Etrav Tech Ltd., headquartered in Mumbai, has recently secured a significant investment of $3.9 Mn (INR 33 Cr) in its second round of funding, led by EaseMyTrip. This strategic infusion of capital, spearheaded by EaseMyTrip, marks a pivotal moment for Etrav Tech, setting the stage for exponential growth and innovation. Specializing in providing comprehensive travel … Read more
Virgin Atlantic cancelled its Delhi-London flight on Thursday and British Airways will also pull out a few India-London flights from its summer schedule following Heathrow airport’s decision to limit the number of passengers to one lakh a day. Other airlines that operate India-London flights could follow suit, an aviation industry source said. The limits on … Read more
By Jitendra Mohan Bhardwaj While The travel and tourism industry was one of the worst-hit sectors in the Covid-19 years, it has begun to pick up at a faster-than-expected pace because of several factors. Even at the peak of the pandemic in 2020, though, the travel and tourism industry’s contribution to the GDP was $121.9 … Read more
The government has been supportive, but it should be more proactive in providing interest-free loans, more subsidies, tax cuts, technology advancements, and a measure to increase domestic travel. By Pranav Dangi The pandemic’s onset and subsequent series of lockdowns adversely impacted the entire world, and the hospitality industry was at the forefront of disruption. In … Read more
“Pent-up travel demand continues to be strong despite high occupancy and rates/air fares, and our domestic demand is even higher than pre-pandemic levels,” shares Madhavan Menon, managing director of Thomas Cook India group. Just when we thought we are seeing the end of the pandemic, news of the Omicron variant has put the world back … Read more
Roop Partap Choudhary By Roop Partap Choudhary As industries are in the process of rebooting to the new normal after being hit by the pandemic, the hospitality industry which was one of the worst hit industries is also getting back to operations. After the unprecedented and unimaginable scenario created by the pandemic, the Indian hospitality … Read more
The travel and tourism industry is definitely witnessing a pickup in demand in air travel bookings and this will further increase during the time of Dussehra and Diwali holidays when families and friends would like to reunite with their loved ones during the festive season. Also, as more flyers become mindful of the safety compromises … Read more
The desire to travel is high, and this is showing up with an increase in the number of flight bookings which have started creeping back to near normal figures. By Pradeep Chamaria, COVID-19 has been an over-extended nightmare for the Travel Industry. The industry saw lockdown based fast-paced shifts in travel trends, bookings of hotels, … Read more
In 2019, about 10.93 million tourists visited India, their average daily stay for a foreign tourist clocked is 21 days and the average daily spending is pegged at $34. Image: Rajasthan Tourism/ Twitter Planning to travel soon but not sure whether to step out or not? Major travel and tourism related announcements from Finance Minister … Read more
Rohit Kapoor, CEO – India & South Asia, OYO Indian Union Budget 2021-22: Economic recovery on track! The country’s tourism and hospitality industry had pinned great expectations on Budget 2021. While no specific relief or proposals have been immediately announced, there are several reasons to look at the futuristic impact that can definitely boost the … Read more