Tourism Breaking News
As per JLL’s latest Hotel Momentum India (HMI) Q4, 2022, the hospitality sector continued to witness strong Y-o-Y growth in Q4 2022, primarily driven by corporate travel, weddings, winter vacations and festivities. The year ended with a 90% Y-o-Y growth in RevPAR for the calendar year 2022 over 2021. The performance in Q4 2021 was strong as well on the back of weddings and domestic leisure travel, however corporate travel was only a fraction of what has been witnessed in Q4 2022.
Breaking News
- 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
- India’s corporate tax payments surge 160% in 10 years, boosting net direct tax collection to ₹17 lakh crore
- Malaysia plans Southeast Asia’s largest integrated circuit design park, offers incentives to attract global tech firms
- Ms. Medha Tiwari Appointed Head of Sales & Marketing for BWH Hotels in India, Bangladesh & Sri Lanka
- Le Cordon Bleu, GD Goenka University names world-renowned Chef Thierry Le Baut as Academic Director.
- MOT conducts special training session for TAAI members on agent accreditation in Mumbai
- 95% Indian say sustainable travel matters to them, 93% want to travel more sustainably over next 12 months
- India’s domestic pax count goes up to 4.71 lakh on 21 April 2024 vis-a-vis 4.28 lakh same day last year
- 25 per cent rise in Indian travellers taking more than 3 trips per year post-Covid: MMT’s India Travel Report
