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Travel & tourism sector deal activity down by 32.7% YoY during Jan-Nov: GlobalData

Travel & tourism sector deal activity down by 32.7% YoY during Jan-Nov: GlobalData

A total of 666 deals (mergers & acquisitions (M&A), private equity and venture financing) were announced in the travel and tourism sector globally during January-November 2023, which is a year-on-year (YoY) decline of 32.7% compared

Hotels & Resorts
Tokyo commands highest average room rates in Asia

Tokyo commands highest average room rates in Asia

Global occupancy growth is close to normal across most gateway markets. Asia has seen key cities occupancy growth of 108-153% YTD-2023 compared to 2022. The growing demand is now fuelling the rate increase this year.

Aviation
Jazeera Airways listed in 2023 Best Workplaces in Asia

Jazeera Airways listed in 2023 Best Workplaces in Asia

Jazeera Airways, Kuwait’s leading low cost carrier has been selected by Great Place To Work® for the 2023 Best Workplaces in Asia™ list. Great Place To Work® is the global authority on workplace culture that

Outbound
TAT, AIS 5G launch ‘Welcome Back to Thailand’ campaign to offer 1mn sim cards for visitors

TAT, AIS 5G launch ‘Welcome Back to Thailand’ campaign to offer 1mn sim cards for visitors

The Tourism Authority of Thailand (TAT) in partnership with AIS 5G has launched a ‘Welcome Back to Thailand’ campaign offering specially-branded ‘Amazing Thailand SIM’ card with a one-day trial of 8GB max speed internet, and

Aviation
Air India to start non-stop flight between Kolkata and Bangkok from Oct 23

Air India to start non-stop flight between Kolkata and Bangkok from Oct 23

Air India is set to introduce non-stop flight service between Kolkata and Bangkok from October 23, 2023. In its official statement, the airline said, “AI322 will depart Kolkata at 2200 hrs to reach Bangkok at

Hotels & Resorts
Airbnb contributes USD 920mn to India’s GDP in 2022  with Goa ranking as top destination

Airbnb contributes USD 920mn to India’s GDP in 2022 with Goa ranking as top destination

Airbnb, an online marketplace based in the United States specialising in short- and long-term homestays and experiences, made a substantial contribution to India's Gross Domestic Product (GDP) in 2022, amounting to over USD 920 million.

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