Tourism Breaking News
IATA, in its quarterly air transport chartbook for 2nd Quarter 2023, reported that the global airline industry is expected to generate a net profit of USD9.8 billion in 2023, with a modest 1.2% net profit margin. This translates to an expected profit of USD2.25 per passenger.
Breaking News
- 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
- 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
