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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...

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

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 largest intercity bus...

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RBI Data: Significant Credit Growth in Travel, Hospitality, and Restaurant Sectors

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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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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Home Away From Home or Hotel Comfort? Indian Travelers Choose the Latter

By Varuni Khosla. New Delhi: Travellers from tier-I cities are not only spending more on leisure trips but also travelling more compared with their counterparts in tier-II and -III cities,...

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Cleartrip resurrects Flipkart’s ‘kidults’

By Alokananda Chakraborty, Flipkart-owned Cleartrip hopes to replicate that success with the new campaign that kicks off on Monday. The “kidults” you spotted in Flipkart ads at a time when...

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Nasdaq-listed Yatra’s IPO opens on Sept 15

By Forum Gandhi, Price band fixed at ₹135-142. Yatra, a Nasdaq-listed company, intends to launch its initial public offering (IPO) in India. According to the company’s CEO, Dhruv Shringi, the...

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