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Global T&T deals down by 38& YoY during H1, 2023: GlobalData

Global T&T deals down by 38& YoY during H1, 2023: GlobalData

A total of 365 deals (mergers & acquisitions, private equity, and venture financing deals) were announced in the travel and tourism sector globally during the first half (H1) of 2023, which was a decline of

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41% surge in airfares likely to slow down long-term aviation recovery

41% surge in airfares likely to slow down long-term aviation recovery

According to the Airports Council International (ACI Asia-Pacific), India has recorded the highest surge in airfares among other countries in the Asia Pacific and Middle East regions. The rise in airfares in India, which stands

Aviation
SpiceJet India’s most-delayed airline in May: DGCA report

SpiceJet India’s most-delayed airline in May: DGCA report

A DGCA report has shown that in the month of May only 61% of SpiceJet’s flights departed on time from India’s four biggest airports, namely Mumbai, Delhi, Bengaluru and Hyderabad. This has fallen from the

Outbound
India’s outbound passenger number doubles in January-March 2023

India’s outbound passenger number doubles in January-March 2023

India’s international passenger numbers have almost doubled during the first three months of 2023, compared to the same period in 2022, data from the Airports Authority of India (AAI) has shown, with travel agents attributing

Outbound
India Ranks Second in International Arrivals to the USA in May 2023

India Ranks Second in International Arrivals to the USA in May 2023

The latest figures released by the United States National Travel and Tourism Office (NTTO) in May 2023 revealed that India has become the second-largest international source market (excluding Canada and Mexico) for tourist arrivals to

Inbound
‘India must pull out all stops to realise its potential in Medical Tourism’

‘India must pull out all stops to realise its potential in Medical Tourism’

At a Wellness & Medical Value Tourism Conclave organised by the Indian Chambers of Commerce (IMC) at their Mumbai headquarters yesterday, panellists at a group discussion were unanimous in their opinion that India at large

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