KTDC plans new developmental activities for revenue generation

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Trivandrum: The Kerala Tourism Development Corporation (KTDC) has unveiled their plans for new developmental activities for revenue generation. This was announced by Vijayan Thomas, Chairman of KTDC, while interacting with the media in Thiruvananthapuram.

Giving details, the Chairman said, “We have planned about ten new developmental initiatives including setting up a Tourism Village in Idukki, a Budget hotel at Munnar, new hotels at Kalpetta & Kozhikode and an international food festival representing 50 countries to be organised in 2015 at Kochi. A new marriage hall with a capacity of 500 persons is planned at Nandanam Hotel in Guruvayoor.”

KTDC has reported an increase in their revenue in the first quarter of this financial year. “We have recorded a revenue of Rs. 25 crore during the first quarter this year (April – June) as compared to last year when KTDC recorded a revenue of Rs. 19 crore during the first quarter,” said Vijayan.

KTDC plans to set up a tourism village in Idukki in association with the District Tourism Promotion Council (DTPC). This will be based on PPP model. Around 110 acres of land for the Rs. 1,000-crore project will be given by DTPC.

The renovation of several KTDC hotels is going on in full swing. The 37 keys resort at Thannermukkom is due for opening in August after renovation. Renovation work of Chaitram hotel at Thiruvananthapuram, Aranya Nivas at Idukki and Periyar House at Thekkady is also in progress. The Corporation plans to renovate Tamarind Easy Hotel and Motels soon.

The Chairman also added that the Mascot Hotel in Trivandrum would undergo renovations soon, after long 12 years. The renovations are carried out within the budget provisions.

The international food festival is planned at Bolgatty Palace in Kochi by August -September next year. It would be an opportunity to showcase Kerala’s own products.

Ali Asgar Pasha, Managing Director of KTDC said, “We have identified the weak units of KTDC across the State and have taken initiatives to renovate them. Loss-making units have come down to nine from the earlier 20.”

Started in 1965 with just four hotels, KTDC is now the biggest public sector undertaking in India in the hospitality sector with more than 70 business units and having a turnover of over Rs.100 crores.

Anil Philip
Kerala Biz News

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