Statistics

Indian aviation facing headwinds

Competition among aviation companies, elevated ATF cost and rupee depreciation to maintain turbulence in the aviation industry. However, near-term revenue growth will be supported by passenger traffic growth, which has seen recovery over the last few months. TT Bureau The Indian aviation industry is witnessing headwinds from the rising fuel …

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Q3 booster for airline industry

With markets reopening in many countries and the travel demand picking up, airline industry breathed a sigh of relief in the third quarter. However, uncertainly looms over the industry keeping in view the emergence of new Covid variant. TT Bureau The financial situation of airline industry improved at the global …

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Looking forward with optimism

In its research, Booking.com reveals a sense of optimism among Indian travellers, fuelling a hunger to embrace the New Normal and get back to experiencing the world in the New Year. Going on a vacation will become a form of self-care in 2022. Booking.com has forecast Indian travellers to make …

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RevPAR down, but investors keen

India’s hospitality industry has witnessed a decline of 52.8 per cent in RevPAR during January to September 2020 over the same period last year due to the impact of the COVID-19 pandemic, according to a JLL report. JLL’s ‘Hotel Momentum India (HMI) Q3 2020’ report, a quarterly hospitality sector monitor, …

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Travel gains momentum in India

In its latest study titled ‘Rethink Travel Global Survey – India insights 2020’, Amadeus decodes ways to re-ignite traveller confidence, while addressing the biggest concerns they have right now, to ultimately ensure that travel continues to be a key driver of global progress, positivity and prosperity. By the end of …

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World affected by COVID-19

The travel setback caused by COVID-19 outbreak has now spread beyond China, with other parts of Asia Pacific experiencing a 10.5 per cent drop in outbound travel bookings for March and April, reveals ForwardKeys. The Chinese outbound market has been severely affected by COVID-19 and resultantly, the global tourism industry …

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‘Prepare for wave of Chinese tourists’

Professor Dr. Wolfgang Georg Arlt, CEO, COTRI, explains how recovery from COVID-19 is possible April onwards. Professor Dr. Wolfgang Georg Arlt provides a different perspective on the recovery and growth of outbound tourism from China post the COVID-19 outbreak in December last year. He says that past numbers are proof …

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More planes for Indian airlines

In a recent forecast by Boeing, Indian airlines are expected to order as many as 2,100 planes worth US$290 billion over the next 20 years. As per a study by FICCI-Yes Bank report titled ‘Opportunities and Financing Outlook for Aviation Sector’, this increase is led by strong passenger demand, low …

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Mobiles dominate travel buys

With the app economy gaining prominence and hotels increasingly encouraging consumers to have direct transactions, the role of mobile in hotel bookings is expected to increase. As per a study by KPMG-Facebook, 9 out of 10 bookings in the hotel category are expected to be mobile-influenced by 2022. The findings …

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