Tourism Breaking News
According to Hotel Market Review H1 2019 by Horwath HTL and STR, the city of Chandigarh generated good corporate and MICE demand during the first half of this year (H1 2019). The report also suggests that Mumbai grew rates across all segments; Delhi was somewhat modest and Kolkata struggled with new supply and a slow Q2-19. The all-India results are positive with 4.2% RevPAR growth.
Breaking News
- After Colombo, ITC Hotels plans to open more properties overseas and 70 hotels in India: Sanjiv Puri
- Passenger traffic growth to continue its momentum in FY2025, rise more than 10% to over 415 million
- India to take 5th place in outbound travel spend and become 3rd largest domestic market by 2027: Bernstein report
- IHCL to relaunch Gateway brand with 15 hotels in tier II & III cities, starting with Bekal and Nashik: Puneet Chhatwal
- India, targeting a 30% market share by FY2032, needs approx additional 60 widebody aircraft: CAPA
- Join a webinar about Eurail passes and learn to book passholder fares with Rail Europe on 30 April at 3pm
- HRAWI proposes to set up bureau to promote Maha as an enticing destination for M!CE events
- UPTCL Indo Jaya Cup, held in Lucknow, will offer opportunities to expand tourism business in UP
- India’s outbound potential and opportunity in transfer traffic via Indian hubs, makes it an exciting long-haul market: CAPA India
- Vistara allows agents to use specific TMC credit cards, more banks to be added to list on TAAI’s request: Jay Bhatia, VP, TAAI
- No active pipeline of hotel development in Delhi to meet increasing demand of incoming air passengers
