM London, Simon Press

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Brought to you by WTM London

WTM-London

What is the theme for WTM London 2019?

Ideas Arrive Here is going to be a recurring theme from 2018. For WTM London 2019, we’re expanding our notion of this concept through Innovative Perspectives, New Possibilities and Inspiring Fresh Thinking.

The event is known for being a key hub for creation in the travel industry, in addition to the business deals and ideas that fuel the industry.

What is new for WTM London 2019?

This year WTM London 2019 is extending its reach throughout the travel industry our newest launches.

Travel Week will be the seven day travel celebration over the week of WTM London. This is going to allow travel professionals and enthusiasts to come together to raise awareness on how big the travel sector really is.

We aim to show the impact of travel VIPs coming to London for the first week of November, due to them coming for WTM London. We want to extend our hand to the industry, without taking full ownership. More information about Travel Week is due to be launched shortly, so watch this space!

BorderlessLive is the brand-new event where content where creative thinkers, worldwide brands and destinations from across the globe will come together for a festival style exhibition and conference.

On Friday 6 and Saturday 7 September, WTM London will be launching this one-of-a-kind event, in partnership with influencer-marketing agency Traverse, where we will be presenting how the nature of the industry has changed and where it will be moving to next.

On the first day of the show (Monday 4th), we will be increasing networking opportunities at senior level by introducing an invitation only Leaders Lunch.

What else can we look forward to at WTM London 2019?

The year ahead will see the return of the International Travel & Tourism Awards, Travel Forward and the dedicated regional Inspiration Zones.

The International Travel & Tourism Awards celebrate the success of national, regional and city tourist boards and recognise outstanding private sector companies and individuals. Showcasing the best in class of the global travel & tourism industry at the new London venue, Magazine London on Tuesday 5 November 2019. There are still some sponsorship opportunities available for our awards so do get in touch with the team if you’re interested.

Travel Forward is the travel technology event co-located with WTM London and will take place on 4–6 November 2019 at ExCeL London. The second Travel Forward conference, exhibition and buyer programme is due to once again inspire the travel and hospitality sectors with next-generation technology.

The Inspiration Zones within each region will continue to connect exhibitors through engaging new ideas whilst focusing on current and future concepts. We are continuing to reshape our conference programme to incorporate the expansion of the Ideas Arrive Here theme.

On the subject of inspiring stories, our new video concept, #WTMStories, will give viewers an insight into travel trends – as seen through the eyes of key industry figures and consumers.

Don’t miss out on…

£3.5billion in business deals
50,000 senior travel professionals
11,000 buyers
5,000 exhibitors
3,000 media
180+ countries and regions
FIVE stages hosting dedicated regional content

Register your interest at london.wtm.com

Show dates and location

  • Monday 4 November 2019: 10:00 – 19:00 (invite only)
  • Tuesday 5 November 2019: 10:00 – 18:00
  • Wednesday 6 November 2019: 10:00 – 18:00

ExCeL London, Royal Victoria Dock, 1 Western Gateway, London E16 1XL

Amari Pattaya – Following its spectacular transformation, this popular and sophisticated beachtown resort, close to the Thai capital, beckons first-time and repeat leisure and business travellers

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Brought to you by Amari Pattaya

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Located on the northern shore of Pattaya Bay, a short 90-minute drive east of Bangkok, Amari Pattaya has fantastic facilities in a garden setting, well suited to holidaymakers as well as meeting groups.

Young and young-at-heart pleasure seekers can relax and rejuvenate, families of all ages can enjoy quality bonding time and fun activities, while event delegates can work hard, then play hard.

Variety is the spice of life and easy access to family-friendly attractions, golf courses, museums, beaches and the new Terminal 21 shopping mall, a short walk away, offers something for everyone.

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Accommodation

Guests have a choice between two distinct wings – the all-new Amari Suites, a great option for families, and a fully-rejuvenated Amari Tower, which houses the signature Amaya Food Gallery, Breeze Spa for refreshing treatments and a 24-hour fitness centre to cater to keep-fit enthusiasts.

Entry-level Tower rooms are spacious, measuring 49m2 with oversized baths, separate showers, double vanities and a balcony.

The 297 stylishly refurbished rooms and suites range from Deluxe Rooms to Executive Club Ocean View Suites, and come with feature panels of subtle orchid motifs and local fabric accents to create a contemporary Thai ambience, complimenting the hotel’s garden setting and beachfront location.

Amari Suites, tucked away in a dedicated low-rise building surrounded by lush landscaping, comprises 49 two- and three-bedroom residential-style suites with a contemporary design. The suites are based on vintage architectural features from traditional Thai homes and offer ocean views.

Food & Beverage

Amaya Food Gallery is inspired by the local food markets of Asia with friendly chefs preparing regional and international culinary highlights and a collection of signature Thai favourites.

Breakfast is when Amaya comes to life with its extensive market-style spread complimented by a kids-only breakfast section supervised by members from the resort’s animation team.

Later on, guests spending time at the water park can enjoy a relaxing meal or cocktail at the poolside Aqua Eatery & Bar.

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Meetings & Functions

With over 40 years of experience hosting large-scale events, coupled with a wide range of indoor meeting rooms, and outdoor options, Amari Pattaya is the perfect venue for corporate events and social gatherings.

The brand-new state-of-the-art pillar-free Grand Ballroom, for example, can accommodate up to 700 guests, and the extensive Beach Lawn is another excellent event space.

Fun & Recreation

The recently unveiled all-new outdoor free-form swimming pool, with a treehouse themed slide and aqua park, sits on the largest gardens of any resort in the area.

Amari Pattaya also treats the little ones as special guests with their own check-in desk and vacation surprises. Children are encouraged to join the resort’s specially curated daily activities with resident mascots, Sky and Rose, endless hours of fun at the supervised outdoor water slides and adjoining Treehouse Kids’ Club, and there is even a treatment room just for them at Breeze Spa. 

Relaxation & Indulgence

Breeze Spa offers a number of spa treatments to soothe the skin, sore muscles and cluttered minds. Among the treatments is the Pattaya Refreshing Package, a signature treatment exclusive to Amari Pattaya. It starts with a jasmine and mint body scrub that naturally moistures and calms the skin, followed by a Thai aromatic massage to relieve strained muscles, and an uplifting crystal clear facial treatment with jade and rose quartz to freshen and rejuvenate.

To find out more about Amari Pattaya and where to go, shop, eat and play in Pattaya, explore Destination Amari at www.amari.com/pattaya.

The Future of the Asia’s Wellness Industry and Wellness Economy

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Brought to you by The Fitness Summit

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On 28 November, Asia’s business network for the wellness, fitness and hospitality industry, FIT Summit, will connect business leaders from across the region at the Bali Wellness Summit at Alila Seminyak, Bali, Indonesia.

The event shines a spotlight on Asia’s dynamic and fast-growing wellness industry, focussing on topics around the business of wellness including wellness trends, wellness and fitness facilities, wellness tourism, consumer demand and new product innovation.

The Bali Wellness Summit will gather 250 executives from 100 companies, including Asia’s leading hotels, resorts, spas, retreats, gyms, clinics, solution providers and investors.

Confirmed speakers include:

  • Amanda Teng, Director, Spa Operations (SE Asia & India), Hilton Hotels & Resorts
  • Benjaporn Karoonkornsakul, Founder and CEO, The Absolute Group
  • Ezekiel Vicente, Chief Human Resources Officer, Mindvalley
  • Jeremy McCarthy, Group Head, Spa & Wellness, Mandarin Oriental Hotel Group
  • JJ Sweeney, Founder and CEO, Paradigm Fitness (former Co-Founder, Celebrity Fitness)
  • Lindsay Madden-Nadeau, Global Director, Well-Being, AccorHotels
  • Meghan Pappenheim, Co-Founder, The Yoga Barn and The BaliSpirit Festival
  • Niamh O’Connell, Group Vice President, Guest Experience & Wellness, Rosewood Hotels
  • Peter Thew, Co-Founder, Yoga Movement
  • Tommy Lai, CEO, GHM (General Hotel Management)
  • Tony De Leede, Renowned Wellness and Fitness Entrepreneur
  • Zoe Wall, Group Director, Spa (Asia), Minor International

By attending you will gain access to unparalleled industry connectivity, insight, knowledge and business development. To learn more about the event, visit www.thefitsummit.com/events/bali/.

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Quantum of the Seas – The Ultimate Bleisure Destination at Sea

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Brought to you by Royal Caribbean Cruises

Aerial view with North Star on Quantum of the Seas
Aerial view with North Star on Quantum of the Seas

This 16-deck high, 4,905-guest smart ship that’s filled with revolutionary first-at-sea amenities and transformative venues, makes top choice for event organisers looking for a novel, unique, and aspiring getaway for their MICE groups.

The Unique and Awe-Inspiring

Quantum of the Seas’ next generation features and entertainment offer excitement, relaxation and everything in between from day to night for team and individual activities, particularly:

North Star: This elevated glass capsule lifts you to 92 metres above sea level for a stunning 360-degree view of the ocean and the ports.

Ripcord by iFly: Spread your wings (arms in this case) and soar in the skydiving simulator and experience the thrill of flying at sea!

FlowRider: Put your surfing skills to the test on the crowd-favorite surf simulator while gazing out into the horizon.

Two70°: In the day, relax in the lounge and enjoy a 270-degree panoramic sea views with its floor-to-ceiling glass walls spanning almost three decks high. At night, the venue transforms into a vibrant performance venue, which fuses entertainment and technology combined with live performers, aerialists, as well as projections of breathtaking video and digital scenery on the sky-high glass walls.

SeaPlex: The largest indoor active space at sea, this is a distinctive and flexible sporting and entertainment venue with exhilarating features like the bumper cars and roller-skating. At night, guests can dance to music orchestrated from a floating DJ booth which hovers above the activity below.

Bionic Bar: Step into the future where dancing robotic bartenders entertain you while shaking and mixing up delish cocktails or mocktails.

Gastronomic Delights

There are as many as 18 dining venues onboard to satisfy everyone’s taste buds, ranging from the complimentary Main Dining Rooms and Windjammer Café buffet restaurant to specialty restaurants such as Jamie’s Italian, Wonderland Imaginative Cuisine, Izumi Japanese Cuisine and Chops Grille Steakhouse.

Wonderland: An intimate restaurant within an edgy and surreal dining environment, where our chefs twist their culinary kaleidoscopes to invent an elaborate dreamscape of never-before-seen fare. Flash-frozen ice cream tops tender pork belly. Wasabi caviar mingles with spicy tuna cones. Sriracha eggs appear in a plume of smoke.

Jamie’s Italian: A casual and comfortable family-style restaurant by celebrity chef Jamie Oliver featuring a relaxed laid-back atmosphere and rustic Italian dishes handmade using seasonal ingredients, and authentic recipes.

Comprehensive MICE Facilities and Customised Packages

Being one of the largest business centres at sea, Quantum of the Seas offers a variety of meeting venues and event spaces to suit every group size and occasion, from the lounges and bars for an intimate, casual ambience, to the 500-plus-seater Two70 and 1,300-seater theatre for more formal functions. This ship also provides comprehensive conference facilities including complimentary AV equipment and dedicated conference rooms.

Royal Caribbean’s all-inclusive cruise package offers comprehensive conference facilities, luxurious accommodation, non-stop entertainment and world class cuisine. The ship also has a group of dedicated onboard convention services coordinators to provide personal assistance. What’s more, you can even tailor your meeting package to suit your groups’ needs.

Two70 Show on Quantum of the Seas
Two70 Show on Quantum of the Seas
Bumper Cars at SeaPlex

With 34 cruises starting from 4 nights from Singapore till April 2020, Quantum of the Seas will be sailing to popular destinations such as Penang, Kuala Lumpur (Port Klang), Phuket, Bangkok (Laem Chabang) and Ho Chi Minh City (Phu My).

To find out more on how to plan your MICE event on Quantum of the Seas, visit www.royalcaribbeanincentives.com. You can also contact our Corporate Sales team at rcclgroupsales@rcclapac.com.

A different look at Thailand

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Loei, a province in north-eastern Thailand, has been identified as a destination with potential for more tourism growth

Thailand wants to introduce its second-tier provinces to the world so international visitors can have access to a wider and richer range of experiences in the country.

Tourism authorities and operators in Thailand have pledged to form a joint commitment to woo foreigners and locals to 55 provinces that receive less than four million tourists each year.

Loei, a province in north-eastern Thailand, has been identified as a destination with potential for more tourism growth

New tourism and sports minister Pipat Ratchakitprakan said tourism stakeholders have already begun implementing a series of action plans to strengthen tourism in those provinces.

“The plan is to keep Thailand as a preferred destination for international tourists, and to promote more second-tier provinces to foreigners and locals,” said Pipat.

The Tourism Authority of Thailand (TAT) will kick off the first phase of promotions and activities for 33 potential provinces. Another 22 provinces will follow in 2020.

Based on marketing action plans drafted by TAT, some of the destinations will be able to promote themselves with their unique attractions, while others may need help to reposition themselves.

In addition, the committee will work towards improving safety and security standards in the provinces. The ministry will work closer with industry players to increase safety standards so tourists will be more comfortable visiting outer areas.

Yuthasak Supasorn, governor of TAT, said the Thai tourism sector has already been contributing nearly 20 per cent towards Thailand’s economy, but it is expected to grow even more this year and beyond.

In 2018, 38 million tourists visited the country. Out of those, only 2.7 million travelled to second-tier provinces. In the first six months of this year, 19.6 million foreigners visited the country; during the same period, both locals and foreign tourists made 35 million trips to second-tier provinces.

The top three most visited provinces were Nakhon Si Thammarat, Pitsanulok and Chiang Rai respectively. Chiang Rai earned the highest tourism revenues, followed by Nakhon Si Thammarat and Satun.

“Thailand has so much to offer but sometimes you need to go beyond the obvious. Clients are taking advantage of the increased airlift into places like Phuket and Samui, but then move to resort areas where they can experience the Thailand of yesteryear,” said David Kevan of Chic Locations, a UK tour operator.

“On my last travels around southern Thailand, I fell in love with the country all over again. It has its pockets of overdevelopment, but there are so many other areas where you can live your dream and in supreme comfort,” he added.

Travel to secondary cities is expected to increase from 30 per cent this year to 35 per cent in 2020, and part of that growth will be driven by foreigners. The data from the ministry shows that 70 per cent of total tourists visited the top 22 major provinces.

Chiang Rai is likely to benefit from the massive international media coverage during the cave rescue operation of the young football team. Satun in the south, meanwhile, was named by UNESCO as a new geopark, and Leoi in the north-east was one of the top ranked in terms of visitor growth.

TAT also wants to elevate some events to international status. These include a car racing event in Buriram, a beach run in Pattaya and in Khon Kaen. These will target at least three groups – senior citizens, females and the millennials.

Wichit Prakobkosol, chairman of CCT Group, one of the largest inbound tour operators in Thailand, urges public and private sectors to collaborate in marketing and product development so less popular destinations will receive a boost in interest from travellers.

“Of the visitors that came to Thailand last year, not many went to secondary provinces as they should have done. Spreading them out to new destinations will be good,” he said.

Phuriwat Limthavornrat, managing director of P Incentive Tour Event, called for officials to put more marketing efforts to boost tourism business in provinces. He said tourists, entrepreneurs and local businesses should share in the benefits of tourism. – additional reporting by Xinyi Liang-Pholsena

Indonesia’s draft criminal code would be disastrous for tourism, warns trade

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Industry members in Indonesia have expressed their deep reservations and objections over the passing of a revised criminal code containing controversial articles, as they believe such a move would prove disastrous for the tourism sector if passed through.

A highly contentious bill is Article 417 (1) of the Revised Criminal Code Bills stated that anyone caught conducting adultery and sex outside of marriage could face a maximum of one year in prison. Another bill prohibits cohabitation outside marriage and same-sex sexual relations.

Trade players say Indonesia’s draft criminal code has affected inbound tourism to Bali (Pictured: Pura Tirta Empul water temple near the town of Tampaksiring, Bali, Indonesia)

Although the bills have yet to become law and the parliament has decided to delay passing the bills, the trade has seen some damages done and want the controversial articles to be scraped altogether.

The draft criminal code, which could potentially criminalise tourists for having extramarital sex in the country, have drawn sharp criticisms from industry stakeholders in Bali.

For I Ketut Ardana, managing director of Bali Sunshine and chairperson of the Association of Indonesian Tours and Travel Agencies (ASITA) Bali chapter, the revisions of the criminal code, which recently drove thousands of university students across the country to take to streets, are a threat to tourism.

Expressing his disagreement, Ardana said: “If we want to develop tourism in Indonesia, such crazy regulations do not need to exist in this country.”

Meanwhile, the Bali administration has also asked tourism players to remain calm as the law has not changed. However, according to Ardana, the bills have affected tourism in Bali negatively, with cancellations made by inbound travellers this month.

He revealed that a number of ASITA Bali chapter’s 415 members have made cancellation reports. He said: “They (tourists) think that the bills have been passed into law and already imposed.”

Hasiyanna Ashadi, managing director of Marintur Indonesia and chairperson of ASITA Jakarta, said that the delay instead created feelings of uncertainty among travel trade players and foreign tourists. Her clients, who were mostly from Europe, had bombarded her with questions about the bills.

Like Ardana, Hasiyanna said that her members also reported inbound travellers cancelling their trips to Jakarta, Yogyakarta and Bali for the same reason. For her, the cancellations are a proof that the bills have made foreign tourists afraid.

ASITA Jakarta chapter has 1,480 members. She recalled: “Some of them complained that their guests who just landed in Singapore and planned to go to Indonesia in the next day made cancellations out of the blue after reading news reports about the bills. They then flew to Thailand.”

The bills, said Hasiyanna, have gone too far in interfering in what she deems are people’s private lives. She remarked: “We (travel companies) fight to promote Indonesia to attract more inbound tourists to come, but it turns out that there are many regulations that do not make sense here.”

According to her, most of the cancellations reported to her were made by Australian inbound travellers planning to visit Bali. The Australian Department of Foreign Affairs and Trade, meanwhile, advised its citizens to exercise a high degree of caution when visiting Indonesia.

The proposed bills also raised the eyebrows of Anita Utami, Jakarta branch sales manager of Dwi Tour, who foresaw that if the bills became law, it would decrease tourist arrival numbers, especially in Bali.

For her, those bills are not only confusing but also counterproductive with the government’s ambitious yearly target to attract 20 millions of foreign tourists to Indonesia.

Stressing the massive contributions of the tourism sector to the Indonesian economy, Jongki Adiyasa, executive director of Ina Leisure Tour & Travel, crosses fingers that the bills will not become law. If the law is strongly imposed, he believes that will deal a death blow to Indonesia tourism.

Cox & Kings’ IATA license terminated; Ebix acquires its business travel division

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The IATA has terminated the license to sell tickets for Cox & Kings and asked the debt-ridden Indian tour company to surrender its IATA ID card, the latest in a series of blows to the embattled Indian travel company, according to a Business Today report.

IATA’s suspension of its license follows the recent closure of its Australia and New Zealand offices, as well as Virtuoso’s confirmation last week that it has terminated its preferred partnerships with Cox & Kings in the US and Dubai.

IATA has terminated the licence of Cox & Kings to sell tickets and asked the Indian tour company to surrender its IATA ID card

Cox & Kings has “defaulted on multiple payments of commercial papers since June 2019”, Business Today reported, adding that the company has defaulted on payments worth Rs300 million (US$4.2 million) on September 20.

The cash-strapped Indian tour company has also signed an agreement with Ebix to transfer its business travel agreements in India to Mercury Travel, EbixCash’s corporate travel division. Each of the transferred corporate clients of Cox and Kings will now be serviced by EbixCash’s Mercury Travel division across the country.

Under the agreement, some key core employees of Cox and Kings will also be transferred to the EbixCash payroll with immediate effect. This transfer agreement is part of EbixCash’s efforts to double its revenue from last year, from the corporate travel sector by the end of this financial year.

Established in 1758, Cox & Kings is among the world’s oldest tour companies but has found itself mired in a US$500 million debt. Speculation is rife that the India-based company may soon face the same fate as Thomas Cook, which collapsed last week after 178 years in business.