TBM Staff - Mumbai
The Indian hospitality sector anticipates substantial revenue growth of 7-9% in the upcoming financial year 2024-25, according to a report published by Investment Information and Credit Rating Agency (ICRA). Domestic leisure travel, Meetings, Incentives,
TBM Staff - Mumbai
Domestic airlines’ passenger traffic is estimated to grow at 8-13% in the 12 months from April to touch 145-150 million (14. 5 crore to 15 crore), which is much higher than the pre-Covid levels, said
TBM Staff - Mumbai
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
TBM Staff - Mumbai
Credit ratings agency Icra revised upward its projection of international air passenger traffic at Indian airports at 80-85 per cent of the pre-pandemic volumes during this fiscal. The volume of such travellers has already touched
TBM Staff - Mumbai
Domestic air passenger traffic is estimated to have logged an 83 per cent growth year-on-year at 10.5-million in April as Covid-19 infection cases waned, leaving a gap of just 5 per cent when compared to
TBM Staff - Mumbai
Near to normalcy in airline operations due to the waning impact of the pandemic resulted in a sequential growth of ~37% in domestic air passenger traffic to ~106 lakh in March 2022 compared to ~77
