After its decision to split into separate asset management and ownership arms, Lemon Tree Hotels signs more than 50 properties in a country where the supply significantly lags demand.
As India’s peak travel season approaches, the increase in fuel surcharge by both IndiGo and Air India now casts doubt on whether outbound travel will continue its upward trajectory.
Keeping Wilson in place until a successor is found is a sensible call, with Air India Express already without a permanent CEO, having two carriers without leaders simultaneously is not a risk the Tatas can afford.
Bombshell report suggests that the CCI will be investigating the OTA for engaging in repeated anti-competitive conduct – the truth may be another matter.
For Eight Continents, India is a key market. However, it is not investing significant capital, especially as India has a gold mine - a significant number of keys that still remain unorganized.
For a carrier simultaneously battling rising fuel costs and operational disruptions from the Iran crisis, tightening internal compliance has never been more urgent.