Posts

Showing posts from February, 2024

EaseMyTrip & Zaggle partner to transform travel & expense management solutions

EaseMyTrip's corporate clientele will now have seamless access to Zaggle's EMS platform, offering end-to-end travel and expense management solutions. This includes booking flights, hotels, and other travel arrangements, along with managing expenses incurred during travel. The partnership aligns with the growing demand for robust expense management solutions driven by corporate travel. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/XmLj1KW via IFTTT

Mid-year results: FCM Travel Asia leads with 44 per cent revenue growth

The leisure segment of the business recorded an outstanding AUD$60 million in underlying PBT, surpassing pre-pandemic levels by a significant margin. This achievement represents a remarkable 30-fold increase compared to the same period in FY23 and a doubling of the underlying PBT from FY19. Corporate PBT also witnessed substantial growth, rising by 53 per cent to AUD$93 million from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/7rg2COz via IFTTT

Expedia to cut about 1,500 jobs globally amid moderating travel demand

The restructuring comes after Expedia warned earlier this month that revenue would moderate in 2024 as air ticket prices drop and said CEO Peter Kern was stepping down. "The business continues to evaluate the appropriate allocation of resources to ensure the most important work continues to be prioritized," an Expedia Group spokesperson said. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/D8GpEJS via IFTTT

Mauritius stops Norwegian cruise ship from docking, cites health risk

The ship has 2,184 passengers and 1,026 crew members. Of these, about 2,000 passengers would have disembarked in Port Louis after completing their cruise while another 2,279 new passengers had been expected to board the ship, the port authority said. Tourism is one of the major drivers of Mauritius' economy. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/BnOmaPD via IFTTT

Global markets chase Indian MICE biz as corporate travel bounces back

Corporate travel is resuming in India, with overseas markets like Hong Kong, Moscow, Turkiye, Dubai, and more betting big on hosting meetings and conferences. Hong Kong sees traction from various sectors, while Moscow plans to directly reach out to Indian corporate clients. Dubai introduces a 5-year visa to boost travel, and Turkiye expects high MICE traveler numbers from India. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/PQ3OYVv via IFTTT

Aditya Kumar Halwasiya picks up 13% stake in Tourism Fin Corp India for INR 247 crore

On Tuesday, shares of Tourism Finance Corporation of India rose 4.98 per cent to close at INR 220.20 apiece on the NSE. In a separate block deal on the NSE, Eriska Investment Fund offloaded 23.50 lakh shares of Jindal Saw for INR 122 crore through an open market transaction. Nippon India Mutual Fund (MF), Samco MF, Copthall Mauritius Investment and Societe Generale were the buyers of Jindal Saw shares. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/tg1SlGo via IFTTT

OYO ventures into sports hospitality, to provide end-to-end event solutions

In a strategic move, OYO has identified 100 hotels across 12 key cities, including Delhi, Chennai, Bangalore, Pune, Lucknow, Jaipur, and Chandigarh, among others, to cater to the unique needs of athletes and sports officials participating in various sports events. These cities, equipped with the necessary infrastructure, are poised to host large sports tournaments effectively. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/Rm9KXTY via IFTTT

Corporate travel resurgence: Global airlines forecast to exceed pre-pandemic capacity levels in 2024

Looking ahead to 2024, Sodhi predicts a resurgence in corporate travel, with business travellers displaying increased confidence and planning trips to foster business growth and strengthen professional relationships. Notably, major global airlines are expected to exceed pre-pandemic capacity levels, with two percent more seats offered in 2024 compared to 2019, albeit with a six percent reduction in the number of flights. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/mAROIKM via IFTTT

44% of women planning all-girls trip in 2024; Alaska cruise spurs as top choice: NCL survey

For the Indian adult women surveyed, an all-girls trip isn’t simply a holiday, but it gives them the opportunity to get away from day-to-day worries (48 per cent), chance to try new foods (32 per cent), delve into new experiences together (43 per cent) and discover new places (30 per cent). from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/CKZ6Esi via IFTTT

Sydney meetings fund launches in India

The introduction of the Sydney Meetings Fund by Business Events Sydney underscores BESydney's commitment to supporting event planners and promoting Sydney as a premier destination for corporate and incentive events. With funding opportunities now available, event planners in India have access to financial support to enhance their event experiences in Sydney. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/A2D5gLN via IFTTT

Tripjack & TIRUN Travel Marketing join forces to promote Royal Caribbean Cruises in India

This partnership aims to elevate the presence of Royal Caribbean's cruise offerings in India, spanning across its renowned brands: Royal Caribbean International, Celebrity Cruises, Azamara Cruises, and Silverseas. The goal is to actively promote and nurture the growth of international cruising among Indian travellers, tapping into the immense potential of the Indian cruising market. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/cHs9ZmL via IFTTT