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ICRA expects the Indian aviation industry to report a net loss of INR 170- 180 billion in FY2026. Earlier, ICRA had projected the net losses to narrow to INR 110-120 billion in FY2027 owing to growth in passenger traffic.
With 43 international buyers from 22 countries, 42 domestic buyers and over 80 sellers participating in the 14th International Tourism Mart in Tawang, Arunachal Pradesh, the Centre is looking to convert the region’s growing domestic tourism demand into international business opportunities.
Onora Hospitality announced the signing of a 50-key conversion property at Kachi Ghati in Shimla under its ‘jüSTa Hotels & Resorts’ brand. This marks another step in the brand’s expansion across key leisure destinations in North India. The property is expected to be launched in February 2027 and it will be the sixth jüSTa property in Himachal Pradesh.
Cognizant (NASDAQ: CTSH) and Travelport announced the next phase of their strategic partnership, committing to a single objective: making Travelport the first truly AI-native platform in global travel retailing. Together, Cognizant and Travelport will reportedly modernise platforms, engineering practices and operational workflows to create an AI-native ecosystem that enables faster innovation...
Announced on November 1, by Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, the initiative, named Dubai Access Club, is positioned as a first-of-its-kind tourism membership programme.
