Travel And Tourism Industry News
After the Maha Kumbh, Holi, Eid long weekends keep India’s travel boom going
From luxury getaways to drive-to retreats, demand remains strong—but will the momentum last beyond the festive season?
5 min read13 Mar 2025Brand USA’s New Initiatives Aim to Boost Indian Tourism to the U.S. Amid Growing Demand and Key Upcoming Events
Fred Dixon, CEO of Brand USA, emphasizes India’s growing middle class and its potential for US tourism. He outlines strategies to attract Indian travelers and highlights the impact of major global events, alongside the importance of technology in enhancing the travel experience.
12 min read26 Jan 2025₹2.35 to ₹706: Multibagger penny stock turns ₹1 lakh into ₹3 crore in 5 years
Multibagger penny stock: Praveg, known for its eco-friendly luxury accommodations, experienced a remarkable stock increase of 29,814% over five years. With new projects and a focus on sustainable tourism, it is set to enhance its presence in the hospitality market.
3 min read24 Jan 2025MakeMyTrip sees steady 24% revenue growth as travel demand strengthens
The online travel agency achieved a 24% revenue boost in Q3, totalling $267.4 million, with significant growth in air ticketing and bus segments. Net profit also increased to $27.1 million.
3 min read23 Jan 2025Maha Kumbh Mela a godsend for travel industry as spiritual tourism takes wing
Hotel bookings in Prayagraj have increased nearly 10-fold from last year, while flight bookings to the city are up 65%, with tickets costing twice as much as last year on average.
4 min read16 Jan 2025Hotels, travel companies expect domestic tourism to surge in hill stations this winter
They are optimistic that domestic travellers will flock to places such as Gulmarg, Auli and Pahalgam in the first three months of 2025 thanks to improved connectivity, better infrastructure, and more snow than last year.
4 min read3 Jan 2025India’s drought of foreign tourist arrivals: Is there an end in sight?
Popular Indian destinations remain short of foreign tourists even as other countries bustle with post-pandemic globetrotters. About half the arrivals from abroad are NRIs or foreign citizens of Indian origin, many of them on visits to see family.
4 min read12 Dec 2024South Africa, yet to reach pre-Covid levels, targets 1.5 million Indian tourists by 2030 with better visa facilities
Current Indian visitor numbers remain below pre-pandemic levels, highlighting the need for better travel facilitation.
2 min read3 Dec 2024Booking.com surpasses ‘biggest competitor’ in alternative accommodation with strong growth in 13 of past 14 quarters
Booking Holdings, the parent company of Booking.com and Agoda.com, said its alternative accommodation sector outpaces competitors like Airbnb. With over 3.9 million properties, the company is not only expanding its offerings but also enhancing traveller experiences through innovative technology.
1 min read20 Nov 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared