Oct 03
Sep 2019 Monthly travel and hospitality roundup

Monthly Travel & Hospitality Roundup: September 2019

Hi All!


We are back with our Monthly Travel & Hospitality Roundup, where we bring you the most interesting and relevant news from the hospitality and travel industry to keep you updated. 

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HOSPITALITY

Thomas Cook collapses, Ending 178-Years Reign in the Travel Business

Thomas Cook, one of the most well-known and oldest brands in global travel, filed for bankruptcy early Monday UK time, ceasing operations for vacations, bookings, and flights Continue Reading…

Rebranding provides hotels ample room to boost occupancy, realization

Hospitality unicorn OYO is among the latest to join the list of hotel properties engaging in re-branding by converting the Hooters Casino Hotel in Las Vegas, US. While standalone hotels tend to Continue Reading…

TRAVEL

GST Reduction On Hotels To Spurt The Tourism Growth

Addressing the media before the inauguration of 2nd India Tourism Mart 2019, Prahlad Singh Patel, Union Minister for Culture & Tourism (IC) said that the GST rate cut on hotel accommodation service will boost the tourism sector. He said that the decision of the GST Council Continue Reading…

SpiceJet eyes USD 10 billion-plus Airbus deal

SpiceJet is weighing an order for at least 100 Airbus planes as Boeing grapples with the fallout over its grounded 737 MAX. The budget carrier, a major global customer for the MAX, may buy a sizable number of Airbus A321LR and XLR jets to accommodate a Continue Reading…

OTA

Oyo is successful because of its business model: CEO Ritesh Agarwal

Ritesh Agarwal, founder, and chief executive of Oyo Rooms, one of the country’s most popular unicorns—or rather decacorns (startups with $10 billion in private market valuation)—insists the credit for the success Continue Reading…

How MakeMyTrip is positioning itself to be a super app for travel  

Co-founder and CEO of MakeMyTrip, Rajesh Magow is on a new mission to convert what he started in 2000 along with Deep Kalra into a travel super app. By 2020, Magow Continue Reading…