Saudi tourism push comes as boost for Cleartrip, Taj Hotels

Indian travel and hotel brands, including Cleartrip.com and Taj Hotels, are expanding their operations in West Asia, a region whose countries are focusing on tourism, among other areas, to reduce dependence on crude oil.

The latest to woo foreign travellers is Saudi Arabia, whose government announced an e visa-scheme last month. "We see the easing of visa regulations as a significant growth driver for inbound traffic to Saudi Arabia. According to recent figures published by their foreign ministry, 24,000 tourists visited Saudi Arabia in the first 10 days after introduction of tourist visas. We see this figure increasing in times to come," said Amit Taneja, chief business officer (international markets) at Cleartrip. The online portal established a presence in West Asia during 2012. The region now accounts for around half its consolidated revenue. Cleartrip acquired Saudi travel firm Flyin last July and provides bilingual onground support services and itineraries for inbound tourists.

Indian Hotels Company (IHCL) and East India Hotels, which own the Taj and Oberoi chains, respectively, operate properties in Dubai. Elsewhere, they have other properties under development.

"The Middle East is a significant market for us, demonstrated by our presence in the region with Taj Dubai since 2015," said IHCL'S executive vice-president (real estate and development), Suma Venkatesh.