What’s in a name? For Oyo, now Prism, apparently quite a bit. But investors will look past the rebrand for proof the company is more than a startup in new clothes, and that its profits are built to last.
The July 2025 Skift Travel Health Index shows the global travel industry remains resilient with a 1% growth. A key trend is the sustained strength of premium and business travel, which continues to grow and drive revenue despite broader economic uncertainties.
Alaska Airlines is making a big bet on international and premium travel as it looks to launch more routes to Europe and introduce new business class suites.
Travel disruptions due to unforeseen events may have led to fewer bookings among Indians, but they are making up for it by spending more for the premium experience of travel.
The global airline sector is in a growth phase, with annual revenue on pace to reach $1 trillion, driven by strong leisure demand and the significant rebound of business travel.
According to Vikram Oberoi, it’s time Indian hotels stopped selling themselves short. He’s betting that Indian guests are ready to pay more, especially for top-tier stays.