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MakeMyTrip Goes Global: Expands Reach from 3 Countries to 150

Having ticked the regulatory compliance boxes, MakeMyTrip is now ready to make its big international debut, with the spotlight shining on the Indian diaspora. - Peden Doma Bhutia Indian online travel...

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Foreign tourist arrivals surge by 64% in 2023: MoT data

India’s inbound tourism sector is experiencing a significant rebound, with foreign tourist arrivals (FTAs) in 2023 surging 64 per cent compared with 2022. This translates to 92,36,108 visitors between January and December...

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Multifold uptick in premium economy and business class seats selection

BY FORUM GANDHI Indian travellers are driving demand for premium air travel, witnessing substantial growth with a 2x increase in premium economy and 3x surge in business class selections Indian travellers...

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Hospitality sector in comfort zone

BY FORUM GANDHI Industry makes landmark recovery aided by surge in travel after the pandemic. The first full year of business after the Covid-19 pandemic was a landmark one for India’s...

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Travel companies witness an uptick in winter inbound travel

BY FORUM GANDHI Ixigo witnessed a 62 per cent surge in bookings and searches ompared with the previous year, while EaseMyTrip and Cleartrip witnessed increases of 30 per cent and 22...

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Rails to Riches: Rail OTA leader ixigo now wants a piece of everything

By Raghav Mahobe A contrarian bet on India’s passenger rail segment a decade ago has seen ixigo grow to rule the rail OTA roost. Having also emerged as the second...

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Travel, hospitality, restaurant industries witness uptick of 11.7% in credit deployment in Oct: RBI data-Business Journal

In October, the tourism, restaurant, and resort industries in India witnessed a exceptional 11.7 per cent year-on-year surge in credit deployment, reaching ₹76,413 crore from the earlier yr’s ₹68,396 crore,...

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Phocuswright Conf. Roundup: Tech Investment Slows

By Michael B. Baker Global funding of travel technology companies has slowed to its weakest level in nearly a decade, though mergers and acquisitions in the broader travel space have...

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Mergers and acquisitions in tourism, the boom after Covid

By Andrea Barbieri Carones A report edited by a French investment bank and an Indian consultancy firm aims to monitor the performance of the M&A (merger and acquisition) sector among...

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TRAVEL M&A ACTIVITY HEATS UP IN POST-PANDEMIC ERA

By LINDA FOX Merger and acquisition activity in travel has been picking up post pandemic with more than 400 deals transacted between 2022 and the third quarter of 2023, according...

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