Hotels are coming up everywhere in India, but they cannot keep up with the demand. The sector is now looking at homestays to bridge the gap and to boost experiential tourism in the country.
If Ennismore has a successful IPO, it could reshape how investors value hotel brands. Analysts may give value not just to room revenue and expanding footprints, but also to ancillary sales, guest engagement, and brand equity.
Accor has had at least 3 big re-orgs in a decade. Now it's fine-tuning strategy. Selling stakes in Ennismore and Orient Express could free up resources to more effectively battle the Marriotts of the world.
As Indians lean into micro-travel for long weekends, they are no longer limiting themselves to staycations, but are exploring emerging trends ranging from cruise tourism to biking expeditions.
Radisson is the latest to offer integrated trip booking services in India, indicating a larger trend - everyone wants to cut the middleman by becoming the middleman.
Hotel101 plans to operate 1 million rooms across 100 countries, which seems ambitious for a company that just saw its market cap get cut by two-thirds on day one of public trading. But hey, dream big.
The armed conflict between Israel and Iran is the latest in developments that have been disrupting travel in the region. For Indian airlines, it means navigating a maze of airspace closures as Pakistan's airspace still remains restricted.
India’s air travel grew year-on-year in April, but month-on-month traffic and capacity fell. ICRA sees stable growth ahead, though airline losses and geopolitical risks remain watchpoints.