Utilizing the prowess of technology and digitization, business and corporate sectors have been growing dramatically today, worldwide. And, business travel remains an important part of the business for carrying out of significant business functions, today. Business travels are usually paid for by the employers through the in-house travel department or external service providers, and includes a wide variety of components such as sourcing and procurement, planning & booking, account management, and measuring & reporting. In India, business travel has gained momentum as it...Read More
Given the prowess of technology and digitalization, the travel and hospitality industry has significantly evolved over the years now. Though, COVID-19 pandemic had disrupted its business flow due to various government implemented measures to curb the coronavirus swelling, the industry is bouncing back deluged with prolific demands by the tourists from across the globe. A new report expects it to cross $125 billion by 2026-27.
While the biggest trends existing for the travel & hospitality industry is established as sustainability, global...Read More
In India, the Indian tourism and travel industry have exponentially grown in the past few years, and with digitalization and technology penetrating the landscape, experience has taken the center stage in travelling choice of the millennials, and thus people's experiential approach to the industry is incessantly driving growth. Experiential travel brings along direct social benefits, right from immediate income generation to overall infrastructure development that majorly serves the aspects of sustainable travel.
According to...Read More
The hospitality industry is one of the oldest industries in the world, and its significant evolution along the years has had a prolific effect on the growth of travel & tourism industry taking the global valuation to $570 billion in 2019, and more thereafter. Even, in India, at present, the tourism sector is one of the most vibrant tertiary activities and a multi-billion industry. According to Market data forecast reports, the Global Tourism and Hospitality Market is valued to be around $9 trillion by 2027, exhibiting a CAGR of three percent during 2022-27. Contributing to...Read More
The Indian tourism industry is playing a significant role in generating employment and thereby earning revenue from foreign exchange. The sector of hospitality is a part of the travel and tourism industry and it is greatly affected by the expansion of the industry. The government has stepped forward to make India a global location for tourists for boosting the Indian hotel brands. The hotel industry in India stood at INR 5,844.81 in FY 2019 and it is expected to grow and reach INR 6,707.46 by 2024, expanding at a compound annual growth rate of 3.16 percent during the FY 2020 and...Read More
Atrain is a common choice for both short commutes and longer travels. It is a transport system connecting Indian cities and one of the most convenient modes of travel. With a low cost of tickets and convenient speed, train travel offers proper planning for tickets booked in advance. Trip planning is easy and fun for India with the interconnected railway system. The online ticketing service providers offer hassle-free services within the comfort of the travelers’ homes.
Indian railways is one of the world’s largest rail networks...Read More
