The Tourism Authority of Thailand on Thursday hosted a group of more than 8,000 incentive visitors from India. The delegation is part of the authority’s goal of receiving at least 1.7 million Indian visitors this year, it said in a statement.
04.04.2024 - 14:35 / skift.com / Asia Pacific / Alan Watts / Zubin Saxena / Qantas Airways / Bulbul Dhawan
Malaysia Airlines has entered into a codeshare agreement with India’s largest airline IndiGo. The agreement would allow the airlines to provide the networks of both carriers to their respective customers.
In a statement, Datuk Captain Izham Ismail, group managing director, Malaysia Aviation Group, said that India is its largest international market. He added, “We are delighted to partner with IndiGo to widen our reach beyond the nine hubs we currently operate within India.” The Malaysian flag carrier currently operates 71 weekly flights to India.
IndiGo’s partnership agreements: IndiGo plans to double in size by 2030. As part of this plan, it is seeking to fly more international routes, and increase its codeshare partnerships. Malaysia Airlines is its latest codeshare partner. IndiGo has existing agreements with Australia-based Qantas Airways, Turkish Airways, Qatar Airways, KLM-AirFrance, American Airline, and British Airways, among others.
The Average Daily Rates (ADRs) of Indian hotels in February 2024 were 7-9% higher than those in February 2023. A report by hospitality advisory firm HVS ANAROCK revealed that as compared to January, the ADRs increased by 5-7%. The ADRs in February this year also surpassed the pre-Covid levels of February 2019 by 29-31%.
The Revenue Per Available Room (RevPAR) in February this year increased by 15-17% over January. It was also 24-26% higher than the pre-Covid levels. HVS ANAROCK report added that between January 1 and February 29 this year, 10 branded hotels opened while 43 were signed.
Hilton has announced the signing of Conrad Jaipur in Rajasthan. This is set to be the third Conrad property in the country, after Pune and Bengaluru.
The hotel brand is optimistic about India. Alan Watts, president, Asia Pacific, Hilton, said that the country is a priority market for the company. “Rajasthan in particular boasts 75% of India’s heritage properties, and its capital city of Jaipur has quickly established itself as a preferred destination for tourism and weddings,” he added.
Hilton believes that 2024 is going to be its best year in India so far. In an interview with Skift, Zubin Saxena, the newly appointed senior vice president and country head, India of Hilton, said that the company will double its footprint in India over the next three to four years. The company currently operates 26 hotels in India.
India’s newest regional airline FLY91 has partnered with aviation software solutions provider IBS Software. The airline is hoping to attract and retain customers through the software company’s simple and efficient reservation system. Accordingly, FLY91 will implement IBS Software’s iFly Res commerce platform, which will also deliver dynamic pricing capabilities.
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The Tourism Authority of Thailand on Thursday hosted a group of more than 8,000 incentive visitors from India. The delegation is part of the authority’s goal of receiving at least 1.7 million Indian visitors this year, it said in a statement.
Hyatt Hotels definitely has its eyes on India and the focus specifically is on domestic Indian leisure travelers. “The leisure travel market is primarily driven by Indians traveling within India and discovering the country,” said CEO Mark Hoplamazian during his recent visit to the country.
The Indian civil aviation ministry has advised domestic airlines to assess risks before flying on international routes as tensions in the Middle East are growing. The civil aviation regulatory body is working with the airlines and the ministry of external affairs to navigate the situation, civil aviation secretary Vumlunmang Vualnam has said.
The travel and tourism industry in India is projected to generate revenue of nearly $24 billion in 2024, according to industry promotions body India Brand Equity Foundation. At an estimated annual growth rate of 9.6% between 2024 and 2028, the industry is also expected to reach a market volume of $34.25 billion by 2028.
The domestic air passenger traffic in India during the 2023-24 financial year is estimated to stand at 154 million, according to credit rating agency ICRA. This figure surpasses the pre-Covid figure of 142 million domestic air passengers recorded in the 2019-20 financial year. The agency further stated that domestic air passenger traffic witnessed a 13% increase from last year.
“Ninety percent of the success of hotel companies is linked to two things – demography and emerging middle class,” Accor chairman and CEO Sébastien Bazin said at the recent hospitality conference, HICSA 2024. This is especially true for India, he said, which has accounted for 25% of the emerging middle class in the past 10 years.
United Airlines said it was canceling its service to Tel Aviv on Saturday, as reports came out that Iran was launching drones toward Israel.
Incentive trips are making a comeback, according to FCM Meetings & Events India. The corporate travel firm noted a 30% jump in requests for them in the first quarter from a year earlier.
Corporate travel in India is booming – spending surged nearly 25% in 2023. And online travel companies are ramping up their efforts to profit from it.
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Online travel agency MakeMyTrip has announced a new exclusive charter service between Mumbai and Bhutan. This service is a part of its holiday packages and the exclusive charter will depart once a week.
The Goa tourism department has partnered with the organizers of the Ironman 70.3 India race to promote sports tourism. According to Goa tourism director Suneel Anchipaka, the aim of the agreement is to promote Goa as the premier destination for sports tourism.