Mumbai-headquartered Viacation Tourism Private Limited is keen to expand its presence across 100 locations in India in the coming 3 years. Talking about this, Jatinder Paul Singh, Global CEO & Co-founder, Viacation Tourism Pvt. Ltd., said, “Over a period of 2-3 years, we want to have close to 100 outlets across India. Our idea is to build as a home grown full-fledge brick and mortar travel services company, pan India. Barring one or two, there is not a global Indian travel brand. We intend to claim the space over time since we know the business and understand the pain points.…
Author: Disha Ghosh
In an effort to establish the state as India’s top tourist destination, the Uttar Pradesh (UP) government is set to promote the state’s tourism hotspots at major airports across the country. While Uttar Pradesh’s tourist attractions are already showcased at various locations within the state, the initiative is now being expanded to include major airports nationwide. Initially, the ‘Brand UP’ campaign will be promoted at five major airports, with plans for further expansion. Large display boards will be strategically placed at the arrival and departure areas of both international and domestic terminals in Delhi and Mumbai airports, highlighting the state’s…
The Assam government has distributed sanction letters to 34 tea gardens as part of the second phase of its Tea Tourism Development Scheme. The initiative aims to promote tea tourism in Assam by leveraging the state’s rich tea heritage. The letters were handed out by Assam Tourism Minister Jayanta Mallabaruah. “Today, I had the pleasure of distributing sanction letters to 34 selected tea gardens under Phase II of the Assam Tea Tourism Development Scheme,” Minister Mallabaruah announced on X. He noted that this move marks a significant step toward transforming Assam into a world-class tea tourism destination. Meanwhile, Assam Chief…
Rakesh Gangwal, Co-founder and Promoter of IndiGo, is set to sell a significant portion of his equity stake in InterGlobe Aviation, the parent company of IndiGo, worth up to INR 10,300 crore, according to reports. This sale could involve offloading approximately 5.5% of the family’s total stake in the airline. The block deal is likely to be executed at an indicative price of INR 4,593 per share, representing a 5.5% discount to the previous closing price. As of June 2024, Gangwal holds a 5.89% stake in IndiGo, while his wife, Shobha Gangwal, and JPMorgan Trust of Delaware collectively own 13.49%,…
The World Travel & Tourism Council (WTTC) has appointed Gaurav Bhatnagar, Joint Managing Director and Co-Founder of TBO.com, as Regional Vice Chair for India. This appointment is a significant step for WTTC’s strategy in India, reflecting the organisation’s commitment to strengthening its presence and influence in one of the world’s fastest-growing Travel & Tourism markets. Julia Simpson, President & CEO, WTTC, said, “India’s Travel & Tourism industry is poised for significant growth, and having a leader like Gaurav as our latest Regional Vice Chair for India will be instrumental in realising our vision for the region. We are excited to…
Oman has emerged as a favourite destination for Indian tourists, with their number rising to more than 6 lakh last year, an increase of 70 per cent over the previous year, according to Azzan Qassim Al Busaidi, Undersecretary of the Oman Ministry of Heritage and Tourism. We hope to surpass the number this year, Al Busaidi told PTI in Mumbai on Thursday. The closeness and proximity between Oman and India makes one feel almost at home, he added. This momentum shows no signs of slowing, with the first five months of 2024 already seeing a 15 per cent increase in…
The Airports Authority of India (AAI) is set to launch a significant renovation project at Pune Airport’s Old Terminal Building to boost passenger capacity and modernise facilities. The move is part of AAI’s nationwide plan to upgrade airport infrastructure and enhance the overall travel experience for passengers. AAI announced the project in a tweet, stating, “The Airports Authority of India is advancing on a transformative journey to redefine and enhance the Travel Experience for Passengers at its Airports Nationwide. In this exercise to further improve upon the travel experience of passengers at Pune Airport, the organisation has invited tenders from…
Agoda’s latest Return Visitor Ranking reveals that 67% of Indian travellers return to their favorite destinations. The ranking, which was compiled from a survey conducted on the Agoda platform earlier this month, shows Thailand, Vietnam, and Indonesia are leading the pack as the ultimate hotspots for returning visitors from India, followed by Singapore and France. Agoda surveyed travellers who just booked a new trip to their favourite destination. The largest group of respondents from India (42%) cited ‘Adventure’ as the main purpose for their upcoming trip. 22% is traveling for ‘Food’, while ‘Arts and Culture’ and ‘Reuniting with Family/Friends’ were…
The Rajasthan government is set to launch a policy to promote medical tourism, aiming to position the state as a premier destination for healthcare services. The proposed policy, titled “Heal in Rajasthan,” seeks to attract both domestic and international tourists by leveraging the state’s robust healthcare infrastructure and rich cultural heritage. An official from the state’s medical and health department stated, “We have started to seek views on the policy and have organised sessions with both private and government doctors and medical colleges.” The policy is expected to create significant investment and employment opportunities, benefiting not only the healthcare sector…
Flight Centre Travel Group (FCTG) has issued its full year results for FY24 to the Australian Securities Exchange. Flight Centre Travel Group has delivered an AUD 320 million underlying PBT for 2024 fiscal year (FY24) – the result is a 131 per cent increase on the AUD 139 million FY23, and is at the mid-point of FLT’s guidance range. Total Transaction Value (TTV) reached a record AUD 23.74 billion, slightly above the AUD 23.7 billion FY19 result and a circa AUD 1.8 billion year on year increase, with both corporate and leisure businesses delivering more than AUD 1 billion year…
