Travel And Tourism Industry News

Industry

After Thailand and Vietnam, Cambodia comes calling for Indian tourists; bets on short-haul direct flights to spur demand

Following the surge in Indian tourists flying to Thailand and Vietnam after the launch of direct flights between them and India, Cambodia has also launched direct flights to the country, indicating the growing interest among Southeast Asian countries to court Indian holidaymakers

5 min read24 Jun 2024
Industry

Mint Primer: More rights for foreign airlines: who will fly high?

Bilateral rights are granted under air service agreements between two countries. They are a set of commercial aviation rights granting an airline the right to enter another country’s airspace.

2 min read14 Jun 2024
News

Travel firms, hotels see a demand surge on pilgrimage circuit

Pilgrimage travel in India is thriving with a surge in demand for destinations like Ayodhya, Varanasi, and Char Dham circuit. Thomas Cook reports a 100% increase in bookings, while Sarovar Hotels sees significant revenue contribution from religious locations like Badrinath, Haridwar, and Tirupati.

5 min read26 May 2024
Economy

Spurned by Schengen, Indians are being swayed this summer by the lure of liberal visas

Outbound tourism from India is rebounding with a surge in bookings to destinations such as Thailand, Sri Lanka, and Malaysia that offer easy visa procedures

3 min read12 May 2024
Companies

Why Adani needs another $1 billion

Gautam Adani-led conglomerate in talks with top global investors to raise $750 million to $1 billion via overseas bonds to fund airports growth plans and ramp up solar panel manufacturing business

4 min read29 Apr 2024
Industry

Soaring ambitions: Ropeway firms swing to action to transform travel, tourism

A ₹1.25 trillion plan is set to elevate India’s tourism and urban transit, as ropeway companies gear up to revolutionize connectivity across scenic and urban landscapes

4 min read26 Apr 2024
Industry

From Baku to Batumi, Indian traveller hits the unexplored trail

Many Indians, looking for a short trip or a quick ski holiday for their upcoming summer break, are choosing to go to these places instead of enduring a long wait for a Schengen visa for Europe

5 min read9 Apr 2024
News

The hot new hotel room perk: a Murphy bed

Hideaway wall beds improve their image but still have their ups and downs

4 min read9 Apr 2024
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News

Indian travellers outpace global peers in spontaneous travel craze — 84% go solo, 58% pick impromptu trips: Amex

A whopping 84% of Indians are gearing up for solo adventures this year, a staggering 18 percentage points higher than their global counterparts at 66%. Moreover, a remarkable 58% of Indian travellers expressed enthusiasm for impromptu getaways, underscoring their penchant for spontaneity in travel

1 min read18 Mar 2024
Insurance

Preponing your return air ticket? Here’s when you can get a full refund from the airline

Experts suggested that in the case of a medical emergency, a traveller is required to submit all the proofs to get a refund

2 min read14 Mar 2024
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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

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