tourist development corporation

The Tourism Development Corporation of The Bahamas

Expanding Tourism, Sharing Its Benefits!

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The Tourism Development Corporation will be the benchmark for providing support to tourism entrepreneurs strengthening their economic viability and growing the Bahamian Economy .

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We strive to meet the standards in relations to how we look, how we act and how we serve. We demonstrate confidence, knowledge, and resourcefulness.

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We uphold the utmost confidentiality in handling the affairs of our clients, taking responsibility for our actions, and always adhering to the established standards and code of conduct.

We aim to meet the needs of our clients by being accessible, informed, and transparent with all affairs pertaining to their enterprise.

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We strive to remain motivated on our projects and clients because we believe in the work that we do and we empathize with the challenges of the entrepreneurs.

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Corporation’s ‘lifeline’ for tourism businesses

As of Friday, June 24, 2022

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Ian Ferguson

Throughout the Caribbean and in the many parts of the world where tourism reigns, tourism development organisations and agencies have reshaped the template for visitor experiences. The Bahamas’ own Tourism Development Corporation, in similar fashion, is poised to redefine how we deliver goods and services to the tens of millions of tourists who visit our shores annually.

Last week I was pleased to join more than 100 public sector, private sector, civil society and international agency representatives at the Tourism Development Corporation’s relaunch and stakeholder meeting. The resounding theme of Tourism is Everyone’s Business reminds us that strategic partnerships are vital to the success of this and every endeavour. The job of sustaining a strong and economically viable industry cannot be left in the hands of any one organisation. Every hand and head must be fully engaged for success to be achieved.

The Tourism Development Corporation has been relaunched with four critical priorities.

Product Development

• Strategising new ways to enhance, rejuvenate and diversify the tourism product

Business Development

• Widening entrepreneurship opportunities and strengthening existing Tourism small and medium-sized enterprises (SMEs)

Linkage Creation

• The strategic pairing of tourism support industries to reduce leakage and increase economic viability

Sector Engagement

• Encouraging collaboration within and across tourism sectors

Each of these areas provides focuse that will guide our projects and discussions. For the purpose of this week’s column, I wish to highlight just three of the Tourism Development Corporation’s overarching and far-reaching goals. They are:

Reducing Economic Leakage

Increased tourism arrivals mean nothing if we cannot increase their spending through the meaningful engagement and purchase of local products. Simply put, we want the tourism dollar to remain in The Bahamas.

Guide access to funding opportunities

The only hurdle often preventing the realisation of entrepreneurial dreams is access to capital. Local and international lending and grant funding agencies are ready to assist when they understand the support organisations such as the Tourism Development Corporation can provide to those SMEs seeking funding.

Ongoing technical consultancy support.

Through certification programmes such as Hospitality Assured, the business analysts and administrators at the Tourism Development Corporation will hold the hand of SMEs requiring a wide range of business assistance. The Tourism Development Corporation has pledged to be the lifeline that Bahamian entrepreneurs need to compete on the global stage.

• NB: Ian R Ferguson is a talent management and organisational development consultant, having completed graduate studies with regional and international universities. He has served organsations, both locally and globally, providing relevant solutions to their business growth and development issues. He may be contacted at [email protected].

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The Center for Responsible Travel (CREST) is a globally recognized nonprofit organization dedicated to transforming the way the world travels. Based in Washington, DC but with an international scope, CREST provides solutions, resources, and support to governments, policymakers, tourism businesses, and nonprofit organizations to confront tourism’s most pressing issues.

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Vision: A world where travel benefits communities and the environment. Mission: To be a center of tourism knowledge, empowerment, and action for destination communities.

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Originally known as the Center for Ecotourism and Sustainable Development (CESD), CREST was established in 2003 as a bi-coastal institute, with offices at Stanford University and in Washington, DC. It was co-founded by Dr. William (Bill) Durham, a highly respected Stanford Professor of Anthropology and a MacArthur “genius” fellow, and Dr. Martha Honey, an author and internationally recognized authority on responsible travel who has been named one of world’s top 10 eco-travel “watchdogs” by Conde Nast Traveler.

Founded in the wake of the UN’s International Year of Ecotourism , CREST initially focused on the role of small-scale ecotourism in empowering communities and conserving precious resources. Over time, our work has evolved to consider how all tourism can be more responsibly planned, developed, and managed across all sectors and geographies. Through innovative field projects, research, consultancies, and advocacy, CREST is taking action to address our world’s key threats to securing a sustainable future.

Our Strategic Plan

In 2022, in preparation of our 20th anniversary, we asked ourselves “Who are We” and “Where are we Going”. After months of work to define the direction of CREST, we developed a new strategic plan in large part by reflecting on our past. At the heart of CREST’s identity is the word ‘center’, defined by Webster as a point, area, person, or thing that is most important or pivotal in relation to an indicated activity, interest, or condition. As we embark on the implementation of this strategic plan, we will hold steadfast to our belief in CREST as a center: A center of ideas, empowerment, innovation, and progress for travel & tourism.

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Trending articles, tourist development council (tdc), commissioner lamar fisher, camasha cevieux miramar cultural center, commissioner melissa p. dunn city of lauderhill, seth fellman the morlin group, andreas ioannou orchestra hotels + resorts, mayor josh levy city of hollywood, ramola motwani merrimac ventures, tim petrillo the restaurant people, mayor dean trantalis city of fort lauderdale.

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Our Mission

Marketing Malaysia as a destination of excellence and to make the tourism industry a major contributor to the socio-economic development of the nation.

Our Objectives

• Promote Malaysia as an outstanding tourist destination.
• Showcase Malaysia's unique wonders, attractions and cultures.
• Enhance Malaysia's share market for meetings, incentives, conventions and exhibitions (MICE).
• Increase Malaysia's tourism revenue by increasing tourist numbers to Malaysia and extend their length of stay.
• Encourage tourism and its related industries in Malaysia.
• Help develop domestic tourism and promote new investments in the country, as well as provide increased employment opportunities. The growth of tourism would also contribute positively to the country's economic development and quality of life.

Our History

The Tourist Development Corporation of Malaysia (TDC) was established on 10 August 1972 as an agency under the former Ministry of Trade and Industry by an Act of Parliament.

With the inception of the Ministry of Culture, Arts and Tourism on 20 May 1987, TDC was moved to this new ministry; and became the Malaysia Tourism Promotion Board (MTPB) through the Malaysia Tourism Promotion Board Act 1992. Popularly known as Tourism Malaysia, its full focus is on promoting Malaysia domestically and internationally.

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The Palm Beach County Tourist Development Council and the Convention and Visitors Bureau have commissioned tourism research in Palm Beach County since FY 1995/96. Older reports can be obtained from the Tourism Development Council at 561-233-3130.  The Tourist Development Council is no longer collecting tourism research data after 3rd Quarter 2009.  The Convention and Visitors Bureau is doing tourist research; they can be reached at 561-233-3000. 

* ​conducted by Americans for the Arts to document the economic impact of the nonprofit arts and culture industry in 156 communities and regions. 

** View the archived reports from 3rd Quarter 2009 and earlier  on this page . **

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India Tourism Development Corporation (ITDC)

ITDC came into existence in October 1966 and has been the prime mover in the progressive development, promotion and expansion of tourism in the country. Broadly, the main objectives of the Corporation are:

• To construct, take over and manage existing hotels and market hotels, Beach Resorts, Travellers’ Lodges/Restaurants;
• To provide transport, entertainment, shopping and conventional services;
• To produce, distribute, tourist publicity material;
• To render consultancy-cum-managerial services in India and abroad;
• To carry on the business as Full-Fledged Money Changers (FFMC), restricted money changers etc;
• To provide innovating, dependable and value for money solutions to the needs of tourism development and engineering industry including providing consultancy and project implementation.

The authorized capital of the Corporation is Rs 75 Crore and the paid up capital as on 31.3.2005 was Rs 67.52 Crore. 89.9748% of the paid up equity capital of the Corporation is held in the name of President of India.

The Corporation is running hotels, restaurants at various places for tourists, besides providing transport facilities. In addition, the Corporation is engaged in production, distribution and sale of tourist publicity literature and providing entertainment and duty free shopping facilities to the tourists. The Corporation has diversified into new avenues/innovative services like Full-Fledged Money Changer (FFMC) services, engineering related consultancy services etc. The Ashok Institute of Hospitality & Tourism Management of the Corporation imparts training and education in the field of tourism and hospitality.

Presently, ITDC has a network of eight Ashok Group of Hotels, six Joint Venture Hotels, 2 Restaurants (including one Airport Restaurant), 12 Transport Units, one Tourist Service Station, 37 Duty Free Shops at International as well as Domestic Customs Airports, one Tax Free outlet and two Sound & Light Shows.

Besides, ITDC is also managing a hotel at Bharatpur and a restaurant at Kosi on behalf of the Department of Tourism. In addition, it is also managing catering services at Western Court, Vigyan Bhawan, Hyderabad House and National Media Press Centre at Shastri Bhawan, New Delhi.

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