Emerging catalyst for Tourism. KERALA STATE CO-OPERATIVE TOURISM FEDERATION LIMITED Shri.C.N.Balakrishnan Hon’ble Minister for Co-operation Government.

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Presentation transcript:

Emerging catalyst for Tourism

KERALA STATE CO-OPERATIVE TOURISM FEDERATION LIMITED Shri.C.N.Balakrishnan Hon’ble Minister for Co-operation Government of Kerala Shri. A.P.Anilkumar Hon’ble Minister for Tourism Government of Kerala Shri. Oommen Chandy Hon’ble Chief Minister Government of Kerala

TOURFED - an apex body of Tourism Co-operative Societies under Co-operation Department having state wide operation. TOURFED established its name in the tourism sector within a short span.  Professionally managed organization  Profitably running organization  Focus on Tourism Infra Development, Tour and Travel Services  USP : ‘Low Cost, Value for Money’

INVEST AND RELAX by OBJECTIVE  To attract investment in Tourism Sector  The investor can invest in any of the Tourism Products in the State which will be managed by TOURFED in the absence of the investor in a transparent way by executing an agreement

INVEST AND RELAX by INVESTMENT OPPORTUNITIES  Setting up of Budget Hotels / Resorts in Tourist Destinations and major cities  Setting up of Traditional Ayurveda Treatment Centres  Wayside – amenities for Travellers  House Boats  Luxury Coaches, Tempo Travellers and Cabs  Restaurants

INVEST AND RELAX by  Invest in ‘Wayside’, promoted and marketed by TOURFED throughout the State  Objective is to provide basic and standard amenities to travelers throughout the state  Minimum 40 cents of land is required on the National highway side or state highways  Facilities to be arranged are: cafeteria, snacks, water, toilets, parking space, rest place, communication facilities and rooms for stay, children’s park etc., according to the investor’s financial interest

INVEST AND RELAX by ROLE OF TOURFED (Budget Hotels and Resorts)  TOURFED will find out land appropriate for setting up of budget hotels in the State  The project will be developed by TOURFED from site development to entire finishing work till handing over of keys to the investor  TOURFED shall enter into an agreement with the investor for managing the property  A portion of profit is to be shared between TOURFED and the Investor for the management of the property entirely by TOURFED  The NRKs can individually or jointly invest in the property  Transparent dealing in the management of the property  Tourfed will explore all the possibilities in promoting and marketing the property domestically as well as internationally  Since TOURFED plan to have a chain of budget hotels in the State, a common name called ‘PRAVASI’ INN or any other suitable name can be given  Part investment by NRKs is also invited i.e., joint venture by TOURFED and NRKs

INVEST AND RELAX by ROLE OF TOURFED (Traditional Ayurveda Centres)  Tourfed will find out land appropriate for setting up of traditional ayurveda centres in the State  The ayurveda centre will be built by TOURFED from site development to entire finishing work till handing over of keys to the investor  TOURFED shall enter into an agreement with the investor for managing the property  A portion of profit is to be shared between TOURFED and the Investor for the management of the property entirely by TOURFED The NRKs can individually or jointly invest in the property  Transparent dealing in the management of the property  TOURFED will explore all the possibilities in promoting and marketing the property domestically as well as internationally

INVEST AND RELAX by ROLE OF TOURFED (House Boats/Cabs etc.)  NRKs can either individually or jointly invest in the above products and hand over to TOURFED for management under an agreement  TOURFED will deploy experienced hands to manage the products  A portion of the profit will be shared between the investor and TOURFED  Transparent dealing in the management of the products (daily reports, weekly reports and monthly reports can be shown)  The investor can anytime cancel the agreement with a prior notice if not satisfied with the services rendered by TOURFED

THANK YOU