Bali's tourism industry already has its fair share of challenges, so the last thing it needs is another issue that could hurt its reputation and future.
Agoda’s Sustainable Tourism Impact Fund holds promise for small businesses in Southeast Asia’s tourism sector, but with greenwashing concerns on the rise, its impact depends on transparency and measurable outcomes
EaseMyTrip’s push into study tourism and EV manufacturing shows ambition to expand, but the leadership change and financial pressures leave questions about execution. Shareholders will be watching closely.
In major hospitality news, Hyatt is in talks to acquire Playa Hotels & Resorts, Despegar has agreed to a $1.7 billion buyout by Prosus, and a Skift Research report suggests hotel websites could surpass OTAs by 2030 – or maybe not.
As direct competition from hotels and airlines in the consumer business increases, online travel companies in India are rapidly expanding their presence in the "more profitable" corporate travel segment.
Inbound travel to India is far behind pre-pandemic numbers. By simplifying payments MakeMyTrip's latest feature looks to make travel easier for foreign tourists visiting the country.
Outstanding payments for hotel commissions tend to peak in the fourth quarter — just as the travel business hits its most volatile period. Using analytics and strategies that allow commissions to be paid as quickly as possible can help hotels avoid year-end backlogs, simplify their financial reporting, and improve relationships with their partners.