Disney's Ambitions, India’s Boom and Timeshares' Retreat

Indian online travel agency Yatra.com reported a 5% quarterly revenue decline Tuesday, a drop CEO Dhruv Shringi attributed to intensifying price competition in the consumer business.

In this episode of the Skift India Travel Podcast, Asia Editor Peden Doma Bhutia sits down with Mahesh Iyer, managing director and CEO of Thomas Cook India, to explore how the company is strategically adapting to the evolving preferences of Indian travelers. The discussion delves into the shifting dynamics of India’s travel landscape and how Thomas Cook is positioning itself to meet these new demands.

Southeast Asian online hotel management and booking platform RedDoorz has its sights set on IPO – but it has a lot of steps to clear first.  

Duane Brown jets off to international destinations seven or eight times a year.

Hilton has partnered with Indian actor Sidharth Malhotra to extend its global marketing platform, ‘Hilton. For The Stay’ in the Indian market. The campaign would be driven with new initiatives and investments tailored to India, the company said in a statement. 

India’s tourism industry is undergoing a significant transformation. The Federation of Indian Chambers of Commerce and Industry (FICCI) projects the outbound travel market to reach $55.4 billion by 2034. At the core of this boom is India’s expanding middle class, driving both domestic and international travel as disposable incomes rise.

You don’t hear about Central Florida very often, and when you do, chances are it has something to do with Walt Disney World. But just over an hour north of the famed resort complex is the mid-sized city of Ocala, a destination bursting with superlatives, including “America’s largest spring” and “horse capital of the world.”

Hospitality company Oyo, once a beacon of India’s startup ecosystem, has seen its valuation drop from a peak of $10 billion in 2019 to $2.4 billion in its latest funding round.

The coastal Thai city of Pattaya is embarking on an ambitious rebranding effort, aiming to distance itself from its associations with sex tourism and illegal gambling into a destination that appeals to families, while also positioning itself as Thailand’s first casino city.

It was eight in the morning, and the prickly July humidity had already seeped through my skin as I hopped out of the cab in Singapore’s Little India. Greeted by the bustle of vendors setting up, I was transported back to my childhood, to days spent wandering the neighborhood with my grandmother. The aroma of fresh coriander from vibrant spice stalls spurred memories of her tangy coconut prawn curry. The musky fragrance of jasmine adorning colorful flower stalls reminded me of how she’d woven them into my braids. She never would again.

Wynn Resorts has just closed a deal to buy another 70 acres of land on Ras Al Khaimah’s Marjan Island, giving the operator a total of 155 acres and ownership of a quarter of the entire island. Wynn is already developing a $3.9 billion resort in the emirate.

InterContinental Hotels Group (IHG) reported earnings Tuesday, and said it isn’t seeing signs of demand weakness outside of China.