Tourism Breaking News
The International Air Transport Association (IATA) announced strengthened profitability projections for airlines in 2023, which will then largely stabilize in 2024. Airline industry net profits are expected to reach US$25.7 billion in 2024 (2.7% net profit margin). That will be a slight improvement over 2023 which is expected to show a US$23.3 billion net profit (2.6% net profit margin).
Breaking News
- We should achieve 2020 arrival figures by March 2025, then we can focus on increasing numbers further: Mehra
- Domestic airfares to mountain destinations surge, New Delhi to Srinagar fares jump 18%: ixigo
- Indian government must incentivise SAF production to boost aviation & tourism: Julia Simpson
- Inbound travel to India shows 9% growth in 2024, 7% year-on-year rise in influx from the Americas
- Lily Beach Resort & Spa Prepares to Celebrate Festive Season in Tropical Luxury
- EPSI’s Round Table and Felicitation Program Highlights Private Sector’s Role in Education
- Clarks Resort appoints Sarvesh Kumar Singh as the General Manager
- South African Tourism wraps up 10th edition of ‘Learn SA’ Workshop series with a successful finale in Kochi
- Both OTAs and traditional travel agents are here to stay as long as they adopt the use of technology and grow their reach: Vishal Bhatia
- Sabah records impressive over 60% growth in Indian visitor arrivals
- Celebrate Culture, Adventure & Serenity at Assam’s Brahmaputra Carnival!
