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Airbus records dip of 7% YoY with EUR 12.7 bn revenue in Q1 2026

Airbus records dip of 7% YoY with EUR 12.7 bn revenue in Q1 2026

Airbus has reported its consolidated financial results for the First Quarter (Q1) ended March 31, 2026, showing a dip in revenues primarily due to fewer commercial aircraft deliveries. “The operating environment remains dynamic and complex. We are closely monitoring the potential impact from the fast-changing situation in the Middle East,” said Guillaume Faury, Airbus Chief Executive...

Rocket Travel by Agoda highlights shift to broader distribution channels

Rocket Travel by Agoda highlights shift to broader distribution channels

Rocket Travel by Agoda, Agoda’s strategic partnerships arm, shared key insights on the evolving landscape of travel distribution at its inaugural partner summit, VANTAGE’26. Drawing on themes discussed across the summit’s keynotes, the company highlighted how travel now has a wide range of distribution entry points, with demand being influenced not only by traditional travel channels, but...

ITC Hotels signs 100-key Fortune brand hotel in Vrindavan

ITC Hotels signs 100-key Fortune brand hotel in Vrindavan

ITC Hotels Limited announced the signing of a new 100 keys hotel under its Fortune Hotels brand in Vrindavan, Uttar Pradesh further expanding its footprint in the state. With this signing ITCHL will now have a combined presence of 17 properties in Uttar Pradesh encompassing upcoming projects and operating hotels across its various brands including Welcomhotel Prayagraj, WelcomHeritage...

MoCA unveils 2nd phase of FTO ranking

MoCA unveils 2nd phase of FTO ranking

The Ministry of Civil Aviation (MoCA), led by Minister Ram Mohan Naidu, has released the second phase (April 2026) ranking of Directorate General of Civil Aviation (DGCA) Approved Flying Training Organisations (FTOs). This data-driven ranking system, first introduced in October 2025, is a key reform aimed at strengthening training standards, enhancing safety, and promoting accountability...

Le Méridien debuts in Surat with 185-key property

Le Méridien debuts in Surat with 185-key property

Le Méridien Hotels & Resorts, part of Marriott Bonvoy’s global portfolio of over 30 hotel brands, announced the opening of Le Méridien Surat, marking the brand’s debut in city and second brand hotel in Gujrat. Set along the banks of the Tapi River, the hotel offers a thoughtfully designed stay that encourages guests to savour each moment, connecting with local culture and curated culinary...

Disruptions becoming the ‘new normal’?

Disruptions becoming the ‘new normal’?

Despite the complexities and current crisis, the overarching sentiment is largely optimistic. With India’s travel and hospitality sector currently contributing around 5–6% to GDP and projected to reach 10% in the coming years, the industry is poised for significant expansion. The industry experts couldn’t agree more.

EY-FICCI report urges 9% GST reduction for premium stays to boost India’s global competitiveness

EY-FICCI report urges 9% GST reduction for premium stays to boost India’s global competitiveness

Ernst & Young LLP (EY India), in collaboration with the Federation of Indian Chambers of Commerce & Industry (FICCI), in its latest report “Reimagining Inbound Tourism in India: Trends, Technology & Transformational Opportunities – Towards Incredible India 4.0,” has proposed a revised Goods and Services Tax (GST) structure for hotel accommodations, recommending a reduction in the higher...

77% of Indians are confident to travel this summer: Skyscanner

77% of Indians are confident to travel this summer: Skyscanner

Skyscanner recently released its Smarter Summer travel 2026 report, which reflects that despite a backdrop of uncertainty, summer travel is still on for many, with 77% of Indians confident about travelling in the next 3 months. Nearly 9 in 10 Indians are planning or have already booked their Summer 2026 holiday. With only about 38% yet to book their summer holidays, but are actively looking...