Loading...
You have Successfully logged In !
Already have an account? Login
By clicking Register you agree to the Terms & Conditions and acknowledge our Privacy Policy.
Don't have an account?Register
Enter your E-mail address below, We will send the verification code
Please enter the code send to
Didn't receive the email?Click to resend
Your password has been successfully reset!.
Please login again to access your account.
An OTP has been sent to
Enter the 4-digit code
By Nishang Narayan
Published on January 24, 2025
With the Union Budget 2025 on the horizon, the travel and hospitality sectors are optimistic about government initiatives to drive growth and recovery. Industry leaders are calling for focused measures to unlock the potential of a sector that contributes 7% to India’s GDP and supports over 39 million jobs.
Yogesh Mudras, Managing Director of Informa Markets in India, highlighted the sector’s immense potential, stating, “With India projected to reach a $125 billion tourism market by FY27, targeted measures are crucial. Investments in infrastructure such as airports, roads, railways, and public transportation can enhance connectivity and accessibility for both domestic and international travellers.” He further emphasized the need for simplifying GST for hospitality and aviation, financial support for MSMEs, and streamlined visa processes to attract digital nomads.
Mudras also underscored the importance of technological advancements and sustainability in shaping the industry’s future. He suggested incentivizing smart tourism and encouraging the adoption of AI, blockchain, and IoT to enhance traveler experiences and operational efficiency. Sustainability initiatives, such as eco-friendly infrastructure and waste management, are also crucial for long-term growth.
The upcoming Mahakumbh 2025 in Prayagraj presents a unique opportunity for the sector. With a proposed budget of ₹6,990 crore, the event is expected to generate approximately ₹25,000 crore in revenue and attract around 400 million visitors. The tourism and accommodation sectors are anticipated to benefit significantly, potentially contributing ₹40,000 crore to the economy.
Ambika Saxena, Group CEO of TWH Hospitality, echoed the sentiment, emphasizing the need for increased budgetary allocation to support tourism in emerging destinations. She remarked, “Strengthening domestic tourism initiatives and introducing policies to attract international tourists will not only boost employment but also attract investments and contribute significantly to India’s GDP.”
The industry sees Budget 2025 as a pivotal moment to position India as a global tourism leader. With domestic tourism witnessing a 14.8% revenue growth and a long-term vision of establishing a $4 trillion tourism economy by 2047, stakeholders are hopeful for progressive policies and strategic investments that will ensure a thriving and sustainable future for the sector.
Chinese Wok Partners with Amazon MX Player’s ‘I-POPSTAR’ as ...
Chinese Wok, India’s leading homegrown Desi Chinese quick-se...
Babylon Brewery & Club 2.0 Opens in Hyderabad, Redefining Sc...
Hyderabad’s nightlife scene enters a bold new era with the u...
“Moth to Flame” — A Hotelier’s Journey That Lights Up the Sp...
There are stories that entertain, stories that teach, and th...
Crowne Plaza Greater Noida Kicks Off the Festive Season with...
Crowne Plaza Greater Noida welcomed the festive spirit with ...
By Manu Vardhan Kannan
Published on November 9, 2025
Wonderla Holidays Ltd. has announced its financial results for the second quarter and half year ended September 30, 2025, marking its best-ever Q2 performance in company history. The remarkable results highlight record revenues, strong footfall growth, and a sharp increase in profitability.
The company reported a 12% year-on-year rise in footfalls to 5.05 lakh visitors, with total income up 24% YoY at ₹88.52 crore and EBITDA soaring eightfold to ₹7.48 crore.
Parkwise, the company registered footfalls of 1.96 lakh in Bengaluru, 1.92 lakh in Kochi, 0.93 lakh in Hyderabad, and 0.24 lakh in Bhubaneswar, reflecting consistent performance across locations.
Commenting on the results, Arun Chittilappilly, Executive Chairman and Managing Director of Wonderla Holidays Ltd., said,
“This quarter marks a defining moment in Wonderla’s journey, as we achieved our best-ever Q2 performance with record revenues, footfalls, and a sharp improvement in profitability. A 24 percent year-on-year growth in total income and an 8X jump in EBITDA highlight the resilience of our business model and the power of the Wonderla brand.”
He added that the strong results were driven by effective branding and footfall-driving campaigns, alongside enhanced digital sales strategies, which now contribute to half of total bookings. The company’s investments in technology, operational efficiency, and customer convenience have played a vital role in driving this growth.
Chittilappilly also noted that new offerings like “Isle by Wonderla” continue to strengthen guest engagement and diversify the company’s revenue base.
“Looking ahead, we remain excited about the next phase of expansion. Work on our Chennai Park is progressing rapidly, and we’re on track to announce the launch by December 2025. With strong fundamentals, expanding capacity, and a trusted brand, we’re confident of sustaining our momentum and delivering long-term value to both our guests and shareholders,” he said.
With this milestone quarter, Wonderla Holidays continues to reinforce its leadership in India’s amusement park sector through innovation, guest experience, and strategic expansion.
By Hariharan U
Published on October 27, 2025
Wyndham Hotels & Resorts reported its Q3 2025 financial results, showing steady growth across operations and financial metrics. Global system-wide rooms increased 4% year-on-year to 855,400, including 503,400 in the U.S. and 352,000 internationally, while the company awarded 204 new development contracts, up 24% from Q3 2024. The global development pipeline grew 4% to 257,000 rooms, with roughly 70% in midscale and above segments and 58% internationally.
Ancillary revenues rose 18% compared to the same period last year. Net income climbed 3% to $105 million, and adjusted net income reached $112 million, with diluted EPS increasing 5% to $1.36 and adjusted diluted EPS up 5% to $1.46. Adjusted EBITDA grew 2% to $213 million, while global RevPAR declined 5% in constant currency, mainly due to softer results in Asia Pacific and Latin America, partially offset by gains in EMEA and Canada.
Wyndham generated $86 million in net cash from operating activities and $97 million in free cash flow, ending the quarter with $70 million in cash and total liquidity of about $540 million, maintaining a net debt leverage ratio of 3.5x. In October 2025, the company refinanced its $750 million revolving credit facility, extending maturity to 2030, increasing capacity to $1 billion, and reducing borrowing costs by 35 basis points. Shareholder returns included the repurchase of 830,000 shares for $70 million in Q3 and year-to-date buybacks of 2.5 million shares for $223 million, alongside $31 million in dividends.
Looking ahead, Wyndham expects full-year global room growth of 4–4.6%, global RevPAR change of -3% to -2%, fee-related revenues of $1.43–$1.45 billion, adjusted EBITDA of $715–$725 million, adjusted net income of $347–$358 million, and adjusted diluted EPS of $4.48–$4.62, while maintaining a focus on portfolio expansion, strengthening its development pipeline, and delivering consistent shareholder value amid evolving industry conditions.
Published on October 26, 2025
Alaska Air Group reported strong financial results for the third quarter of 2025, posting a GAAP net income of $73 million and adjusted earnings per share of $1.05. The airline’s growth is being fueled by new nonstop routes from Seattle to London and Reykjavik, set to launch in May 2026, and the introduction of the Atmos Rewards loyalty program, which exceeded premium credit card sign-up expectations.
In a major technological upgrade, Alaska Air is installing Starlink high-speed Wi-Fi across its fleet, offering complimentary access to Atmos Rewards members. The company is also progressing with the integration of Hawaiian Airlines and advancing its Alaska Accelerate strategy, aiming for significant growth and profitability by 2027.
Analysts have assigned a Hold rating on ALK stock with a $49.00 price target, citing strong financial recovery but noting bearish technical indicators and increased leverage as potential risks. The airline continues to focus on expanding its global reach and enhancing customer loyalty through strategic partnerships and its Atmos Rewards program.
Stay up-to-date with the latest Hospitality news and trends in the Hospitality industry!
Subscribe to Hospitality news e-magazine for free and never miss an issue.
By clicking subscribe for free you agree to the Terms & Conditions and acknowledge our Privacy Policy.
Advertise With Us
We have various options to advertise with us including Events, Advertorials, Banners, Mailers, etc.
A platform dedicated to showcase the skills and creativity of hospitality professionals. Share your articles, videos and other content related to the industry and get recognized for your unique perspective and expertise. By posting your content and gaining likes from your own community, we'll categorize your talents and expose them to the hospitality world. Join our community of passionate hospitality professionals and let your talent shine!.
Already have an account?Login
By clicking you agree to the Terms & Conditions and acknowledge our Privacy Policy.
Subscribe for ₹2,000 and receive our monthly magazine for one year (12 months) from the coming month and save 2 months cost.