News From ETTravelWorld

More from ETTravelWorld

• Amsterdam, Singapore & London trending summer holiday destinations for Indian travellers

  The Mastercard Economics Institute's 2024 report unveils changing travel trends in India, with a focus on tourism spending, experiential preferences, and the impact of foreign exchange rates on travel decisions. Indian travellers are increasingly discovering important markets, with a significant 53 per cent increase in trips to Japan, a 248 per cent jump in visits to Vietnam, and a notable 59 per cent growth in visits to the United States, in comparison to 2019.

  

• Puneet Dhawan joins Minor Hotels as Head of Asia

  ​​He will work closely with the Minor Hotels senior leadership team and report to Minor Hotels CEO Dillip Rajakarier. Dhawan's most recent role was as Senior Vice President of Operations – India & South Asia at Accor, where he led the group’s business development, owner management, hotel operations, and commercial team, driving Accor’s growth in the region.

  

• Thomas Cook India Group achieves highest ever profits in FY24

  Thomas Cook India Group achieves highest ever profits in FY24, recommending a dividend of INR 0.60 per share including a special dividend. Consolidated EBITDA for FY24 increased to INR 5,718 million. The company saw significant sales growth, signed new partnerships, and has strong forward bookings. Sterling Holidays experienced a 24 per cent growth in sales for FY24 with new resorts launched.

  

• FlixBus completes 3 months in India: 11 new cities, additional routes & 5 new bus partners

  FlixBus has also opened two new lounges in Anand Vihar, RK Ashram, apart from Kashmiri Gate. These lounges provide travelers a clean environment to unwind before their journey and include amenities such as Wi-Fi connectivity, cloakroom facilities, and pristine accommodations. In last three months, FlixBus in India has covered 1,439,414 km with distance per ticket being close to 400 km. It has a total of 144 stops located in 56 cities across the country.

  

• MakeMyTrip ends FY2024 with record gross bookings & profit

  Despite Q4 being a seasonally slower period for leisure travel, MakeMyTrip saw robust growth across Gross Bookings, Revenue, and Profit. The company achieved record financial results, highlighting the strong recovery and increased travel demand post-pandemic. ​​Furthermore, the Adjusted Operating Profit (EBIT) surged to USD 32.4 million in Q4 FY24 and USD 124.2 million for FY24, up from USD 70.3 million in FY23.

  

• Cambodia Angkor Air launches first-ever direct flight between Delhi & Phnom Penh

  Cambodia is fast emerging as one of the most popular tourist destinations for Indian travellers. Notably, in 2023, a total of 39,599 visitors from India to travelled to Cambodia. This reflects a hike of close to 125 per cent in numbers comparison to previous when 17,387 visitors travelled to Cambodia in 2022.

  

• Singapore Airlines Group records highest-ever full-year net profit of USD 2.67 billion

  The resurgence in air travel demand, particularly with the reopening of North Asian markets such as China, Hong Kong, Japan, and Taiwan, propelled SIA and Scoot to carry a combined 36.4 million passengers, a 37.6 per cent increase year-on-year. Passenger traffic rose by 26.6 per cent, outpacing the 22.9 per cent increase in capacity, leading to a group passenger load factor improvement of 2.6 percentage points to a record 88 per cent.

  

• Resorts World Cruises introduces new Arabian Gulf vacations for Indian travellers

  Resorts World Cruises operates with homeports in Singapore, Malaysia, Hong Kong, Taiwan, and Indonesia. The deployment of the Resorts World One is expected to make 75 calls in the Arabian Gulf region, attracting 150,000 passengers over the six-month period and significantly contributing to the growth of cruise tourism in the area.

  

• Tourism New Zealand appoints Ratul Ghosh as new Trade Marketing Manager for India

  Tourism New Zealand aims to strengthen its market presence in India, promoting the country's diverse and unique attractions. Ratul's appointment is a strategic move to leverage his extensive experience and passion for travel, enhancing tourism ties between India and New Zealand. Ratul's expertise in Sales, Marketing, and Strategy positions him as a key asset in enhancing New Zealand's presence in the Indian market.

  

• EaseMyTrip, SIDBI & Uttarakhand Tourism launch Homestay Entrepreneurship Programme

  Initiated in April and running through May, the program targets 150 homestay owners, providing them with essential training in hospitality management and sustainable practices. The curriculum combines classroom learning with practical sessions and culminates in a certification from EaseMyTrip, Small Industries Development Bank of India, and the Uttarakhand Tourism Development Board.

  

• Skyscanner unveils AI-powered travel planning tool 'Savvy search'

  Harnessing AI technology, Savvy Search enables users to describe their ideal trip, whether it’s a "cheap European city break in October" or a "30th birthday trip with fun nightlife and a great food scene." The tool then provides up to three curated destination recommendations, complete with rich descriptions and imagery to highlight each location's unique appeal.