Saudi Arabian low-cost carrier Flynas has hired Goldman Sachs Group, Morgan Stanley and Saudi Fransi Capital for a potential initial public offering on the Saudi Exchange (Tadawul), according to a Bloomberg report.
Saudi Arabian low-cost carrier Flynas has hired Goldman Sachs Group, Morgan Stanley and Saudi Fransi Capital for a potential initial public offering on the Saudi Exchange (Tadawul), according to a Bloomberg report.
Ebix Inc, the financial technology firm and parent company of EbixCash in India, has filed for bankruptcy in a North Texas court and the impact on operations in India remains uncertain.
Indian low-cost carrier SpiceJet on Tuesday officially confirmed its intent to bid for Go First, which filed for bankruptcy in May this year.
Nepal will be hosting its inaugural LGBTQ+ tourism conference next month with the goal of establishing the country as an inclusive and welcoming destination for sexual minorities.
The outbound travel recovery in China is stuck at just over half of 2019 levels, but there’s at least one promising sign of future demand: Domestic tourism is 90% above 2019 levels.
Good morning from Skift. It’s Thursday, December 14. Here’s what you need to know about the business of travel today.
Sri Lanka has finally announced its plans to roll out its global tourism marketing campaign urging tourists “You’ll Come Back For More,” marking the first such campaign since 2007.
In the latest episode of the Skift India Travel Podcast, Abhilasha Negi and Akash Dahiya, co-founders of travel fintech firm Sankash, talk to Skift Asia Editor Peden Doma Bhutia about how the unprecedented boom in leisure travel after the easing of restrictions imposed during the pandemic have led to the rise of Travel Now Pay Later offerings. Sankash has been working with online travel agencies like EaseMyTrip and Musafir to offer flexible payment options to Indian travelers. The travel fintech firm also offers Sail Now Pay Later options for cruises.
In a strategic move to jumpstart its tourism sector, China has declared temporary exemption from visa requirements for citizens from France, Germany, Italy, the Netherlands, Spain and Malaysia.
Imagine stepping into a world where the future of travel unfolds before your eyes, where CEOs and leaders meet to understand the larger context in which travel operates and the innovations needed to drive the industry ahead.
Good morning from Skift. It’s Wednesday, November 22. Here’s what you need to know about the business of travel today.
In a significant rebound fueled by heightened summer travel demand, China’s Trip.com Group posted a net revenue of RMB 13.7 billion ($1.9 billion) in the third quarter, marking a 99% increase over 2022 and 31% increase from 2019 levels.
The stage is set for the grand finale of the Cricket World Cup, where two cricketing giants — India and Australia — are poised to clash this Sunday in a battle that promises to be nothing short of monumental.
As India’s outbound travel market gears up to reach $45 billion by 2032, there is a growing focus on high-spending travelers coming from the country.
Excitement is building as we draw closer to Skift India Summit, set to take place in Delhi next year on March 19-20. For the inaugural event, we’ve curated an exceptional lineup of speakers who promise to offer valuable insights and expertise in the travel industry.
The Tourism Authority of Thailand unveiled a new marketing campaign “Meaningful Relationship” at the World Travel Market event in London on Monday.
In the latest episode of the Skift India Travel Podcast, Krishna Rathi, country director of Agoda in India, in conversation with Skift Asia Editor Peden Doma Bhutia, talks about the online travel company’s growing focus on India. Agoda launched its first-ever television commercial in India last week. Echoing Agoda CEO Omri Morgenshtern’s thoughts, Rathi notes that there’s a strong alignment between Agoda’s core values and the Indian market.
Before the pandemic, Trip.com Group offered an “Around the World” package that was priced at a staggering $250,000. It was an instant sensation, and sold out in a mere 17 seconds.
While metropolises like New Delhi and Mumbai continue to be on the travel list, leisure destinations like Udaipur, Puri, Goa, Jaipur and Munnar are some of the top searched domestic destinations during the festive season (between November 10-14), according to Booking.com.
In this episode of the Skift India Travel Podcast, Dhruv Shringi, CEO and co-founder of Yatra.com, in conversation with Skift’s Peden Doma Bhutia, talks about timing the India IPO launch in September and how Yatra is looking at the booming travel market in the country. Delving into the integration of technology into Yatra’s services, Shringi shares about going beyond the standard booking functionality and how subscription programs like Yatra Prime play a pivotal role in enhancing customer satisfaction.
Indian travelers prioritize value when choosing holiday destinations, with choices significantly influenced by flight costs and attraction expenses. But they will also book business class or first class tickets.
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