Sunday, January 16, 2011

Nepal Tourism Year 2011 : Success Factors

Nepal Tourism Year 2011 has officially begun. The inauguration was a thrilling one. The blacked out city was illuminated by the rockets and all the crackers of the ceremony.  The stadium was illuminated with all the lights and crackers. The sounds of the crackers and rockets boomed through the evening sky.  Yes, the NTY 2011 has been officially inaugurated. The expectations of the country, the tourism sector and the overall Nepalese has to be met on this year. After the grand success of Visit Nepal ’98, it took us a whole thirteen years to come to another tourism event for the country. There were various obstacles on these thirteen years, the political turmoil is the most important in the Nepalese history and will remain. Government of Nepal in consultation with Nepalese travel trade sector and concerned organizations/experts decided on October 25, 2008 to launch a national tourism campaign "Nepal Tourism Year 2011".


Kaligandaki with Nilgiri (courtesy www.panoramio.com)
Tourism plays an important role in the development of country. Tourism not only brings on the economic development to the country but also the new ideas. But it depends how we perceive those ideas and how we implement them in the practical field. Nepal is a very rich country in terms of natural and cultural tourism. We have abundant feasibilities for the tourism. We just need the ideas about how to get much from what we have. Tourism doesn’t run on itself, it needs various others partners to run properly. There should be a healthy condition to run the tourism sector.

Political Aspect


 
Mt. Everest


The most important point for the development of a country is the political stability of the country. None of the sectors of the nation or the economy is away from the politics. If the political situation is better then there will be the possibility and availability of the development. Above all, if the political situation is better, then the people will feel secured and safe thus enhancing the mobility of people. NTY 2011 has come up in the midst of the political turbulence of the nation. No one knows what will happen tomorrow. Each and every sector is influenced by the same. In the present day situation of absence of final complete constitution of the country, it is very much like an absence of responsibility of the lawmakers, it is under a pressurized situation. Nobody knows when will it be formed and what it will bring for the economic development. The responsible people are all working for their own motives and not the needs of the country. Let's hope it to be good at least for 2011. The budget formed recently has provided the heavy loaded price hikes for the people. Moreover the regular and unmanaged price hikes in petroleum products has affected the nation as a whole. If the price of the transportation means goes up, then it is absolute that the price of every thing goes up. This leads to the overall price hike in the economy. This will definitely affect the tourism sector leading to the increase in expenses for the tourists. That might affect the overall stay plan of the foreigners.

Machhapuchhre
 Natural Resources

Water Fall


Nepal is rich in natural resources. The flora and fauna are so rich and unique, but still we could not explore them all. The mountain ranges are suitable for all sorts of visitors. The adventure sports could be the important chapter in the tourism year. The tourists could find every type of adventurous places according to their needs. They don't have to follow the old tracks but they could also explore their own; the trekking routes, hiking routes, etc are getting bigger and bigger. The tourist could enjoy their stay at some exotic hotels or some indigenous villages. They could enjoy the city lives as well as the remote ones. They could stroll around the historic places and religious places. Though the foreigners come to Nepal to visit and spend their time but they still want to get themselves involved in some social activities. We have seen so many foreigners visiting and helping some needy people. Some has open up some NGOs to help children, old age people; some has opened up some schools.


Jatra at Kathmandu
Culture

Nepal's cultural aspects are of high values and the other people want to see them. Nepal is for every sort of religion, ethnicity and ideology. The people have various cultures and tradition. Within the same community we could see various systems and subsystems to guide the people. These cultural heritages could be of greater attraction for the visitors. They could sing along the Nepalese folk songs and dance along our Jatras and festivals. They could enjoy our religious festivals, though there are some boundaries. The cultural and religious heritages might be the places of interest for the foreigners. They might want to see them, learn them and feel them or at least they could pose a photograph in front of our heritages.

Adventure Sports

Rafting at Kali Gandaki
The adventure sporting tourists are also coming to Nepal for some adventure sports such as rock climbing, mountaineering, bungee, kayaking, rafting, etc. We do have feasibility but we are unable to exploit them all to get a better return. This is due to the fact that we don't have the knowledge and ideas to explore them. If we could arrange for the infrastructure, they will be successful. We should be able to encourage the visitors to do some new things, get some new experiences and new vibes. Recently, just in the dawn of NTY 2011, we have seen the obstacles at bungee. Lets hope such obstacles won't arise at least for a year. We all want our part from the investment we have done but it's of no use to get it all for ourselves. If we share it collectively then we could make it successful for all of us. There should be a proper coordination of how we earn and how we expend the income. We do have a lot to explore about the adventure sport in the country.
Promotion


Today is the day of communication and communication comes from sharing ideas. The best player for sharing ideas is the media. The media of any sort could be effective for the publicity of Nepal Tourism Year 2011 campaign. There should be efficient marketing strategy for the campaign to make it a successful one. The timing and flow of the advertising campaigns should be maintained properly otherwise the information could bear a negative result. The information related to the tourist spots should be provided to the tourists through various means. They could be transmitted through the television channels, magazines, brochures, newspapers, websites and all.  Each and every citizen is equally liable for the promotion of this mega event of the country. We are Nepali citizens and we all are equally responsible for the development of the country. Tourism will help to get our result at least a little. Let’s make it a successful one.

Setbacks


Bungee

The tourists should be provided with various facilities. I guess we are in a short of these all. We do have better resorts and hotels of various grades but they are not quite enough. We do have transportation facility but they are not in the proper condition. Even the only one international airport is not in a good condition. The roads are full of reconstruction patches. The traffic runs accordingly, without following the proper rules. The footpaths are more for the street shops rather than walk ways. The roads and street stay cramped up all the day with vehicles, and no body follows the traffic rules. On that point we all should be responsible and manage it accordingly.

A look back to Visit Nepal 1998

Tourism in Nepal contributes 3.5% to GDP and 15% of total foreign exchange earnings of the country. It also gave direct or indirect employment to 257,000 people in 1998. The average length of stay was 10.8 days and average expenditure/tourist/day was US$44.2 in 1998. According to a report, in the year 1998, we have the following number of visitors.
Total number of tourists visiting Nepal 463,684

 Total number of tourists visiting Pokhara 103,895
Total number of tourists visiting Chitwan 72,528
Total number of trekkers 112,644

Annapurna
65,587
Dolpa
322
Sagarmatha
22,826
Bardia
2,543
Langtang
10.952
Shuklaphata
121
Kanchenjunga
782
Khaptad
5
Upper Mustang
798
Kosi Tappu
318
Manaslu
756
Makalu Barun
876
Humla
538
Rara
142
Table 1. Trekkers details

Although the Ninth Plan had envisaged a growth rate of 10% in tourist arrivals and
20% for foreign exchange earnings, the progress reported in 1998 and 1999 indicate
that the target for 10% growth rate in tourist arrivals has almost been met, the target
for foreign exchange earnings has not been met. Analysis of data for first ten months
in 2000 shows that the number of Indian tourists visiting Nepal has declined by almost
a third compared to the same period in 1999 resulting in an overall drop of almost 13%
in the number of tourists. Such factors as the hijacking of Indian Airlines plane in
December 1999 and adverse publicity in the Indian newsmedia could have been
responsible for the large decrease in the number of Indian tourists. On the other hand,

the decrease in the number of tourists from third countries could be attributed to
adverse publicity due to Maoist activity in the international media and warning given by
many tourist-generating countries that parts of Nepal are not safe for tourists.
A Visit Nepal Year was celebrated in 1998 with mixed results. UNDP assisted
Partnership for Quality Tourism was implemented between 1995 and 1998. The sites
selected were Swayambhu and Changunarayan in Kathmandu valley and two villages,
Syabru Besi and Thulo Syabru in Langtang National Park. National Tourism Board
was also created as a follow up of Quality Tourist Project.
Prospects on Nepali Tourism
Courtesy : realadventures.com
Nepal is rich on every sectors required for the tourism development. We are very rich on natural resources, social and cultural factors and religious norms. We can focus on these various aspects of tourism and lead it for a sustainable development of the tourism sectors. The economic status of the country will be improved by the tourism sectors. Currently we are unable to manage what we have. We should be able to manage the available resources and avoid the by products. The waste management is the most important for the city basically Kathmandu. Whatever comes to the city goes out on the road as waste. If we could not manage the waste then the visitors will get a negative impact. They certainly won’t visit such a dirty city, and nobody does. The government and the related all the parties should focus on the conservation of reserve areas, flora and fauna, the rare animals and the beauties of the tourist spots. For the sustainable development of tourism sector the earnings from the tourism revenue should be implemented on those areas. We do not have such an implementation and if we have, they are not so enough. The tourism should not be taken as a one way concept, it is a multilateral concept. Each and every part of the country and each and every sector of the economy should participate on the tourism development. There should be a participatory movement for the sustainable development of the tourism. If tourism is to benefit people in the village level and gap between "haves" and "have nots" were to be reduced, there should be participation of the people of the touristy areas including villages who should have a say in development of tourism in their areas.
With the badge of adventure destination glittering and the adage “Atithi Devo Bhava” (Guests are Gods) embedded in our culture, the portfolio of tourism products never cease to mesmerize the visitors. The unparallel cultural, geographical, ethnic and bio diversities of the country allure visitors to Nepal time and again which truly substantiates the spirit of Nepal tourism brand ‘Naturally Nepal, once is not enough!’ Let’s promote “Nepal Tourism Year 2011”.

(Picture Courtesy : www.nepaltourismyear2011.com, realadventures.com, panoramio.com)

Monday, January 10, 2011

Are you ready for a Facebook Share?


Have you ever spent an hour just to have an IPO form filled up? I really feels like stuck in the middle of nowhere. Everybody coming from every sectors of society is on the line. The person who knows  about investment and also the person who knows nothing about the share investment, everyone is there. The result there will be multiples of oversubscription. This is what we have seen in these two or three years in the economic sector of the country. The country is borrowing from the other donor countries in the name of development and restoration of peace but we public are ready to invest billions of rupees on the share market, either IPO or the secondary market. Just imagine how much of them will get the share and the rest just a little interest for the invested amount. Thanks to Nepal Rastra Bank, who forced that law to provide the interest for the held up period.

Just imagine, what will be the situation if Facebook shares are here in the market? Try thinking. All right, the Facebook IPO is heating up the world economic news. What will happen to the Social Networking giant after it goes into IPO? How much will the CEO/founder Mark Zuckerberg earn if it goes public? Facebook need no introduction in the social networking news and for the finance, it sure does.

It is the current rule to go public or should disclose the regular financials, if the shareholder count  pass 500. When anything goes public then there comes the trouble. When it goes into IPO the current owner surely will get back their money in billions. Facebook has been valuated to be of $50 billion. Can you count the zeroes? Goldman Sachs has recently invested a $ 450 million and ready to invest another $ 1 billion on this giant. If it is investing in Facebook then it will gain in the huge amount. The Facebook  which started from a Harvard dorm room has now become the billion dollar baby with more than 500 million fans all around the globe. The finance of such a company is pretty awesome. With all those news of shutting it down, but still this giant is growing day by day. The people who knows internet, knows the Facebook.
On October 24, 2007, Microsoft announced that it had purchased a 1.6% share of Facebook for $240 million, giving Facebook a total implied value of around $15 billion. Microsoft's purchase included rights to place international ads on Facebook. In October 2008, Facebook announced that it would set up its international headquarters in Dublin, Ireland. In September 2009, Facebook said that it had turned cash flow positive for the first time. In November 2010, based on SecondMarket Inc., an exchange for shares of privately held companies, Facebook's value was $41 billion and it became the third-largest US Web Company after Google and Amazon.  Every big company is ready to invest on this website. This giant could be on the IPO during first quarter of 2012. Various reports have already shown that the wealth of the founder will be doubled up when it goes public. This company itself do not need money to run its site, management, maintenance and a group of around 2000 employees. It is the rule which needs it to go public.

From the day it came up live, till this date after seven years, the company is exploding up in everything, from the user counts to the asset, from the employees to the finances it hold up. The company did not get low with the competition from google orkut, yahoo, eBay, MySpace, etc., it just went on booming upward. The creator went on getting richer and richer. But the day has come up for this giant to go public like the Google, to be in the hands of the public. Let’s see how the public goes on with this giant. The question comes up again, will you get the same Facebook, ultra strong and ultra new, every time you hit the Login In button. Will it be your’s in some months? Will you be one of the owners of Facebook?