Travel Firms

MakeMyTrip sees surge in premium stays; Goa, Jaipur top domestic picks

MakeMyTrip's year-end campaign reveals a clear premiumisation trend, with one in three domestic travellers opting for 4- or 5-star stays and Goa, Jaipur, and Udaipur emerging as favourites

Europe winter travel costs for Indians drop up to 40%, says Cox and Kings

Europe remains a top pick for Indian travellers, and this winter brings extra cheer - package prices, airfares have fallen by up to 40% between November and February, according to Cox and Kings

Thomas Cook, SOTC revive China tours as Indian travel demand surges

New China portfolio by Thomas Cook India and SOTC offers curated itineraries for leisure, MICE, and bleisure travellers as demand rebounds with renewed flight connectivity

Thomas Cook, SOTC Travel expand China holiday portfolio for Indians

Thomas Cook (India) Limited and its group company SOTC Travel on Monday announced the expansion of their China portfolio, promoting it as a key holiday destination for Indian travellers. This move is backed by a series of positive developments, including the strengthening of diplomatic relations between India and China, resumption of direct flight connectivity and a relaxed visa approval process -- all contributing to a renewed travel demand among Indians, Thomas Cook (India) stated. The growing interest is reflected by Thomas Cook India and SOTC's internal data, with departures selling out well in advance, even during a traditionally low-season (October-November). Capitalising on this strong consumer sentiment, the companies said they have expanded their China holidays portfolio. In addition to leisure travel, China's advanced infrastructure, expanding flight connectivity and return of trade events are also driving strong potential across both business travel and the MICE ...

MMT makes a case for advance bookings with month-long value campaign

Advance bookings will automatically lead to price adjustments in the year end, says CEO Rajesh Magow

Hospitality, travel sectors see high demand ahead of long Diwali weekend

Hospitality and travel services providers are witnessing robust demand this festive season in the run-up to the long Diwali weekend, registering strong bookings across urban and leisure destinations, with intercity bus services occupancy levels even touching 95-100 per cent. With the GST reform acting as a key driver for mid-scale hotels and mid-market domestic customers, making it easier for travellers to explore lesser-known destinations, Hotel Association of India (HAI) President K B Kachru said early trends show higher hotel occupancy, reflecting the excitement of travellers celebrating festivals with family, friends, and leisure getaways. "Booking patterns this season highlight travellers' preference for convenience, flexibility, and curated experiences. Many hotels are reporting growing interest in premium and experiential stays, signalling a shift toward immersive travel that blends leisure, culture, and wellness," he said. Kachru, who is also Chairman- South Asia, Radisson .

Thaw in India-China relations set to boost foreign tourist arrivals

Direct flights resumption, tourists visas to provide tailwinds for Indian travel and tourism sector

MakeMyTrip charts global expansion route, boosts corporate travel focus

Cofounder says growth driven by three engines: Customers, artificial intelligence, and supply

Tourism minister urges collective action to clock 20 million FTAs

Over the three years, India has moved up to the 39th position in 2024 from 54th position on the World Economic Forum's TTDI

Travel aggregator MakeMyTrip targets 'Bharat' with GenAI travel assistant

Company aims to attract first-time online travel buyers from Bharat with voice-and-text GenAI planner, expanding reach as domestic tourism demand continues to rise

Hotels nearly sold out, airfares soar sharply for August 15 long weekend

Hotels report near-full bookings and airfares rise sharply ahead of the Independence Day long weekend, with strong demand across leisure and drive-in destinations

Thomas Cook sees July rebound in travel bookings after Q1 disruptions ease

Company sees pickup in forward bookings post-Air India crash and Pahalgam attack; festive demand and long weekends to drive H2 recovery

IPO-bound Oyo partners Yatra to expand its business travel offerings

IPO-bound travel-tech unicorn OYO on Thursday announced its partnership with travel agent platform Yatra to strengthen its presence in the business travel segment particularly in key centres such as Delhi-NCR, Mumbai, Bengaluru. As part of this alliance, more than 500 company serviced hotels of OYO have already been on-boarded for the first time on Yatra's platform. It includes hotels under mid-premium and premium brands such as SUNDAY, Palette, Clubhouse, Townhouse, Townhouse Oak and Collection O for business travellers across India. OYO is planning to add 1,000 more company serviced hotels for booking on Yatra's platform by September this year, the company said in a statement. This will strengthen Yatra's inventory, especially in emerging metros where the demand for quality accommodation is surging due to increased business travel, it added. According to estimates, India's business travel spending reached USD 38.2 billion in 2024, reflecting robust growth and positioning the cou

Travel Food Services IPO fully subscribed as institutions drive demand

It was subscribed 1.89 times, driven by institutional bids that were 5.23 times the shares reserved for them. Meanwhile, retail bids stood at a 0.44 times as of 2:12 p.m. IST

SOTC Travel targets double-digit growth for FY26, to focus on expansion

SOTC Travel is targeting double-digit growth for the current financial year ending March, with a strong focus on expansion across regional India, the company's Managing Director & CEO Vishal Suri said. In an interview to PTI, he shared the company's vision for expansion and travel trends, including a strong rise in pilgrimage tourism with the onset of the Shravan season, particularly for the 12 Jyotirlingas. "We are targeting healthy double-digit growth for FY25-26. Regional India is a key focus area for us. We are not only widening our reach across the country but also deepening our presence in existing markets, based on the need and potential we see," Suri told PTI. He observed that the company's expansion strategy is both broad and focused, enabling it to tap into emerging travel demand across demographics and geographies. "We are committed to strengthening our omnichannel strategy with focused expansion across both digital and physical touchpoints. We're actively investing in .

Airports tap tech to reshape travel and boost commercial potential

The global airport automation market size is projected to surge to $85.12 billion by 2033 from $5.05 billion currently

Religious tourism turns key revenue stream for travel, hospitality firms

Religious and spiritual tourism has been the fastest growing segment for us across the portfolio, says Jatin Khanna

Namma Yatri hits 100 million rides, enables ₹1,600 cr driver earnings

Namma Yatri achieves a landmark 100 million zero-commission rides, generating Rs 1,600 crore for 6 lakh drivers while building an open AI-led mobility infrastructure

Indians in Tier-II cites bring 'faster growth' for travel industry: Report

Indians' budget for holidays has increased by 20-50% as spending power grows and connectivity improves, it says

Oyo adds over 3,500 corporate clients in FY25, records 20% growth

With over 6,500 corporate clients and a 20 per cent YoY increase, Oyo sees strong growth in business travel, led by Mumbai and boosted by its Oravel Travel Solutions vertical