Tourism Breaking News
According to HVS, management contracts continue to be the most preferred form of brand signings, although Franchising is now steadily growing popularity. In 2019 almost 14% of the total brand signings were franchised compared to 10% in 2018. However managed properties accounted for 76% of the total brand signings in both 2019 and 2018.
Breaking News
- 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
- IHG Hotels & Resorts to double presence in India with 100 operating hotels in 5 years
- 60% of APEC Gen Zs and Millennials are actively subscribed to loyalty programmes: Marriott Bonvoy survey
- Palladium Hotel Group debuts in Middle East on Al Marjan Island with more than $100 million in investment
- IHCL opens 95-key Vivanta hotel in Jamshedpur, Jharkhand
- IndiGo set to enhance in-flight experience through continuous digitization
- Gen Z travellers prioritise financial planning, 73% book return tickets in advance for their first overseas trip
- Can a sunset view be certified? Corona India just did.
- EU introduces ‘Cascade’ visa system for Indians, offering two-year, multi-entry Schengen visas
