India's largest airline has introduced a distance-dependent fuel surcharge and other airlines are expected to follow suit. Doubt that will have much effect on India's consistently growing aviation sector.
The global air travel demand is within sight of a full recovery but, with many corporate travelers still not back, will we see another plateau this fall?
While the Hotelviate report does highlight the surge witnessed in India's organized hotel sector, it also approaches the future with cautious optimism. It serves as a reminder that the exceptional developments witnessed in 2022-23 were unprecedented.
Ticket pricing data appears to be a commodity in itself, as tech upgrades potentially limit access to fare availability — with travel agents complaining it impacts their ability to do their job effectively and leads to higher fares for consumers.
After a decline for more than two years, business travel seems to be gaining traction. But can it sustain the momentum in the face of global recession and growing inflation?