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Showing posts from December, 2023

Wed-tech startup Betterhalf expands Pan-India destination wedding operations

Taking advantage of its robust AI matchmaking technology, Betterhalf has introduced a "Wedding Ideabook." This AI-enabled feature empowers customers to choose from a selection of over 10,000 designs in wedding decor, jewelry, photography, and makeup, all with transparent pricing. The company has also launched real-time immersive shoots of wedding venues, enabling customers, including international clients, to virtually explore and select properties from anywhere. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/6EDjxNB via IFTTT

Zoomcar goes public, announces merger with IOAC & Nasdaq listing

Following the merger, IOAC has been rebranded as Zoomcar Holdings, Inc. The company will continue to operate under the leadership of Greg Moran and the Zoomcar management team. Shares of Zoomcar common stock are expected to commence trading under the symbol ZCAR on the Nasdaq Global Market platform on or about December 29. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/1a7PmB8 via IFTTT

How India Ubered in 2023 - A year in rear view

Uber India has released highlights of its annual data report - How India Ubered - encapsulating the key trends from how India moved this year. The analysis from the trips in 2023 revealed some very interesting trends about cities with the highest number of trips, the total number of kilometres covered in Uber rides, popular travel trends in intercity travel, the city with the most late-night trips, and also several rider preferences. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/zvdqNcD via IFTTT

India finally paying attention to business brought in by festival tourism: Sanjoy K Roy

“The minute you start investing within an economy in control of creative industry, or sector space, you are upskilling the gig economy. And the gig economy, because of the nature of the beast that it is, it trickles. The impact of trickling down is huge,” said Sanjoy K Roy, Managing Director, Teamwork Arts in an interview with ETTravelWorld. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/KvilFQX via IFTTT

Govt plans to attract both desi and international couples to make India the global wedding destination

According to a report by KPMG, the Indian wedding market was estimated to generate Rs 3-4 lakh crore annually a few years ago, and the current figures are believed to be even higher. A considerable portion of this spending occurs during lavish destination weddings held abroad. The govt plans to launch a campaign to woo desi and global couples to wed in India. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/r91BGAU via IFTTT

Ebix stock in record plunge after bankruptcy filing

Ebix has retained Jefferies LLC to help with the sale process. The stock was headed for the biggest one-day percentage loss since going public in 1987, and was on track to open at the lowest price seen since October 2006. It had plummeted 75.3 per cent year-to-date through Friday, while the S&P 500 had rallied 22.9 per cent, MarketWatch reported. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/5W0FzHB via IFTTT

Business travel emissions drop as many firms fly less: survey

Despite a global rebound, business travel has been slow to return to 2019 levels, with many corporate clients turning to video conferencing or rail trips rather than flying. Global business travel firms say this trend could hit corporate relationships, while environmentalists argue it represents an important step in minimizing overall emissions. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/L0N6zfv via IFTTT

Cruise vessel MS Nautica calls on New Mangalore Port

The Marshall Islands-flagged 'MS Nautica' ship with 501 passengers and 395 crew members called on the New Mangalore Port. This is the third foreign vessel to call the port during the current cruise season, the New Mangalore Port Authority said on Saturday. The ship, with an overall length of 180.5 metres and a carrying capacity of 30,277 tonne, arrived at the port at 8 am on Friday. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/jIDszQr via IFTTT

Thomas Cook India added to the MSCI Domestic Small Cap Index

Since the MSCI Domestic Index plays an important role in attracting foreign institutional investors (FIIs) to invest in Indian equities, many global fund managers use the index as a guideline for allocating their investment portfolios across different countries. The addition of the TCIL stock to the MSCI will lead to wider participation and demand from global investors, as it puts the company on the radar of FIIs. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/Mdw2NDJ via IFTTT

First cruise ship of the season, Seven Seas Navigator arrives at New Mangaluru Port

The majestic "Seven Seas Navigator" gracefully docked at New Mangalore Port on Friday, marking the official commencement of the 2023-24 cruise season. The momentous occasion signifies a resurgence of maritime tourism in the region, much to the delight of local businesses and stakeholders. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/YgAL2w7 via IFTTT

Tinder’s Year in Swipe 2023: Delhi & London most popular cities to passport to for Indians

Top passport destinations for young singles in India include London, New York City and Los Angeles as 18–25-year-olds passported to Bangkok and Amsterdam as well. Popular local cities to passport to for Indians include Delhi, Mumbai, Bengaluru, Kolkata, and Pune. It's a feature on Tinder where people can match with someone from a different city or country. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/07riJxV via IFTTT

Sunny Sodhi appointed new Managing Director of FCM Travel in India

Previously, Sodhi served as the COO for Luxury and Upscale Business and Head of Sales for India and Southeast Asia at OYO. Before that, he established the vertical for Corporate Travel as the COO for Yatra for Business and was also the Head of Industry Relations for Yatra.com. He has also worked for HRG and CWT India in business, sales, and client management roles. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/7Ud40VH via IFTTT

Yatra CEO Dhruv Shringi discusses industry trends & future outlook at ET Travel Conclave

Yatra Online Co-Founder & CEO highlighted the low marginal cost of selling additional products once the platform is in place, with a focus on a deeper and wider product portfolio. This includes cross-selling of services such as insurance, attractions, and car rentals. Shringi underlined the importance of both technology-enabled and manually interfaced products in this evolution. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/t5THKV9 via IFTTT

Cruise season in Mangalore starts on Dec 8

The New Mangalore Port would be hosting 10 cruise vessels in the 2023-24 cruise season, beginning in the second week of December and lasting till the second week of May 2024. The port is expecting a rise in number of cruises calls in coming years after the new season of cruise commencement post Covid pandemic in India. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/sULlTgj via IFTTT

Female solo travel app NomadHer sees twelvefold increase in use among Indian women

NomadHer said it continues to expand its offerings, including surfing camps in Bali and Busan, a women's hiking program in Seoul, and an annual female globetrotter festival in Paris and Seoul, envisioning a world where women explore together and share diverse experiences. Currently, NomadHer stands as the go-to app for 100,000 female travellers from 190 countries. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/BAP6cJ9 via IFTTT

Travellers ready to set sail on cruises at record levels next year

Travellers are looking to cruises in 2024 because they are still cheaper than land-based alternatives. With occupancy levels approaching pre-pandemic levels, operators plan to hike prices in coming months. About 35.7 million passengers are expected to cruise in 2024, up from 31.5 million in 2023 - which is 6% more than the amount of passengers that set sail in 2019, according to the Cruise Lines International Association (CLIA). from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/PcBTW0Q via IFTTT