India's aviation space is bustling with increasing number of regional airlines, aided by government's support. But in a change of pace, a defunct regional airline is now returning as a full-fledged national carrier to meet the growing demand.
Even as India's hospitality space is thriving, not all companies are looking at rapid expansion. Roseate Hotels and Resorts is focusing on smaller properties that offer exclusive experiences to drive profitability.
Accor is running ads for its loyalty program that star footballer Kylian Mbappé. The goal is to drive more direct bookings. The backstory is that online travel agencies are incredibly convenient for consumers and incredibly expensive for hotel companies like Accor.
The boom in the Indian hotel industry is now over, changing into a more normalized growth. This is an indicator of a maturing hospitality sector in the country as it signals the end of abnormal travel trends.
India’s booming aviation sector is set to get a major lift from two secondary airports in Delhi and Mumbai. While the projects signal India’s evolution into a global transit hub, smart pricing will be crucial to drive traffic.
IHG’s confidence in domestic U.S. travel and bullish outlook on China suggest it’s more focused on geographic diversification than short-term headwinds. Its message: the turbulence is real, but not enough to stop the long-haul growth.
Meliá's ability to stay profitable while expanding is notable. CEO Gabriel Escarrer tells Skift he's turning the group into a global resort operator, not just a Mediterranean one.