India’s foreign exchange earnings through tourism in 2023 was INR 2.3 trillion ($27.5 billion), according to the government’s latest Economic Survey for 2023-24 – a 66% gain over 2022.
India’s foreign exchange earnings through tourism in 2023 was INR 2.3 trillion ($27.5 billion), according to the government’s latest Economic Survey for 2023-24 – a 66% gain over 2022.
One of the simple pleasures of traveling is checking into a hotel room and being greeted by miniature bottles of shampoo, conditioner, and body wash from luxurious brands that you’d never splurge on for yourself.
Paytm started as a financial services company in India, but is now diversifying its revenue streams, with a special focus on travel. The fintech company often refers to itself as an online travel agency and is looking at travel as a core business segment.
Real estate billionaire Vladislav Doronin has built a hospitality empire beloved by celebrities and the ultrawealthy.
Using a digitized standards management platform, property’s brand integrity is maintained through centralized management of guidelines, which are easily followed, property wide.
In May 2024, the travel industry reached 103, marking a 3% rise over last year, according the latest Skift Travel Health Index: May 2024 Highlights. This highlights a transition from the post-pandemic recovery phase to moderate and sustainable growth levels in 2024.
A recent BCD Travel survey found that 60% of travel buyers said their company reduced its travel budget in the past few years, and 96% introduced cost control policies. But none of that has stopped the rebound in business travel.
The Indian hotels industry signed a total of 146 branded hotels between January and May this year. This was up from 110 branded hotels signed during the same period last year. More than 14,000 keys are now under development, a monthly report by hospitality advisory services firm HVS Anarock showed.
In February, the Indian government had allocated INR 24.5 billion ($293 million) to the tourism sector as part of the interim budget, a slight increase from the prior year’s initial allocation of INR 24 billion ($290 million). But the Union Budget also reduced the global promotion allocation by a staggering 97% to just INR 30 million ($361,000).
The western state of Rajasthan has signed an agreement with the Federation of Hospitality and Tourism of Rajasthan (FHTR) to develop tourism in the state. Tourism is a key source of revenue for the state.
We’ve written a lot about India’s rising middle class – and how they’re set to keep spending more on travel. But now we’re hearing more about India’s high net worth travelers in a new report from Marriott International.
The coastal state of Goa has asked for public views, objections, and suggestions on the draft of the Goa Tourism Promotion and Management Bill, 2024. The bill aims to look at various aspects of tourism in the state, including illegal activities, job creation, and impact on the state’s economy.
Marriott International has debuted a new booking platform to help small and mid-sized companies book business travel.
As a Disney World annual passholder, I've been lucky enough to stay at every hotel on the property.
Between January and May 2024, India has emerged as the second-largest international source market – not including Canada and Mexico – for tourism in the U.S., according to data released by the U.S. National Travel and Tourism Office (NTTO).
In a possible reversal of fortune, San Francisco’s hotel sector appears to be experiencing a resurgence, helped by the city’s burgeoning AI industry. But the city’s downtown faces an uphill battle for a full tourism recovery.
Ennismore, the fast-growing lifestyle hospitality company that’s an Accor joint venture, said Thursday it had entered into a strategic partnership to run and market as part of its family of brands the experiential luxury hotel brand Our Habitas.
Few things are more tedious for the business traveler than itemizing weeks worth of client dinners, drinks with vendors and rushed breakfasts.
India’s National Stock Exchange has launched the Nifty India Tourism Index to capture the performance of travel and tourism companies within the Nifty 500 Index. The index is used by investors to manage their investment portfolios and serve as a benchmark for different purposes, including tracking expected returns of certain segments.
Budget airline IndiGo continued to hold the top position in the domestic aviation market with a 61.6% market share in May, up from 60.6% in April. Air India was a distant second at 13.7%, and Vistara followed with a 9.2% share, Directorate General of Civil Aviation data showed.
Low-cost carrier Akasa Air is on its path to profitability and will be expanding its international network, Indian news agency PTI said quoting Aditya Ghosh, the airline’s co-founder.
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