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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.

Hotels & Resorts
Hotel industry to contribute $1.5 tn to GDP by 2047

Hotel industry to contribute $1.5 tn to GDP by 2047

The Indian hotel market has significant growth opportunities and is poised to contribute $1,504 billion to the country’s overall gross domestic product (GDP) by 2047, from $65 billion in 2022, suggests a report by the

Aviation
Govt declines United-Emirates code-share on India routes

Govt declines United-Emirates code-share on India routes

The Indian government has declined permission for United Airlines to code-share with Emirates on routes originating from India, citing the absence of a traffic rights agreement between India and Dubai for these routes, BW Business

Outbound
Vision 2030: 100mn tourists annually; WTTC commits over USD 10bn investments to Saudi Arabia at Global Summit

Vision 2030: 100mn tourists annually; WTTC commits over USD 10bn investments to Saudi Arabia at Global Summit

The recently concluded WTTC Global Summit brought the global spotlight on the host country, the Kingdom of Saudi Arabia (KSA). World tourism leaders and members of WTTC have pledged investment worth USD 10.5 billion in

Top Stories
India T&T sector to post annual growth rate of over 10% during 2019-28: IBEF

India T&T sector to post annual growth rate of over 10% during 2019-28: IBEF

The travel and tourism industry's direct contribution to India's Gross Domestic Product (GDP) is expected to post an annual growth rate of 10.35 per cent between 2019 and 2028, according to a report by the

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