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Page 5 - Global Travel Industry

Ready to fly again: Travel firms expect heavy rush as US lifts curbs

But the slow pace of visa approval remains a challenge

Ready to fly again: Travel firms expect heavy rush as US lifts curbs
Updated On : 17 Oct 2021 | 10:53 PM IST
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Different rules across nations hurting business travel - Today's Special

Many countries are adopting different sets of rules to allow foreigners to enter their territory. This hurts business prospects at a time when all are looking for stronger and faster economic recover

Different rules across nations hurting business travel - Today's Special
Updated On : 30 Sep 2021 | 11:51 AM IST

Goa, Jaipur set to become India's top leisure destinations: OYO data

OYO released the findings of its Unlocking Travel Report 2021 on the occasion of World Tourism Day

Goa, Jaipur set to become India's top leisure destinations: OYO data
Updated On : 27 Sep 2021 | 10:53 PM IST

Mastercard profit beats estimates on consumer spending, travel boost

Mastercard saw improved strength in travel between the Unites States and Latin America, as well as an increase in travel within Europe, Miebach said on a conference call.

Mastercard profit beats estimates on consumer spending, travel boost
Updated On : 29 Jul 2021 | 9:49 PM IST

Despite Covid, Dubai welcomes 3.7 mn overseas visitors: Official data

International tourism hub Dubai welcomed 3.7 million overnight visitors during the 11-month period from July 2020 to May 2021, the tourism department here has said

Despite Covid, Dubai welcomes 3.7 mn overseas visitors: Official data
Updated On : 08 Jul 2021 | 7:38 AM IST

European Union members agree to lift travel restrictions on US tourists

The move was adopted during a meeting in Brussels of permanent representatives to the 27-nation bloc.

European Union members agree to lift travel restrictions on US tourists
Updated On : 16 Jun 2021 | 7:14 PM IST

Travel firm Thomas Cook India fourth quarter loss widens to Rs 20 crore

Travel services provider Thomas Cook India has reported widening of consolidated net loss to Rs 20.23 crore for March quarter 2020-21, impacted by the pandemic. The company posted a net loss of Rs 13.90 crore for the year-ago period, Thomas Cook said in a late night regulatory filing on Thursday. Total income from operations stood at Rs 401.64 crore in the quarter under review. It was Rs 1,109.02 crore in the same period a year ago. For 2020-21, the company posted a net loss of Rs 295.19 crore as against a loss of Rs 17.65 crore in the previous year, Thomas Cook India Ltd (TCIL) said. Total income from operations stood at Rs 945.74 crore in the year. It was Rs 6,948.30 crore in 2019-20, it added. "We are already seeing positive signs with the tapering of infection rates globally and travel reopening in select countries, albeit in an understandably careful and calibrated manner," TCIL Chairman & MD Madhavan Menon said. This augurs well for the revival of the sector, with ...

Travel firm Thomas Cook India fourth quarter loss widens to Rs 20 crore
Updated On : 28 May 2021 | 3:08 PM IST

Airbnb sees 'travel rebound of the century'; loss widens on debt payment

Airbnb's shares fluctuated in extended trading after closing down 3.2% in New York at $135.75.

Airbnb sees 'travel rebound of the century'; loss widens on debt payment
Updated On : 14 May 2021 | 3:25 PM IST

Maldives ban leaves limited global travel options for Indian tourists

The island nation has been a popular leisure destination for Indian travellers who accounted for 21% of all arrivals between January-May

Maldives ban leaves limited global travel options for Indian tourists
Updated On : 13 May 2021 | 12:35 AM IST

British PM Johnson to unveil international travel plan amid Covid-19

Johnson has already announced a staggered plan to ease coronavirus restrictions in the months ahead

British PM Johnson to unveil international travel plan amid Covid-19
Updated On : 05 Apr 2021 | 8:25 PM IST
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What is a vaccine passport and will we need it soon? Simply explained

Not all are in favour of mandating vaccine passport, especially WHO. Tune in to know why

What is a vaccine passport and will we need it soon? Simply explained
Updated On : 31 Mar 2021 | 10:29 AM IST

84% Indians found to be day-dreaming about travel once a week: Survey

A majority of Indian respondents (three-fourths) were found to be "day-dreaming" at least once a week about travel, according to a survey.

84% Indians found to be day-dreaming about travel once a week: Survey
Updated On : 23 Mar 2021 | 9:31 PM IST

EU sets out vaccine certificate plan to allow free travel by this summer

The travel industry and southern European countries dependent on tourism like Greece and Spain have been pushing for the quick introduction of the measure.

EU sets out vaccine certificate plan to allow free travel by this summer
Updated On : 18 Mar 2021 | 3:08 AM IST

Large firms may start business travel from FY22: MakeMyTrip's Rajesh Magow

"I think this winter, domestic traffic should come back to the pre-Covid level," says CEO Magow

Large firms may start business travel from FY22: MakeMyTrip's Rajesh Magow
Updated On : 11 Mar 2021 | 3:23 AM IST

Airbnb CEO says travel never going back to the way it was before pandemic

Airbnb CEO Brian Chesky predicted travel would permanently change due to the pandemic with people seeking out thousands of smaller cities and spending more time visiting friends and family

Airbnb CEO says travel never going back to the way it was before pandemic
Updated On : 15 Jan 2021 | 7:49 AM IST

The travel entrepreneur who beat the market downturn not once, but twice

Aloke Bajpai's firm Ixigo cut pay, but didn't lay off; He says 'honest communication' with staffers saw the firm bounce back during the 2008 Lehman crisis and the current pandemic-induced one

The travel entrepreneur who beat the market downturn not once, but twice
Updated On : 16 Dec 2020 | 3:11 PM IST

Airlines see 'oasis' in entertainment, energy sectors during pandemic

Most companies have slashed spending on corporate travel, leaving airlines without a crucial source of revenue. Business traffic remains at least 85% down on pre-crisis levels.

Airlines see 'oasis' in entertainment, energy sectors during pandemic
Updated On : 04 Dec 2020 | 8:36 PM IST

Aviation bodies seek suspension of airport slot access rules till Oct 2021

Slot rules and their suspension have big ramifications for airline competition and market access for low-cost carriers, which were making ever deeper inroads before the pandemic

Aviation bodies seek suspension of airport slot access rules till Oct 2021
Updated On : 26 Nov 2020 | 9:22 PM IST

Hotels limp back to normalcy as business travel remains depressed

Recovery still far away; blended average occupancy up 28-30% in current quarter from 18-25% in three months to September

Hotels limp back to normalcy as business travel remains depressed
Updated On : 17 Nov 2020 | 12:50 AM IST

Even a Covid vaccine may not bring much joy to the global travel industry

As many as 83% of passengers globally are reluctant to fall back into their old travel habits and 31% will travel less often by air, the survey of some 10,000 frequent fliers conducted showed

Even a Covid vaccine may not bring much joy to the global travel industry
Updated On : 10 Nov 2020 | 8:27 AM IST