However, the trajectory for the recovery in international departures is not linear across regions or countries
GlobalData
Posted inOperations
Why are global F&B brands keen to enter India?
From Tim Hortons to Figaro's Pizza, these leading brands are making a beeline for the country
Posted inOperations
Target millennial, Gen Z travelers with low cost off-peak travel options to drive future demand
GlobalData also suggested that off-peak trips can also offer higher levels of authenticity and personalization
Posted inOperations
Deal activity in the travel and tourism sector down by 2% in February 2022: GlobalData
The number of M&A deals decreased by 15.9% while the number of venture financing and private equity deals increased by 47.1% and 8.3%, respectively, in February
Posted inBusiness
Online travel market set to reach $765.3 bn by 2025: GlobalData
COVID-19 accelerated digitisation in travel and tourism industry, which is expected to grow at 8% CAGR from 2022 to 2025
Posted inBusiness
Travel and tourism industry sees 1,080 deals in 2021: GlobalData
1,080 deals were announced in the global travel and tourism sector during 2021
Posted inBudget Wishlist
India’s budget deficit to narrow down to 5.3% of GDP in FY22: GlobalData
With the expected higher tax and non-tax revenue collection, it forecast the revenue and expenditure to grow by 13.4% and 9.3% respectively in 2022.
