Visa just officially launch a consumer travel site that competes with the banks that pay Visa to issue their cards. That's the real story here, the structural conflict of a payment network establishing direct relationships with cardholders and entering into the banks' own travel businesses.
India is one of the fastest-growing outbound travel markets, one of the largest domestic travel ecosystems, and an underpenetrated inbound destination. The Skift India Travel Scorecard shows clear, comparable data on how India is actually performing relative to its peers.
The visa relaxations for India are slow, but they all mean the same thing. Indian travelers are important to global travel, and everyone wants a piece of the Indian outbound pie.
Business travel platform Navan reported 29% revenue growth in its first earnings call as a public company, but the surprise departure of its CFO just months after going public has analysts seeking answers.
The U.S. is betting on events like the World Cup to boost international tourism next year. Are international tourists prepared to pay hundreds of dollars in new fees?