Travel & Tourisms GDP expected to outpace Indias economy over the next 10 years Research conducted by the World Travel & Tourism Council (WTTC) has revealed the Travel & Tourism sector’s contribution to the Indian economy could surpass pre-pandemic levels this year, with a year-on-y...
Travel and tourism: transformation in Indian industrial sector and management education sceneTravel and tourism industry has been gaining in importance over the last few years. The globalization process and developments in Information Technology have made it vibrant. Leisure, business, health, and ...
The massive road infrastructure being developed in the country will not only contribute to the nation’s growth but will also fuel the future growth of the travel and tourism sector. Regional and last-mile connectivity to previously unexplored and untapped tourist destinations in th...
He added, “Maintaining our industry leading portfolio, IHCL signed 11 and opened 5 new hotels across all its brands. With our vast footprint across 125+ locations we will leverage the buoyancy in India’s travel and tourism sector. The outlook for the upcoming quarters remains strong with pa...
Azfar Shakeel, CEO, Lumi Rental says: “Lumi Rental is proud to be a key sponsor of the World Travel Awards, an esteemed platform that celebrates excellence in the travel and tourism industry. As a leading player in Saudi Arabia’s mobility sector, our partnership underscores our commitment to...
Suma Venkatesh, Executive Vice President - Real Estate & Development, IHCL said, “Capturing the buoyancy in the travel and tourism sector, IHCL has demonstrated accelerated growth with a record 35 new signings in the first half of this fiscal year. The signings are well represented across ...
India’s growth is mainly backed by the existing rich natural and cultural resources. Capitalising on that, our tourism sector has witnessed one of the fastest growth rates worldwide. The travel and tourism industry has proven its importance as an economic growth engine for the world economy. Fo...
This familiarisation trip signifies the commencement of a promising relationship between the Indian travel trade community and the Latin American tourism sector. LATC and Benchmark Travel Representations express confidence that this initiative will lead to an increased flow of tourism from India to these...
Airbnb has successfully positioned itself as prominent sharing economy platform in the tourism and hospitality sector with its homelike offerings, strong market share, and online presence. Airbnb has not only become a competitor of online travel agents, but also to established traditional hotel chains...
This paper analyses the degree of persistence of financial efficiency for the hospitality and tourism industry in India. The paper deploys the Data Envelop