Canada-based Brookfield Asset Management (Brookfield) is set to acquire four hotels under Hotel Leela Venture (HLV) for ₹3,950 crore, in what would be the largest-ever hotel deal by value in India. TT Bureau The board of Hotel Leela Venture approved the sale (by way of slump sale) and transfer of …

Having recorded 1.6 mn Indian arrivals in 2018, Tourism Authority of Thailand now expects to achieve 2 mn arrivals in 2019 whilst emphasising on niche segments from the market. TT Bureau Women travellers, families and weddings are the niche segments that TAT is set to focus on in 2019. Tanes …

SpiceJet has become the first low-cost carrier (LCC) in India to join the International Air Transport Association (IATA), which represents over 290 airlines around the world. This takes IATA’s tally in India to five. TT Bureau Alexandre de Juniac, Director General and CEO, International Air Transport Association (IATA), had revealed …

The new office bearers and Executive Committee team of Adventure Tour Operators Association of India (ATOAI) were announced at its recently-concluded elections held at The Park Hotel, New Delhi. Kanchan Nath The Adventure Tour Operators Association of India (ATOAI) has recently elected its new team in Delhi. While Capt Swadesh …

SpiceJet turned out to be the biggest winner of routes in Ministry of Civil Aviation’s (MoCA’s) ambitious UDAN 3, with around 24 proposals being awarded. Ajay Singh, Chairman and MD, SpiceJet, shares the details and gives insights into the future of Indian aviation. Nisha Verma The UDAN routes would include …

Yas Island Abu Dhabi is developing into an independent destination on its own, especially with a focus on family and MiCE travel with new attractions like Warner Bros World. TT Bureau Yas Island is growing in popularity as a destination for Indians travelling to Abu Dhabi, and according to Marina …

The association gets ready for its 19th expo in Mumbai that will showcase exhibitors from 20 countries and attract decision-makers from the amusement, hospitality and entertainment industries. TT Bureau The Indian Association of Amusement Parks and Industries’ (IAAPI) 19th Amusement Expo, the biggest B2B exhibition on sourcing for the amusement …

With a new chairperson at the helm for Maharashtra Chapter, the association focuses on adding more members from the state and have a dialogue with the government about reducing the tax burden. Hazel Jain The new team of Indian Association of Tour Operators (IATO) recently held its first meeting after …

Having witnessed participation from over 700 trade partners, the eight-city Nepal Sales Mission 2019 organised by Nepal Tourism Board seeks to strengthen relationship with Indian travel trade and generate higher business for both the countries. TT Bureau In an endeavour to tap the lucrative Tier II, III markets and educate …

Striking a balance between traditional promotional strategies and digital media, winners from India Travel  Awards and India MiCE Awards share views on the use of social media as an effective means of promotion. TT Bureau Best MiCE Organiser — Mach Conferences     Laveena Bhatia, Director, Mach Conferences & Events believes that …