KTDC records Rs 63.55-lakh profit

By James Paul | 13 Mar 2002

1

Kochi: The Kerala Tourism Development Corporation (KTDC) has recorded a profit of Rs 63.55 lakh in 2001-02 and the maiden dividend of the corporation will be announced next year, Kerala Tourism Minister K V Thomas said.

Inaugurating KTDCs new online hotel reservation system, which enables exposure of all premium KTDC hotel properties to more than 5 lakh travel agencies spread over 120 countries, Thomas lauded KTDC as a profit-making public sector unit (PSU) that has become a role model to other players in the industry as well as to other PSUs.

The high-speed online reservation system has been introduced in association with Resnet, a networking company of ICICI. Apart from the international agencies, 4,000 travel agents located across 46 Indian cities are also linked directly to KTDC through this system. The corporation has also placed all its prime properties in the global distribution system (GDS), providing easy access to international travel agents.

Releasing the new logo of the corporation on the occasion, KTDC chairperson Padmaja Venugopal said despite the prevailing slump in the industry, the corporation has been registering consistently satisfactory bookings this year. Tea County (Munnar), Bolgatty Palace (Kochi), Waterscapes (Kumarakom), Lake Palace and Aranya Nivas (Thekkady) and Hotel Samudra witnessed a near-full reservation round the year.

Tourism secretary T Balakrishnan, KTDC managing director K Elangovan and representatives of the travel and tourism industry attended the function.




Business History Videos

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more