TravelBiz Monitor: India travel news, travel trends, tourism

Vietnam may allow visa-free entry for Indians

By TBM Staff - Mumbai Tuesday, 21 November 2023, 9:35 AM 237

After Sri Lanka and Thailand, Vietnam may be the next country to allow visa-free entry for Indians, according to a report by the Vietnamese news agency VnExpress. Minister of Culture, Sports and Tourism Nguyen Van Hung has called for short-term visa waivers for major markets like China and India to drive tourism recovery. At a […]Continue Reading

Travel & tourism sector deal activity down globally by 33% YoY in Q1-Q3: GlobalData

By TBM Staff - Mumbai Friday, 13 October 2023, 10:00 AM 603

A total of 558 deals were announced in the travel and tourism sector globally during the first three quarters of 2023, which was a decline of 33% compared to the announcement of 833 deals during the same period in 2022, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals […]Continue Reading

Deal activity in T&T industry declines 36.2% YoY during Jan-Aug 2023: GlobalData

By TBM Staff - Mumbai Wednesday, 20 September 2023, 1:00 PM 579

The global travel and tourism industry experienced a notable decline in deal activity during January-August 2023, marking a substantial year-on-year (YoY) decrease of 36.2% compared to the same period in 2022. This decline spanned various deal types, including mergers and acquisitions (M&A), private equity, and venture financing, with economic uncertainties and Continue Reading

Outbound Top Stories

Destination DC records 21.9 million visitors; launches new advertising campaign

By TBM Staff - Mumbai Wednesday, 13 September 2023, 11:00 AM 747

India emerges as number three international market for 2022 Against the backdrop of a fresh advertising campaign, Destination DC (DDC), the official destination marketing organization for Washington, DC, announced visitation is trending towards a return to pre-pandemic levels. In 2022, the city welcomed 21.9 million visitors, including 1.2 million international visitors. Continue Reading

Outbound Top Stories

France to increase tax on air tickets to fund railway expansion

By TBM Staff - Mumbai Wednesday, 16 August 2023, 2:00 PM 754

The French government is set to finance an expansion and improvement of its rail sector to the tune of EUR 100 million (USD 110 million). This will be done by increasing the tax on airline tickets. The French Transport Minister, Clément Beaune, told the radio station RMC that people often say they are surprised by […]Continue Reading

France announces 5-year Schengen visa for Indian alumni

By TBM Staff - Mumbai Friday, 11 August 2023, 10:30 AM 1043

France has announced that the Indian students who have even spent just a semester in their country are now eligible for a 5-year short-stay Schengen visa. “France believes that when an Indian student spends even just a semester in France, it creates a connection that ought to be fostered and cherished. That is why, Indian […]Continue Reading

Vietnam may allow visa-free entry for Indians

Travel & tourism sector deal activity down globally by 33% YoY in Q1-Q3: GlobalData

Deal activity in T&T industry declines 36.2% YoY during Jan-Aug 2023: GlobalData

Destination DC records 21.9 million visitors; launches new advertising campaign

France to increase tax on air tickets to fund railway expansion

France announces 5-year Schengen visa for Indian alumni

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