Transformation into a new Sabre

Sabre Corporation, the leading software and technology company that powers the global travel industry, announced that it is taking critical steps to…

Pivoting strategy will be a core business habit

Vineet Mishra, General Manager – The Ritz-Carlton, Pune & Cluster General Manager, Pune speaks to Today’s Traveller in a one-on-one on his approach to adopting new protocols to restore guest confidence as well as carve a sustainable future, regardless of the challenges. TT Bureau: As a luxury hotel in Pune, what are the challenges you face during these unprecedented circumstances? Vineet Mishra: Within this new environment, our singular goal is to provide guests and associates with the

Tripadvisor Recovery Study

Tripadvisor released the findings of a multi-month study that analyzed consumer travel sentiment and first-party behavioural data related to the ongoing pandemic. The report outlines a five-stage recovery for the travel and hospitality industry, inclusive of the period of decline created by the pandemic through the anticipated market recovery and the return of international travel.The research paper entitled “Beyond COVID-19: The Road to Recovery for the Travel Industry,” explores and identifies

IHCL REPORTS  HIGHEST FULL YEAR PAT AT RS. 354 CRORE – UP BY 24% Y-O-Y

It has been a strong showing despite the turbulence in global economies on account of the COVID pandemic. IHCL reported the highest full-year PAT at Rs 354 crore- up by 24 per cent year on year as well as the highest full-year EBITDA at Rs 1,100 crore, up by 20 per cent year on year.The Indian Hotels Company Limited (IHCL), South Asia’s largest hospitality company, reported its Consolidated and Standalone financials for the fourth quarter ending March 31st 2020, year ending March 31st

Ebix Statement on Termination of Merger Agreement with Yatra

The termination of the merger agreement between US-based software company, Ebix Inc and Online travel company Yatra Online Inc which could have created India’s largest travel services company, has sent shock waves in the travel industry. In 2019, Ebix Inc had entered into an agreement to acquire Yatra Online Inc, the parent company of online travel firm Yatra.com, for an enterprise value of USD 338 million (approx Rs 2,300 crore). Ebix Inc issued a statement on the termination of the Merger