OYO has announced its entry into the long-term fully managed housing rentals – OYO Living, geared to provide upgraded living experiences at an affordable price for India’s growing population. Perfectly suited for the changing housing needs of India, OYO Living will offer a first-of-its-kind, end to end managed and high-quality living experience that eliminates the hassles of finding, accessing and managing everyday housing. These accommodations are easy to find and easier to live in, where all OYO Living residents can experience the benefits of shared spaces while enjoying financial independence. With this, OYO aims to become the leading brand in the long-term housing rental and accommodations business and the biggest provider of housing in India. At the time of launch, OYO Living will have 35+ live properties, with over 2000 beds in Noida, Gurgaon, Bangalore and Pune, targeted at millennials and young professionals. With most assets currently operating already resulting at full occupancy, OYO Living will aim to expand to the top 10 metros by the end of 2019 and will offer over 50,000 beds. Commenting on the launch, Ritesh Agarwal, CEO & Founder, OYO Hotels & Homes, said, “OYO Living represents our ongoing commitment to continue innovating and creating world-class stay experiences from India. With the launch of OYO Living, we are all set to offer something new while remaining true to our core mission of creating beautiful living spaces. This launch marks a key milestone as we embark on our journey towards becoming India’s biggest provider of housing, consolidating our position as a category innovator and leader.” Piloted in mid-2018, OYO Living offers residents fully managed independent residential units, inclusive of contracting, furnishing, cleaning, maintenance, and in-stay services.

Singapore Changi Airport has announced the launch of its 16th city link to India with the introduction of a new non-stop service between Guwahati and Singapore, operated by Drukair Royal Bhutan Airlines. This new route marks the first direct connection between Northeast India and Singapore. The introduction of this new service is expected to reduce travel time for almost 10 hours, including transfers to 4 hours 30 minutes. Drukair commenced twice weekly flights from Guwahati to Singapore from September 29. The new link is expected to strengthen not only cultural and socio-political ties between the countries but also facilitate opportunities to enhance travel and trade practices. Lim Ching Kiat, Managing Director—Air Hub Development, Changi Airport Group said, “We are pleased to launch the first non-stop service between Northeast India and Singapore with our valued partner Drukair. India is the third largest tourism source market for Singapore and one of Changi Airport’s key growth markets. This new route further enhances connectivity between Singapore and India, bringing the city links to a total of 16. We look forward to welcoming more travellers from Guwahati, who can tap Changi’s extensive network to destinations in Asia such as Australia, China, Indonesia and Japan.” India is Changi’s sixth largest market, registering more than 4.5 million passenger movements in the past 12 months, growing at 14 per cent year-on-year. Last month, IndiGo launched daily services from Kolkata and Tiruchirapalli, operating the airline’s first services from the two cities to Singapore.

Edwin UK concludes with the B2B networking event which included the northern England suppliers and the Indian Travel Trade from tier II and III cities. The event was successful with over 900 meetings. As they all were the owners/decision makers of the company, it was an eye opener session for the suppliers who met the Indian trade and understood more about the Indian market travel needs and food habits. Throughout the event, all the partners made sure the itinerary was designed as per the needs of the Indian clientele. Commenting on the occasion, Harmandeep Singh Anand, Managing Director, Global Panorama Showcase and Edwin, said, “We are happy with the outcome. Our target was met and it was achieved in a very short span of time. It was an elite programme and the partners VisitBritain, Marketing Manchester, Oman Air – Airline Partner and Trawelltag were all in full support of the event. We concluded with over 900 meetings today during B2B session.”

WTTC’s Power and Performance ranking has placed India at the third spot when it comes to domestic spending, after China and USA respectively. The report revealed that the absolute growth of domestic spending was 2.6 times higher than that of visitor exports over the seven years to 2017. At the global level, domestic spending has grown on average by 4 per cent per year between 2011 and 2017. Over half of the absolute growth in domestic Travel & Tourism spending over the past seven years has come from China alone. In well-established international tourism markets such as Spain, Turkey and UAE, the share of domestic spending has fallen over the years from 2011-17. Iraq and Rwanda took the top two spots in performance rankings for domestic tourism spending across the seven years. Domestic spending is the money spent by residents of a country for both business and leisure trips that take place in that country. Nearly three-quarters of all Travel & Tourism spending (72.3 per cent) is from domestic tourists. While money from domestic tourism is not new money to a country, its use in terms of informing residents of countries’ natural and cultural attributes and engendering a source of pride is essential for social harmony. Domestic tourism is also important in spreading visitor spending to shoulder and off-season months and in dispersing visitors to less internationally-promoted regions and attractions.

With the growth of the hospitality sector in India, hoteliers are making big investments in the sector for future. According to a report titled Hospitality Insights from the Indian CEO-desk, Tier I cities, primarily Mumbai and Delhi, continue to be the most preferred locations for expansion. However, more than one-third of the respondents did indicate a willingness to invest in Tier II towns to capitalise on the growth of domestic travel. Although most players are not looking for international locations actively, some (especially the larger Indian chains) are open to expanding internationally, provided there is opportunity available.

Jumeirah Hotels and Resorts recently conducted roadshows in Bengaluru, Mumbai and Delhi to strengthen the brand’s ties with the Indian travel-trade fraternity. The roadshow was held to further strengthen their relations with the trade and also to introduce the newly-opened properties by the brand – Zabeel House by Jumeirah. Around 18 Jumeirah properties participated in the roadshow, which was attended by over 140 agents in each city. The India market has witnessed a considerable rise in outbound luxury travel in recent years. The group is focusing on expanding and consolidating their ties with the luxury travel segment to reach out to a larger audience and gain a higher market share. The road show serves as a platform to increase brand awareness and gain new consumers. The event was a huge success as the guests were entertained with an hour of stand-up comedy by popular comedian Atul Khatri.

IndiGo has announced a daily non-stop flight between Hong Kong and Bengaluru effective December 11, 2018. As part of its international expansion, the airline also operates daily non-stop flights between India and Colombo, Kuwait, Abu Dhabi, Kuala Lumpur, Male and Phuket. The new flights are designed to cater to business and leisure travellers from these cities, who are constantly on the lookout for new and affordable flying options. Customers who would like to plan their travel can book tickets through www.goindigo.in. William Boulter, Chief Commercial Officer, IndiGo, said, “We are delighted to announce Hong Kong as the 15th destination in our international portfolio. One of the world’s biggest financial hubs, Hong Kong constitutes a strategic market for us. Hong Kong also caters to all kinds of travellers, be it family or a group of friends, and we see huge tourism potential in future from India.”

Sabre Corporation has announced a renewed, full content distribution agreement with Jet Airways effective April 2019. Sabre’s extended agreement with Jet Airways provides Sabre-connected agents across India and the world a path to access the full content of Jet Airways into year 2024. With over 100 million passengers choosing Indian carriers for their travel since the beginning of the year and domestic air travel growing by 21.2 per cent over the same period, in less than 10 years the World Travel & Tourism Council expects India to become the world’s fourth-largest travel and tourism economy behind China, the United States and Germany. Rakesh Narayanan, Vice President, Air Line of Business, Sabre Travel Network Asia Pacific, said, “As a long-term technology partner to Jet Airways, providing the airline with unmatched solutions that enable superior passenger services, Sabre is well positioned to support the carrier’s growth objectives. Today, we are pleased to provide Jet Airways with the ability to share their content through Sabre’s leading global travel marketplace, which will in turn contribute to their ongoing business success.”

The Travel Agents Federation of India (TAFI) has elected their new Managing Committee for 2018-20 term. Praveen Chugh from Business Travels has been chosen as the President unopposed. Pradip Lulla from Cupid Travels & Tours is the new Vice President, Aditi Bhende from Aarohan Tours & Travel is the new National General Secretary, while Jayesh Tharani, Hopco Travels, has been elected as the new treasurer. All the new office bearers and managing committee members have been elected unopposed. The Returning Officer for the election was Ashish Gupta – Founder, Strategy Pluto & Consulting and CEO, FAITH. The Managing Committee members include A Basheer Ahmed, Chennai Metro Travels; Rajat Bagaria, Shrishti Tours & Travels; Urvashi D Mohan, Delfly Travels; Bharat Shah, Sunbeams Travels, Baroda and TeddyM Thomas, Oasis Xpress Travel & Tours. Zakkir Ahmed, Trust Travel & Tours, remain part of the MC as immediate Vice President. The MC further appointed Rajat Bagaria as Joint Secretary and Teddy Thomas as Joint Treasurer. The MC also selected four members representing different regions of the Association— Abbas Moiz, Shoiz International Travel Services, Mumbai; Hitank Shah, Alka Airlink, Ahmedabad; S H Mohideen, Aero Travel Services, Chennai and Vijay Gupta, Golden Phoenix Travels, New Delhi.

ITB Asia 2018 has begun with over 1,000 exhibitors and buyers each, under the theme “Travel Reimagined” at the the Sands Expo and Convention Centre in Marina Bay Sands, Singapore. Compared to 2017, the show has seen a 20 per cent increase in new exhibitors following the growth in demand from Asian and European participants. ITB Asia 2018 has also experienced more than 125 per cent growth in the number of hotel groups signing up as part of the Buyers Programme Partners. At the three-day conference concluding on October 19, top industry leaders will deliver insights on the key trends provoking disruption across the travel industry and how brands are innovating to stay competitive. Commenting on the event, Katrina Leung, Managing Director, Messe Berlin (Singapore) -Organiser, ITB Asia, said, “ITB Asia continues to maintain its position as the leading travel trade show in Asia. It remains one of the top business platforms for connecting exhibitors and partners with key decision makers in the MiCE, corporate and leisure travel industry. Working in close collaboration with our partners and exhibitors, we are delighted to unveil one of our most engaging and exciting programmes yet. We look forward to welcoming visitors to this year’s show.”