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77pc of Indian businesses to increase travel budget in 2023: Report

By TBM Staff - Mumbai Monday, 20 March 2023, 10:00 AM 325

With business travel across domestic and international markets showing a rebound after post pandemic , majority of Indian business ( 67%) expect a rise in business travel in 2023 and 77% of business are expecting to increase their travel budget in 2023 as compared to 2022. These findings have been revealed in the business and […]Continue Reading

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VietJet to start direct flights to Melbourne from March 31

By TBM Staff - Mumbai Thursday, 12 January 2023, 5:00 PM 183

VietJet will start direct flights connecting Ho Chi Minh City (HCMC), Vietnam with Melbourne, Australia from March 31, 2023. The first flights connecting HCMC and Melbourne will be operated with an initial frequency of three flights per week. An increase in operation can be expected to seven flights per week from December 2024 onwards when […]Continue Reading

REUTERS

Hotels & Resorts Top Stories

Airbnb Shuts Down Business in China, Withdrawing 150,000 Listings

By TBM Staff - Hyderabad Saturday, 28 May 2022, 4:45 PM 649

Airbnb will shut down its listings in China after two years of lockdowns in the country “with no end in sight,” according to a source familiar with the matter. The home-sharing company made the decision over a decline in business in the world’s second largest economy, and “costly and complex” operation constraints worsened by the […]Continue Reading

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India biz back at 2019 levels: Booking.com

By TBM Staff - Mumbai Thursday, 26 May 2022, 1:30 PM 482

According to a report in The Hindu Business Line, long stays between 3 and 7 days account for 54 per cent of the global searches while stays above 8 days account for 20 per cent of the searches on travel portal Booking.com. The portal’s India business is back at 2019 levels, and is already “moving […]Continue Reading

Thomas Cook (India) Ltd. (TCIL)

Hotels & Resorts Top Stories

Thomas Cook India witnesses strong recovery in India’s MICE business

By TBM Staff - Hyderabad Friday, 26 November 2021, 11:51 AM 985

The pandemic brought the MICE (Meetings, Incentives, Conference and Exhibitions) sector to a standstill for most of 2020. To stay connected with its key MICE stakeholders, Thomas Cook (India) Limited – India’s leading integrated travel and travel related financial services company, transformed its business into a digital model – delivering over 100 virtual Continue Reading

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The Rug Republic acquires The Glass Villa Goa, enters the hospitality business with exquisite villas

By TBM Staff - Hyderabad Wednesday, 17 November 2021, 4:02 PM 840

Floor-fashion brand, The Rug Republic (TRR) has added another feather in its multicoloured hat. It has ventured into the hospitality business with a difference by acquiring the famous Glass Villa in Goa. Surrounded by lush green fields and the sparkling backwaters of Nachinola, The Glass Villa rises from the centre of a 25,000-square-foot plot of […]Continue Reading