America’s golden ticket to citizenship is only available to those with deep pockets. While global elites can buy their way into the U.S., the door remains firmly closed for the less affluent.
While this is only a minority investment in a small company, LVMH's stake in Fontenille shows its ambition to accelerate its travel and experiential offerings internationally, beyond just Cheval Blanc, Belmond, and Bulgari Hotels & Resorts.
The Indian hotel industry could see more transactions, likely driven by debt pressure. Fortunately, larger profitable players will probably be willing to increase investments.
Thayer, the best-known VC firm that invests in travel startups, is essentially merging with a newer fund called Derive. The deal is being pitched as a way to "drive innovation in travel tech," which is VC-speak for "we want to make money off the next big thing in travel apps."
GMR group's decision to increase its stake in the Delhi International Airport comes at a time when airport operators' revenue growth could top 15% this year.
Would Priceline or other big travel advertisers want a co-branded booking experience with Trivago to increase bookings? Maybe, but these advertisers would likely spar with Trivago on the details of the co-branding.
Hotel companies are betting big on the smaller towns in India. With spiritual tourism accounting for 60% of the domestic tourism, the segment is likely to drive the growth in the Indian hospitality industry for the next few years.