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TRAVEL BOOM 2023
Hormuz oil shock echoes 1973 embargo lessonsThe recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...- Room for less: Could short-stay hotels be the next big thing in hospitality?Hourly Hotels: This works on a pay-for-use model where guests pay only for the duration they need a room — typically 3-9 hours. The busines...
- Why India’s next real estate cycle could be driven by retail investors and REITs, Sandipan Roy explainsIn an interaction with Sandipan Roy, Chief Investment Officer (CIO), at Motilal Oswal Private Wealth, he explains why India’s next real est...
- India missed out on AI and now its run as market darling may be overIndia faces a significant setback as artificial intelligence reshapes global investments. The nation's stock market is nearing a fall from ...
- India missed out on AI, and now its run as market darling may be overIndia's stock market faces a significant downturn as global investment shifts towards AI. Foreign investors are leaving, impacting market v...
- 'Nobody will fly': India's plane versus train battle gets a twistIndia's Railway Minister said upcoming bullet trains will dominate short-haul routes like Mumbai-Pune and Bengaluru-Chennai, mirroring glob...
- India's gold import: How it impacts our economy | An explainerIndia's gold imports are at an all-time high, reaching $71.98 billion in 2025-26. This surge is driven by increased prices and trade agreem...
- Suitcases over stethoscopes: Travel loans beat medical and home needs, study showsA recent Paisabazaar report indicates a significant shift in personal loan usage in India, with travel surpassing traditional needs like ho...
- $7.27 billion and counting: How checked baggage fees became a goldmine for airlinesAirline companies are making huge profits from baggage fees. Earlier, airlines provided free baggage service. Now, passengers pay extra for...
- India’s booming outbound tourism: But the inbound sector needs more than just policy changesIndia's outbound tourism is surging, projected to be the 5th largest globally by 2027, driven by rising incomes and a growing middle class....
- India's travel boom: How Maha Kumbh and wedding season sparked record air trafficIndia's tourism industry saw a surprising boost during the fiscal-year fourth quarter, driven by the Maha Kumbh and an extended wedding sea...
- Lufthansa doubles profit in 2023 as demand boomsLufthansa doubled profits in 2023, marking a second straight year of profits. Net profit of 1.67 billion euros. Carriers include Eurowings,...
- SOTC Travel aiming for a healthy, double digit growth this year, says MD Vishal SuriSOTC Travel is aiming for a healthy, double-digit growth in business this year, according to MD Vishal Suri. In an interview with ET, Suri ...
- Why are so many foreign countries wooing Indian travellers?More Indians might be holidaying overseas this Christmas-New Year season than last year as relatively cheaper fares and packages, better co...
- World Cup 2023 leads to 12.5% surge in contactless cross border transactions, reveals Visa ReportAs per Visa’s data, there has been a 12.5% growth in contactless cross border transactions during the World Cup as compared to July 2023, b...
- Airlines see stable profits, record traveller numbers in 2024The global airline sector has largely recovered from the COVID-19 pandemic, which saw planes grounded and travellers reluctant to fly, as d...
- Samantha Ruth Prabhu reveals she hit an 'all-time-low' battling health problems, flops & divorce at the same timeThe ‘Majili’ star is on a break currently and travelling across the globe. She was last seen in the 2023 romantic drama ‘Kushi’ opposite Vi...
- Travel, tourism sector sees 44% jump in hiring in Aug: ReportThe travel and tourism industry in India experienced a 44% increase in hiring demand in August compared to the same month last year, driven...
- More people from India are traveling abroad, particularly to the USIn 2022, India became for the first time Asia's highest source of international travelers, according to tourism consultancy IPK Internation...
- Flipkart raises IPO valuation target to $60-70 billion, eyes 2023 listingThe main reason for waiting for the IPO is due to Flipkart's internal plan to boost valuations further by focussing on two of its relativel...
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