tourism – storyboard18

OYO’s European holiday homes brand DanCenter makes India debut

Oyo reported a sixfold jump in its net profit in the third quarter of fiscal year 2025

DanCenter is a Danish brand founded in Denmark in 1957, comprising 12,000 properties across Denmark, Spain, Norway, and Germany.

Centre unveils plan to develop 36 tourist destinations in 4 years: Report

In the Budget 2025 speech, Union Finance Minister Nirmala Sitharaman announced creating 50 top tourist destinations in partnership with states through a challenge mode

States will be asked to develop 36 destinations in a four-year time frame with yearly destination development goals such as garbage and congestion management

Tourism sector key to job creation and economic growth, says Amitabh Kant

Kant proposed that India should work to become a global hub for Meetings, Incentives, Conventions, and Exhibitions (MICE), pointing to the country’s advanced infrastructure such as Yashobhoomi and Bharat Mandapam. (Image source: Amitabh Kant (official website))

Kant highlighted the significant multiplier effect that tourism can have on job creation across various sectors.

Tourism Ministry announces key strategy for MICE industry; market valued at Rs. 37,576 Crore

India's outbound MICE market is one of the fastest-growing globally, reinforcing the country's potential as a leading player in the international MICE industry

International MICE events account for approximately 22 percent of the market share, and 65 percent of the events are Business to Business (B2B) in nature.

Tourism Ministry approves 40 projects of Rs. 3,295.76 Crore to develop lesser-known tourism sites

The Ministry is encouraging state governments to adopt sustainable practices and integrate advanced technologies into their tourism projects.

The approved projects are part of a broader strategy to enhance local economies, promote sustainable growth, and create job opportunities through tourism

64% of employers in travel and hospitality industry expanding workforce: TeamLease report

Booking.com has witnessed a favorable repeat direct booking behavior from consumers using mobile apps compared to direct bookings on desktop or mobile in the first quarter of 2024 (Image: unsplash)

According to TeamLease Services’ Employment Outlook Report (EOR) for first-half of the fiscal year 2025, 64% of employers in the travel and hospitality industry are expanding their workforce as they adapt to growing demand, while 19% report reductions, and 17% indicate no change in workforce size

72% of urban Indians planning domestic travel during festive season; Goa tops list: Survey

Most individuals have expressed a preference for shorter vacations during festive season.

Half of those planning trips have identified potential destinations but have not yet booked (51%), while 32% have already made their arrangements, according to YouGov survey

Thomas Cook India capitalizes on AI, spiritual tourism, and tier-2 cities to boost biz

Spiritual tourism has witnessed a boom in India and makes up 60% of the country's domestic tourism (Photo: Unsplash)

Thomas Cook India’s net profit was marginally up to Rs 73 crore in the first quarter of FY2025 from Rs 71 crore in the same period last year. The company’s standalone total income stood at Rs 788.7 crore for the quarter, up from Rs 766.28 crore in Q1 FY2024

Festive season boosts travel demand, flight bookings see 40-50% YoY increase in mid-August

Travel revival, spiritual and international travel gain popularity among Indian tourists (Photo: Unsplash)

Dehradun has witnessed a 69% YoY increase in flight bookings between 14-20 August, followed by Delhi (60%), Kolkata (58%), Bengaluru (33%), and Hyderabad (29%)

Budget 2024: Govt to boost tourism, major focus on Bihar and Odisha

Budget 2024: FM Nirmala Sitharaman announced that the Vishnupad Temple Corridor (in Gaya) and Mahabodhi Temple Corridor would be supported and modeled on the Kashi Vishwanath Temple Corridor.

Budget 2024: FM Nirmala Sitharaman said the government will support the development of Nalanda as a tourist centre besides reviving Nalanda University.