According to a CII survey, the foreign exchange earned by Keralas tourism industry increased by 20 per cent with the inflow of tourists going up by 15 to 20 per cent in October 2005-March 2006.
The inflow of tourists to Kerala is expected to grow by nearly 25 per cent while the industry revenue is set to increase by 15 to 20 per cent during April-September this year, thanks to a growing corporate demand and growth of Ayurvedic tourism, says the CII.
According to a CII survey, the foreign exchange earned by Keralas tourism industry increased by 20 per cent with the inflow of tourists going up by 15 to 20 per cent in October 2005-March 2006. The occupancy rate in hotels and resorts had shown a moderate increase and the profit margins increased substantially by raising the tariffs in hotels and resorts.
The CII survey covered the performance of the top five sectors of the Southern Region states during October 2005 to March 2006 and provided an outlook for the first six months of the fiscal year 2006-07 and identified their issues and concerns.
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