Tourism Breaking News
India’s upscale hotel market is set for steady expansion, with room supply expected to grow 5–6% annually until FY2028, according to ICRA. However, demand is projected to rise faster at 8–10%, driving occupancy to 72–74% and average room rates to ₹8,200–8,500 by FY2026. The sustained demand-supply gap is expected to boost pricing and profitability.
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Breaking News
- Baywatch Travels ‘Best in Tourism Customisation’, felicitated at ITA 2025
- EaseMyTrip sees 2025 as ‘Year of Synergies’ for Indian travel industry, urges youth to join tourism
- Andhra to unveil tourism policy promoting investment and inclusivity
- Beginning December, Air India Express to fly Abu Dhabi from Delhi, Pune
- Strong hotel demand to outpace hotel room supply through FY2028: ICRA
- Travel Mudra wins ‘Fastest Growing Visa Services in India’ award at ITA
- ‘Being just a ticketing agent isn’t enough, travellers expect customised & seamless experiences’
- Akasa Air to announce Sharjah operations soon; evaluating multiple new international routes
- Shaikha Al Nowais to be first woman to lead UN Tourism as Secretary-General
- Hospitality eyes record year-end; rise in weddings, MICE, leisure bookings: Pittie
- Paytm’s AI-powered ‘Checkin’ travel app to offer zero convenience fees