Hilton Picks Jaipur to Debut Waldorf Astoria in India

Ankit Gupta, the India CEO of hospitality technology platform Oyo, and Mandar Vaidya, the head of Oyo’s European operations, will both be moving on from the company.

The overall nights booked on Airbnb in India have grown by almost 70% in 2022 as compared to pre-pandemic levels while domestic nights grew by 110%.

Marriott, the leading hotel company in India, is set to introduce its 17th brand in the country — Moxy.

From today’s Daily Lodging Report newsletter: Nikkei Asia published an article on Hilton planning to expand its luxury offerings in Asia. Hilton will be bringing its Waldorf Astoria brand to Malaysia, Vietnam, India, and other countries for the first time as part of its plans to open 25 new luxury hotels in the Asia Pacific region over the next few years. That’s up from the 33 luxury hotels it currently runs in the Asia Pacific.

Clearly Vinod Kannan, the CEO of Vistara, may have had to field this question on the possible Vistara-Air India merger one too many times.

Tata Sons and Singapore Airlines have agreed to consolidate Air India and Vistara by March 2024.

Indian carrier Vistara reported its first-ever net profit for the quarter ending December 2022, according to statement from the airline on Monday.  

Having started as a mom-and-pop travel agency, EaseMyTrip today figures among the largest online travel agencies (OTA) in India with a market capitalization of $1.1 billion while being completely bootstrapped.

The Tatas will let go of Indian full-service carrier Vistara as they look to merge the airline with the more “internationally-recognized” Air India, Air India CEO Campbell Wilson said on Monday.

India is expected to overtake Germany to become the world’s third most powerful travel and tourism market by 2032, according to World Travel and Tourism Council’s Economic Impact Research.

India could rank among the top three markets for outbound travel in the coming years, according to Omri Morgenshtern, CEO of online travel platform Agoda said while speaking to media in India during his recent visit to the country. Indian travellers are increasingly becoming more important to many countries and will become second to China in terms of spending in Asia, he said. An earlier Skift article had reported how the time is ripe for India — which already ticks most of the boxes as a suitable candidate to take over from China as the largest travel source market — to enter the dragon’s space. In India, online travel booking is growing at a faster pace after the pandemic in comparison to other global markets, outpacing the Asia Pacific market, said Morgenshtern. The total transaction value in travel almost hit pre-Covid levels in 2022. “Since 2019, the rank of importance of Indian tourists for Thailand for example has risen from 10th to 6th. I expect it to become more important in the coming years, not only to Thailand but to many countries in APAC,” he added. Morgenshtern also sees a lot of potential for inbound tourism in India. While India’s inbound is growing slower than outbound travel, he believes it is going to see fast growth in the coming years.

Taking note of the massive delay in processing visas, the U.S. is taking steps to reduce wait times for Indians. The U.S. Consulate in Mumbai has brought in consular officers from around the world to help out with visa operations. “All hands on deck to reduce visa wait times! Our incredible team of consular officers have temporarily left their regular duties around the world, from the State Department in DC to the U.S. Consulate Naha, to help out with visa operations in Mumbai,” the consulate in Mumbai tweeted. Reducing visa delays has been a priority for the U.S. consulates in India as wait times for visitor visas are still around 614 days. The U.S. Embassy in India processed over 100,000 visa applications in January 2023, their highest total in a single month and the highest in any month since July 2019, according to media reports.