Intrepid Travel is focusing on India as a key destination in its 2030 strategy, aiming to bring in 30,000 travelers to the country by that year. The company has been operating in India for almost two decades and had set a goal of welcoming more than 12,000 travelers in 2024, marking a return to pre-pandemic numbers. Intrepid Travel founder Darrell Wade expressed interest in potentially playing a role in India’s domestic travel market by 2030, expanding its offerings beyond typical tourist circuits to provide a more diverse range of experiences for travelers.
The summer flight schedule for Indian airlines shows a 6% increase in weekly domestic flights compared to the previous year. Budget carriers like IndiGo and Akasa Air are planning to increase their number of flights, while airlines like SpiceJet are cutting down on weekly departures. The schedule includes 125 airports, with Indian carriers operating nearly 2,000 weekly international flights to 37 countries from 27 domestic airports. This increase in flight capacity is expected to support the growth of tourism in India and facilitate travel for both domestic and international visitors.
Singapore is easing visa norms for Indian travelers and expecting an influx of 1.5 million tourists from India. The country is working on improving its hospitality infrastructure, including adding 9,000 new hotel rooms to accommodate the anticipated increase in visitors. The Singapore Tourism Board has not set a specific target for Indian travelers, but it anticipates a 36% growth in tourist arrivals from India in 2024, surpassing the pre-pandemic numbers. This move is part of Singapore’s efforts to attract more visitors and boost its tourism industry.
SpiceJet has settled liabilities worth $91 million with Export Development Canada, marking a significant step in the airline’s financial restructuring. The carrier has reached settlement agreements with leasing companies to clear debts and restore its grounded fleet to full capacity. IndiGo, India’s largest airline, is looking to double in size by 2030 by adding more international routes and destinations to its network. The company aims to boost its global presence through partnerships with other airlines and the introduction of new aircraft like the A321 XLR to their fleet.
Hyatt Hotels has announced the opening of six new hotels in India in 2024, expanding its presence across three different brands. The new hotels include two Hyatt Regency properties in Kasauli and Ghaziabad, as well as Hyatt Place hotels in Aurangabad and Haridwar. Hyatt Centric hotels in Ballygunge Kolkata and Hebbal Bengaluru are also in the pipeline for this year. The company recently launched its ninth brand in India with the opening of Ronil Goa under the JdV by Hyatt brand, showcasing its commitment to growth and expansion in the region. Additionally, Hyatt is set to open a new hotel in Bangladesh, marking its entry into the Southwest Asian nation.
