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Royal Orchid plans to add 50 hotels, betting on local demand boostRoyal Orchid Hotels is set to launch over 50 new properties across India in the coming 12 to 18 months. This expansion is fueled by a surge...- Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
- Summer travel plans take no break: Domestic demand remains strong despite rising fuel costs and airfares, fewer flightsIndians are not cancelling summer holidays despite higher costs and fewer flights. Many are choosing domestic trips or nearby international...
- Summer travel plans show no signs of slowing: Domestic demand remains strong despite higher airfares, rising fuel costs & fewer flightsDespite rising airfares and fuel costs, Indians are continuing their summer holidays, though many are adjusting their plans. Domestic trave...
- Sri Lanka reopens Hambantota airport bid, eyes strategic investorsSri Lanka is seeking investors for the Hambantota airport. This offers a chance for Indian companies to invest in a strategic Indian Ocean ...
- Sri Lanka's move to lease strategic airport near China-controlled Hambantota port sparks Indian interestIndia is keenly watching Sri Lanka's move to offer control of Mattala Rajapaksa International Airport to foreign investors. This presents a...
- Airport hotels fuel hospitality growth as India expands aviation infrastructureIndia's growing airports are boosting the hotel industry. Leading hotel chains are investing more in properties near airports. This is driv...
- India summer travel shock: Flight tickets to Europe, Leh, Singapore see massive surgeIndian travellers are seeing airfares soar by 40-50% on many routes. This surge is driven by rising jet fuel costs and fewer available seat...
- Oil shock will hit Asia harder than the 1970sAsia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...
- Indian aviation sector to handle about 500 million passengers annually by 2030: NMIA chiefIndia's aviation industry is gearing up for an extraordinary transformation. Experts anticipate a surge to 500 million air travelers by 203...
- From Paris to Phuket: The new logic guiding Indian summer travelIndian summer travel plans are shifting. Due to Middle East tensions and rising airfares, long-haul trips to Europe and the US are being re...
- US-Iran ceasefire may stabilise travel routes, but will airfares follow?A recent US-Iran ceasefire promises to normalize international flight routes from India, easing disruptions via Gulf hubs. While flight pat...
- Sri Lanka government no longer sells public enterprises, Attorney General clarifies in SCSri Lanka's government has halted the planned sale of key state enterprises. Sri Lankan Airlines, Sri Lanka Telecom, Sri Lanka Insurance, a...
- Ahmedabad-Colombo direct flights from May 15, travel time to drop to 3 hoursFitsAir is launching direct flights between Ahmedabad and Colombo on May 15, offering a three-times-a-week service. This new route will sig...
- IndiGo to launch direct Delhi–Colombo flights from March 29, expands Sri Lanka networkIndiGo is launching direct flights from Delhi to Colombo on March 29, operating six times weekly. This expansion enhances travel options be...
- Sri Lanka seeks Indian FDI as it restructures state corporate sectorADB forecasts Sri Lanka's economic growth to dip to 2.4% in 2022 and improve marginally to 2.5% in 2023. The forecast indicates a better pr...
- SriLankan Airlines' enters into a codeshare agreement with Mihin LankaFollowing its agreement with Mihin Lanka, SriLankan Airlines will continue to focus on building seamless connectivity from their hub in Col...
- Kingfisher likely to commence ops to Sri Lanka from SeptIndias private air carrier Kingfisher Airlines is likely to begin its operations to Sri Lanka from September this year.
- Kingfisher Airlines mulling Sri Lankan operationsIndia's private air carrier Kingfisher Airlines is planning to operate flights to four more destinations including Sri Lanka by the year en...
- Sri Lanka's budget airline grounded by lack of planesSri Lanka's state-run budget carrier has suspended operations indefinitely because of a lack of planes, an aviation official said on Sunday.
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