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TRAVEL INDUSTRY GROWTH
Movies, big and small, keep Indian box office in high spiritsIn 2026, Indian films have shown significant growth in box office collections and audience turnout. Cumulative box office earnings rose 17%...- India’s OTT market attracts new bets, but turning viewers into revenue remains toughIndia's OTT market continues to grow with new platforms targeting niche demographics and unique content offerings. Recent launches include ...
- Indians travel more despite costly flights, hotel rates to jump 27% post-DiwaliTravel bookings are on the rise for the festive season, with significant demand reported by various companies. Average hotel rates are expe...
- Expensive flights, struggling airlines: Why India's airfare crisis has no easy fix for passengersIndia's proposed new airfare framework would require airlines to submit fare structures to the DGCA a month in advance, amid festive-season...
- IMF and World Bank meetings leave developing countries with more questions than answersThe recent discussions at the International Monetary Fund and World Bank left developing nations feeling uncertain about their futures. Del...
- Cleartrip eyes sustained revenue growth driven by air travel, non-air businessCleartrip expects to sustain its growth momentum in 2027, with non-air services such as hotels, buses, trains and holiday packages gaining ...
- Robust pipeline: Hotel chains look beyond metros for growthIndia's hospitality sector is set to add 161,074 branded hotel rooms over the next five years. Approximately 117,000 of these rooms are cur...
- Rubio’s India visit to focus on business, include Reliance meeting in Jamnagar: US envoy Sergio GorUS Secretary of State Marco Rubio is set to visit India from October 17 to 22. He will engage with Indian government officials in Mumbai an...
- AI researchers are smoking to demonstrate their belief that it will beat cancer: Palantir CTO Shyam SankarShyam Sankar, CTO of Palantir Technologies, highlighted AI researchers' intense commitments, likening it to social delusion. He pointed out...
- India keeps Pernod Ricard in high spirits even as its top markets cut down on the cheersPernod Ricard has reported a 19% rise in sales in India, providing some relief against drops in bigger markets like the US and China. Overa...
- Ready for take-off? Analysts map the flight path for India's aerospace stocksIndia's aerospace sector is poised for multi-year growth, driven by rising aircraft production, defence spending, exports and global supply...
- Toyota to add annual capacity of 100,000 units at Karnataka plant from early 2027Toyota Motor aims to enhance production capacity at its Bidadi facility to accommodate increasing demand for the Innova Hycross. The compan...
- Airbus forecasts huge hiring gap as aviation services market expandsAirbus projects a need for 2.44 million personnel in aviation, including pilots and maintenance staff. This forecast highlights challenges ...
- India's alternative accommodation market expected to reach $4.7 billion in GBV by FY29: ReportIndia’s alternative accommodation market is projected to grow to $4.7 billion in gross booking value by FY29 from $2.6 billion in FY26, acc...
- Mizoram targets 5–7% tourism share in GSDP by 2047, opens new investment pathwaysMizoram plans to enhance tourism's contribution to its economy by leveraging cultural and natural assets. The government is executing touri...
- Piyush Goyal meets Rishi Sunak, Czech minister; trade, tech partnerships on agendaUnion Minister Piyush Goyal met with Czech Republic Deputy Prime Minister Karel Havliček to discuss economic cooperation. He also had discu...
- Mizoram seeks to boost tourism by relaxing Protected Area Permit during winter and Christmas festivalsMizoram is seeking to promote tourism by easing regulations during upcoming winter and Christmas festivals. The state reported significant ...
- India, Czech Republic explore partnership to build 19, 40 and 90-seater aircraft in IndiaIndia is set to explore a collaboration with the Czech Republic to manufacture various regional aircraft. The partnership aims to fulfill r...
- Zubin Karkaria says VFS Global may launch ‘Study in India’ product to attract international studentsIndia is experiencing significant growth in its Travel and Tourism sector, driven by a rapid economy. The World Travel and Tourism Council ...
- Festive travel bookings 50% ahead of last year as Indians opt for multiple getawaysTravel trends show a growing preference for multiple short trips during India's festive season. Nearly 23 percent of Zostel travellers made...
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