Booking.com is looking at India for its growing outbound potential and spending power, even as it adapts to the last-minute booking behavior of these travelers.
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.
Mumbai hotels' performance in January shows that the hotel industry continues to gain from events. One trend to watch: The big drop in new hotel signings across India.
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.
TBO Tek is expanding aggressively post its IPO in a bid to dominate the B2B travel space. In order to stop resources from being overworked, it is experimenting with AI and technology to make operations more efficient.
If Airbnb co-hosting really takes off, it is going to take away properties from property management companies of all sizes. But the pool of potential properties to manage is large and growing.