The Indian aviation sector is adding more airports across the country, and airlines are investing in upgrading and expanding their fleets. A consistent growth in domestic air passenger traffic is crucial to their return on investments, especially as international airlines are eyeing this growing consumer base.
New York City has only approved a couple of thousand host registrations, and all for reservations where the host is present during the stay. That's great news for neighborhoods sick of house parties and illegal hotels, and dour news for tourists and short-term rental platforms.
Short-term rental regulations in New York City have harmed some businesses, but here's an example of a startup whose founders said the rules have helped.
For years, China has been the gift that kept on giving to global tourism, sending millions of its citizens to explore, shop and snap selfies worldwide. Now, it's telling global travelers, "Your turn!" And if visa hassles are a deal-breaker, the country knows that removing them can only sweeten the deal.
Minor, with 540 hotels, aims to solidify its position as a major player. Expect it to expand its portfolio by 200 hotels by 2026, possibly through some M&A.