Articles tagged “india”

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Cox & Kings to Sell Businesses to Raise Much-Needed Cash

Cox & Kings to Sell Businesses to Raise Much-Needed Cash

Patrick Whyte, Skift

With the hostel market still so fragmented, the Meininger business would make an attractive option for one of its rivals or perhaps a private equity firm.

4 months ago

Discount Carrier Wizz Air Hopes to Expand Its Network to India and Dubai

Discount Carrier Wizz Air Hopes to Expand Its Network to India and Dubai

Christopher Jasper, Bloomberg

The transatlantic low-cost, long-haul business model has plenty of skeptics, but Wizz Air's recent order of 20 A321 XLR aircrafts could bring a slew of new Europe-to-Asia routes that show the business model has life in it yet.

4 months ago

Severe Water Crisis in Indian City Chennai Cripples Hospitality Sector

Severe Water Crisis in Indian City Chennai Cripples Hospitality Sector

Shuriah Niazi, Skift

A water shortage of epic proportions in Chennai, capital of Tamil Nadu, the second most visited state in India by foreign tourists, serves as a reminder to the global hotel industry to ask if it’s doing enough to conserve water.

4 months ago

India’s SpiceJet Receives Investment Offers

India’s SpiceJet Receives Investment Offers

Anurag Kotoky, Bloomberg

With the Indian aviation market continuing to grow and SpiceJet as one of the strongest players, it makes sense for outside investors to show an interest.

5 months ago

Booking Site Ixigo’s Rail-First Strategy Propels Growth in India

Booking Site Ixigo’s Rail-First Strategy Propels Growth in India

Sean O'Neill, Skift

An exclusive first look at Ixigo's fiscal year financials reveals that the travel price-comparison startup is growing rapidly. Its story suggests how business models that originated in Western markets sometimes need to adapt to local needs to succeed in emerging markets.

5 months ago

Amazon Collects Fees From Cleartrip in New India Flights Offering

Amazon Collects Fees From Cleartrip in New India Flights Offering

Dennis Schaal, Skift

Amazon's deal with Cleartrip using Amazon Pay for India domestic flights could be a forerunner of similar moves in other emerging markets where payment systems are being disrupted. This time around in travel, Amazon has decided to partner rather than build its own offering — a very reasonable way to get back into the game.

5 months ago

IndiGo Co-Founder Distances Himself From Control Question

IndiGo Co-Founder Distances Himself From Control Question

Pratik Parija, Bloomberg

Hmmm. This statement looks designed to quell the current speculation but it sounds like there are problems behind the scenes.

5 months ago

Amazon Confirms Flight-Booking Launch as Part of a Superapp Strategy

Amazon Confirms Flight-Booking Launch as Part of a Superapp Strategy

Dennis Schaal, Skift

Amazon wants to be a superapp, the mobile tool of choice to book flights, buy books, and make payments. In travel, flights are only the beginning.

5 months ago

Skift Analysis: Amazon’s Travel Strategy Comes Into Focus

Skift Analysis: Amazon’s Travel Strategy Comes Into Focus

Seth Borko and Dennis Schaal, Skift

The same rules that apply to run-of-the-mill travel sellers do not necessarily apply to Amazon. While cash back on flights in India may seem loss-generating and unsustainable, for Amazon it could be a winning strategy.

5 months ago

IndiGo Founders Feud May Stall Airline’s Growth

IndiGo Founders Feud May Stall Airline’s Growth

Anurag Kotoky, Bloomberg

The last thing India's airline sector needs right now, after the collapse of Jet Airways, is a wobbling strategy by its market leader, IndiGo. Let's hope this founders feud is a tempest in a teapot that passes quickly.

5 months ago

MakeMyTrip Aims to Weather Indian Air Market Turmoil Through Diversification

MakeMyTrip Aims to Weather Indian Air Market Turmoil Through Diversification

Sean O'Neill, Skift

MakeMyTrip Group has impressively diversified enough that it forecasts only a minor hit to revenue during the coming year due to the collapse of Jet Airways, a major carrier in India. No wonder Ctrip decided last month to become the company's largest shareholder.

5 months ago

India’s Low-Cost IndiGo Sets Its Long-Haul Sights on Europe

India’s Low-Cost IndiGo Sets Its Long-Haul Sights on Europe

Anurag Kotoky , Bloomberg

Despite the well-documented challenges, airline bosses won't give up on the low-cost, long-haul dream. Will IndiGo be able to pull it off?

5 months ago