SoftBank Group has reportedly cut the valuation of Indian hotel-booking platform Oyo by more than 20 percent, Bloomberg reported on Thursday quoting people familiar with the matter.
Taj parent Indian Hotels Company has a lot going on, all in a good way. CEO Puneet Chhatwal shares with us his plans for building on the 119 year-old legacy of this Indian institution.
Dubai International Airport expects passenger traffic to return to pre-pandemic levels by the end of 2023, a year earlier than its CEO Paul Griffiths' prediction of hoping to regain pre-Covid…
MakeMyTrip is moving its focus from retail customers to go deep into the hinterland by tapping into small travel agents across India. In a country where online penetration is still low, will this bet pay off?
Good morning from Skift. It's Tuesday, June 14, in Puerto Rico (where the Skift Team is meeting). Here's what you need to know about the business of travel today.
The Taj Mahal is many things to many people. However, some sectors in India are now keen to rewrite the monument's history. Already beset by problems of overcrowding, pollution, apathy and infrastructure, the Taj can do with some rewriting of its present, not its past, to secure its future. Much of India's tourism trade is riding on it.
India's civil aviation regulator cleared Jet Airways to resume operations, allowing what was once the country's largest airline to operate commercial flights.
The bright side of Covid for many Indian luxury boutique hotel operators has been the discovery of a domestic clientele, who previously formed a very small share of the pie.
In Skift's top stories this week, Thailand eases its travel curbs and targets the Indian market, inflation forces travelers to modify their summer plans, and Arnold Donald is stepping down as Carnival CEO.