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Kenya tourism considering bond issue to fund activities

The Kenya Tourism Trust Fund is apparently considering the launch of a dedicated tourism bond to raise funding for their planned activities across the country as the EU-funded tourism support program

Tourism Bureau sets up bailout for travel agencies

The Tourism Bureau announced earlier this week that it was planning to provide loans to struggling travel agencies that have been hit hard by the economic downturn.

Kenya Tourism Trust Fund gives a Ksh 12.6 million grant

The Tourism Trust Fund has given a grant of Ksh 12.6 million ($195,956.45 USD) to support the country’s ongoing efforts to mainstream tourism activities and diversify product offering on the coastal beach front.The projects funded include Mombasa Boat Owners Association product enhancement and Pedal Boat Riding Services, both at the Jomo Kenyatta Public Beach in Mombasa.

Ravi Deol joins India Hospitality Corp.

India Hospitality Corp. (IHC) today announced that Mr. Ravi Deol, a name synonymous with the successful development of organized retail in India, has joined with the company as part of a major initiative to rapidly grow its hotels and food services businesses.

PATA launches rebuilding fund for Myanmar and China

Saddened by the tragedy unfolding in Myanmar due to Cyclone Nargis and the Earthquake in Sichuan, China, PATA Foundation launched the PATA Foundation Rebuilding Fund on May 15.

Tourists to tramp the Light Horse trail

The Israeli Government will help fund the development of a 60-kilometre Anzac Trail to commemorate Australia's First World War veterans.The trail will enable Australian tourists to follow in the footsteps of the Anzac soldiers who fought across then-British-occupied Palestine from 1915 to 1917.