Articles tagged “india outbound”

As India's outbound tourism increases, Singapore is looking to increase its share. However, it has now trained its eyes on high-yield travelers as well with its new focused partnership.

India’s luxury hospitality boom presents huge global potential. In this talk, the CEOs of Global Hotel Alliance and The Leela Palaces explain why hotels must deliver hyper-personalized, immersive experiences and leverage strategic alliances to build lasting loyalty and cut costly dependence on OTAs.

As Ibis India is on its way to meet its initial pipeline target, it is reluctant to move away from its micro markets-focused strategy. The fact that it does not require large land parcels for hotels lends further edge for expansion in land-strapped metros and Tier-1 markets.

Cricket and Edmund Hillary may no longer be the only forces uniting India and New Zealand. A direct flight could significantly boost tourism between the two countries, with New Zealand smartly promoting off-season travel in India.

GoStops' successful Series A funding is an indicator of investor confidence in the growing popularity of alternative accommodations. As young Indians with focus on budget and unique experiences take over the travel scene in the country, GoStops has the potential to gain, provided it can keep up with rising competition.

With big competitors like Movenpick and Hampton by Hilton resorts, IHCL has clearly tried to set itself apart by going the branded apartment route.

While Indian carriers have a strong hold in the Indian market, Singapore-based low-cost carrier Scoot is counting on its robust network primarily in the Southeast Asian market and Indians' love for unique experiences to drive growth.

Indian travelers are exploring diverse tourism experiences. They are also willing to spend more on international trips even as they continue to look for budget accommodations.

As travel demand grows, Indian airlines have a golden opportunity to increase revenues. However, high fuel prices, lease liabilities, and depreciating Indian Rupee are leading to unfavorable financials for the industry.

Nishant Pitti stepping down as the CEO was seen as a setback to EaseMyTrip, especially as he is also undertaking personal ventures, such as bidding for the revival of GoFirst.