Maldives' decision to introduce RuPay cards in the country in partnership with India may or may not lead to an uptick in Indian tourists. But it could boost its tourism earnings.
Two back-to-back hotel deals in Bengaluru point towards a high investor interest. Behind this interest lie several factors that are making the city's hotel market lucrative.
Sure, Saudi’s aiming for a hefty 150 million tourists, but they’re also looking to attract those high-value travelers while working to double tourism’s slice of the GDP pie by 2030. The real test? Seeing if all these efforts actually cash in (quite literally!) over the next few years.
The new initiative aims to harness India's coastline and growing domestic demand for cruise tourism. However, operational challenges, including infrastructure and taxes, need to be addressed.
2024 marks a new era for the travel industry. Skift Research's State of Travel report gives insights on current travel trends, consumer behavior, and different travel sectors.
The new travel credit card by MakeMyTrip and ICICI Bank taps into the growing credit cards segment in India. However, its success will depend on its ability to distinguish itself in a rapidly growing market.