
India's Airlines Add to Passenger Care as Flight Time Rises
India 's airlines will have to take extra measures to ensure passenger comfort, adding to their costs, as flying time for westerly flights has increased after Pakistan closed its airspace for India-owned and operated airlines.
Airlines shall carry adequate meals, beverages 'emergency medical support,' on board and provide ground ambulance facilities at refueling stops, the Director General of Civil Aviation, India's regulator, said in an email communication to operators Saturday.
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Forbes
5 hours ago
- Forbes
India's Hotel Dream: Why Tech And Demand Are Driving The Story
Sanjay Ghare, Founder & CEO, Vervotech (A Constellation Inc. company), Investor in Travel startups. From my experience, having observed the global travel industry for decades, I can say that India's hospitality sector is not just experiencing growth—it is demonstrating an upward trajectory whose base was prepared by many stakeholders. This story has many heroes; I'll discuss each in greater detail. Before I move to that, the reality of the day is that India's accommodation industry is expected to reach an INR 1 trillion valuation ($11.7 billion) by the end of this financial year, with projections extending to INR 1.1 trillion ($13 billion) by 2026-27, supported by a CAGR of 10.5%. This trajectory is not accidental. It is a cumulative outcome of growing domestic demand, conscious effort from the government and an obvious tech ecosystem in the country that has fundamentally changed the dynamics of the industry. The Demand Story: A Multichannel Push What often remains under the radar in most external analyses is the significant impact of the "New Indian Traveler." Domestic tourism is no longer merely a contributor; it has become the primary contributor, accounting for a substantial 50% of incremental revenue in the hospitality sector. This internal demand base provides a strong resilience, protecting the industry from the volatility of global economic or geopolitical upheavals (wars, sanctions, pandemics, etc.). While international tourist arrivals have also shown a strong recovery, reaching 9.24 million in 2023 (per the latest government data available), the sheer scale of domestic engagement has been the key highlight. Also, the industry's thoughtful diversification into other high-value segments—meetings, incentives, conferences, and exhibitions (MICE), spiritual tourism, and medical travel—has also played a critical role. The MICE sector alone is projected to more than double from $49.4 billion in 2024 to $103.7 billion by 2030. Additionally, India's Medical Value Travel sector, valued at $7.69 billion in 2024, is also attracting millions of foreign patients, with projections indicating a market size of $16.21 billion by 2030. This multi-segment approach ensures the market remains attractive for investments and revenue channels remain fairly stable. 'Ease Of Doing Business' Dividend: The Sovereign Push As I mentioned earlier, the government has consciously tried to create favorable policies. From an investor's perspective, the Indian government's role is no longer just limited to regulation; the industry now sees it as a proactive strategic partner. Over the years, they have cultivated an environment conducive to investment and growth. The policy permitting 100% foreign direct investment (FDI) under the automatic route in the hotel and tourism sector is a clear signal of intent to create a conducive environment for businesses in the industry. The move eases the investment process by removing the requirement for prior government approval, given investments adhere to established regulatory norms. It has been instrumental in attracting capital for infrastructure development and improving service standards to meet global expectations. The Digital Backdrop: The Role Of B2B Solutions And OTAs One part of this growth story that cannot be undermined is the country's sophisticated digital ecosystem that supports the operational efficiency and expansive market reach of India's hotel industry. B2B solutions—including global distribution systems (GDSs), bedbanks, central reservation systems (CRSs), channel managers and mapping solutions—all have played a significant role. These technology players support travel agents, aggregators and tour operators with the centralization of travel content distribution, management of real-time pricing, and automation of complex domestic and cross-border transactions. This digital infrastructure is critical for hotels to manage complex distribution networks and revenue streams. Online travel agencies (OTAs), while often seen through the lens of commission structures, play an undeniable and extremely crucial role in distribution. Without them, this demand can't be realized. Platforms like MakeMyTrip, EaseMyTrip, Cleartrip and Yatra dominate the Indian OTA market. They function as primary "discovery engines" within the travel ecosystem. Obviously, their substantial marketing budgets, which are usually much larger than those of individual hotels, ensure exceptional visibility for hotels on major search engines. The Next Phase: AI, LLMs And Depth The current growth trajectory is definitely impressive, but in my opinion, it is merely a warmup to the next phase, which will be bigger and better and will be defined by intelligent automation and a prominent shift toward conscious travel. While the adoption of advanced AI in the Indian hotel industry remains limited to foundational systems, its transformative potential is yet to emerge. Over the next five years, as I see it today, the industry is poised for a significant deepening of technological integration, with large language models (LLMs) at the center of everything. You can foresee LLM-powered concierge services that predict guest needs, customizing everything from room temperature to dining recommendations based on deeper analysis of past preferences and their real-time behavior. Generative AI will facilitate dynamic content creation at scale for marketing and guest communication, enabling highly customized, personalized guest interactions. All of it together will lay the foundation for the next generation of growth, which will be massive. Conclusion India's hotel industry's growth story thus far is more than a numerical milestone; it is rooted in execution and a well-thought-out strategy to generate sustainable demand. The INR 1 trillion valuation is a telling testament to the effort that has gone into generating robust domestic demand, a strategically enabling and supporting government, and a rapidly evolving technological ecosystem in the country, along with the technology entrepreneurs who have dared to see the big picture. As AI, particularly LLMs, becomes more deeply embedded in the ecosystem, the industry will be open to the next levels of personalization, operational efficiency and sustainability. India is not just a market; it is a compelling case study of how strategic foresight, policy alignment and technological adoption can come together to create magic in terms of demand and growth in any industry. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?


Entrepreneur
10 hours ago
- Entrepreneur
JSW Ventures Leads INR 40 Cr Round in Villa Rental Platform StayVista
The funds will be used to expand operations, strengthen the team, and enhance customer experience. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. JSW Ventures, the venture capital arm of the JSW Group, has led an INR 40 crore investment round in villa rental platform StayVista, with participation from existing backers DSG Consumer Partners and Capri Global Family Office. The funds will be used to expand operations, strengthen the team, and enhance customer experience, according to the company's official statement. Founded in 2019 by Ankita Sheth, Amit Damani, and Pranav Maheshwari, StayVista offers a curated selection of luxury villa rentals, primarily comprising second homes owned by individuals. The company currently operates 1,000 properties across 85 locations, having served over 1 million customers to date. "StayVista is the largest player in the space and is well-positioned to benefit from the growing demand for alternative accommodations," said Sachin Tagra, Managing Partner, JSW Ventures. "It's a capital-efficient business with significant growth potential." Co-founder Pranav Maheshwari added, "We aspire to make StayVista not just India's largest villa hospitality brand, but also the go-to platform for alternative accommodations." StayVista's model provides a win-win for both homeowners and travelers, allowing property owners to monetise their second homes while offering unique stay experiences. The Indian vacation rental market, currently valued at USD 22.3 billion, is projected to grow at 9% annually, reaching USD 34.1 billion by 2029, driven by rising disposable incomes and flexible work trends. JSW Ventures focuses on early-stage investments in tech-led startups, with a portfolio spanning healthtech, agritech, fintech, and AI-powered enterprise solutions.


Skift
12 hours ago
- Skift
Travel is India's Biggest Global Spending Category: Here's How Much They Spent
India's monthly international travel spending is crossing $1 billion consistently. As Indian travelers prioritize experiences and loosen purse strings, destinations worldwide are racing to capture this high-value market. Indian travelers spent nearly $1.3 billion on international travel in April 2025. This is a 10% increase year-on-year and 13% higher than March, according to data from India's central bank Reserve Bank of India. Travel accounted for over 51% of the total international spending by Indians during April, while in March this was around 44%. The monthly international travel spending of Indians has consistently exceeded $1 billion, with it having reached $1.1 billion in February and $1.13 billion in March. In fiscal year 2024, Indians spent a record $31.7 billion abroad. International travel accounted for 54% of this spending amounting to $17 billion. In the 2025 fiscal year while total overseas spending dipped to $29.5 billion, travel spending remained steady at $16.9 billion, signaling a stabilized international travel spending pattern post-Covid. Notably, in August 2024, Indians spent over $2 billion on international travel, accounting for nearly 63% of that month's $3.2 billion in foreign spending. Who's Driving This Surge? India is becoming a fast-growing source of outbound tourism, according to a McKinsey report released last year. 'They are developing fast-growing pools of first-time tourists,' the report said. According to travel spending among Indians is expected to go up from $150 billion in 2019 to $410 billion by 2030. It added that while outbound trips accounted for 1% of the total trips in 2023, these trips contributed to 25% of the total expenditure. The online travel company expects this to increase to 35% by the end of the decade. Post-Covid, India's travel journey has been driven by its rising middle class, characterized by a young population with increasing spending power. According to Skift Research's 2025 Travel Outlook Survey, travelers from India and China are most likely to say they'll be on the move this year. India also has a significant lead over other destinations in terms of anticipated travel spending in 2025, it added. Experiences are a key part of this surge in travel. 'Once considered a luxury, travel has become a source of wellbeing and a way to gather unique experiences, which may constitute shopping, activities or even culinary experiences,' a recent report by consulting firm EY said. American Express India also made a similar observation. 'From shopping for local and handmade goods, making a special trip for a luxury purchase or attending concerts and sporting events, Indian travelers are prioritizing unique experiences in 2025,' it said. The report noted that the average length of stay among Indians increased by one day for domestic trips and two days for international trips in 2024 as compared to 2022. It further added, 'Indian traveler spending continues to grow with greater willingness to invest more in travel experiences. 80% of travel service providers have noticed increased travel budgets since 2022, with a quarter observing a rise of over 20%.' The most significant budget increase has been in international travel, followed by niche trips, EY said. Indians were spending on international trips approximately four times that of domestic travel, despite budget hotels being more popular among Indian tourists for their global adventures. EY also projected that the rise of short-haul destinations will lead to international travel growing at 18-20%. Destinations Bet on Indians The Indian traveler's growing appetite for international travel is making the country an increasingly attractive source market for global destinations. In 2024, India became the second-largest overseas market for the U.S., with 2.2 million Indian visitors. U.S. destination marketing organizations are prioritizing India, citing strong spending potential. 'There is big money,' Liz Bittner, president and CEO of Travel South USA told Skift. She noted that 290,000 Indians visited the southern U.S. in 2024, spending $450 million. In 2025, that figure is projected to rise to $507 million from 314,000 travelers, nearly 150% more than pre-Covid levels. Australia is also seeing a surge in Indian arrivals. In 2024, 443,000 Indians visited the country, a 12% year-on-year increase, their spending jumped 17%, Skift reported earlier this year. Nights spent by Indian travelers in Australia rose nearly 34%, reflecting deeper engagement. Tourism Australia credits a simplified visa process for this growth. 'The Australia visa these days is the easiest and simplest thing,' said Nishant Kashikar, country manager for India and the Gulf. 'No biometrics, no personal interviews, no physical document submission, including your passport. The entire process is digital.' Japan has also seen record-high Indian arrivals this year, supported by improved air connectivity. Across Southeast Asia, Indian tourism is booming as countries ease visa restrictions. According to travel platform Agoda, countries like Malaysia, Palau, the Philippines, and Sri Lanka — where visa processes have been simplified — have seen a clear uptick in interest. Agoda noted this trend by comparing accommodation searches between July–December 2024 for travel in January–May 2025 with the same period the previous year.