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By Manu Vardhan Kannan
Published on February 3, 2025
The commercial airlines market is poised for substantial growth, with a projected increase of USD 430.2 billion from 2025 to 2029. This expansion comes as air passenger traffic continues to rise, and a growing number of airports shift towards smarter, more integrated systems. According to Technavio, the market will see an 8.7% compound annual growth rate (CAGR) during this period, indicating robust momentum.
Key drivers for this growth include the rising demand for efficient narrowbody aircraft, which are becoming the preferred choice for airlines due to their fuel efficiency. Additionally, passenger travel continues to grow, with the Asia-Pacific region leading the way. This region alone accounts for 53% of the market’s contribution, with major economies like China and India experiencing rapid expansions in their air travel sectors.
However, rising operational costs, particularly in fuel and labor, are presenting significant challenges. Geopolitical instability, especially fluctuations in fuel prices due to sanctions and OPEC production cuts, continues to impact airline profitability. Labor costs, which have been stable in recent years, have risen sharply, adding further pressure on airlines’ bottom lines.
Amid these challenges, technology and innovation are emerging as key factors shaping the future of the market. Smart airports, powered by AI and integrated digital systems, are becoming more common, offering improved operational efficiency and better passenger experiences. These advancements are expected to increase profitability for airlines, especially during times of economic uncertainty.
The competitive landscape is marked by the presence of leading players such as Air China Ltd., American Airlines Group Inc., and Delta Air Lines, which are investing in more fuel-efficient aircraft and sustainable aviation technologies. Additionally, new aircraft models from companies like Mitsubishi Heavy Industries and advanced engine solutions are helping airlines keep their fleets updated and operational costs low.
Despite these advancements, airlines are still faced with the challenge of balancing fleet management and profitability in the face of rising fuel prices and other operational expenses. The industry must continue to innovate and adapt to these pressures to ensure long-term success.
The growth of the commercial airlines market is not just driven by technological advancements but also by the increasing need for connectivity, sustainability, and better service offerings for passengers. With AI-driven solutions and smarter, more efficient aircraft, the commercial aviation industry is entering a new era, ready to meet the demands of an expanding global travel market.
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Published on November 24, 2025
Qatar Airways has entered into a partnership with IHG Hotels & Resorts to strengthen benefits for business travellers. Through this collaboration, members of Qatar Airways’ Beyond Business and IHG’s Business Edge programme will be able to access shared loyalty privileges, including the ability to earn and redeem points across IHG’s global hotel network.
Beyond Business already offers several perks to corporate travellers. These include earning and redeeming Qrewards, Privilege Club tier benefits, priority baggage, and the option to offset carbon emissions for past and future travel under Qatar Airways’ voluntary carbon offset programme. The programme also supports companies in managing their travel budgets by providing solutions tailored to their spending patterns.
With this partnership, members can now sign up for IHG Business Edge for free and start receiving benefits right from their first qualifying stay. After this stay, they are upgraded instantly to IHG One Rewards Gold Elite Status, get guaranteed discounts at more than 6,800 IHG hotels worldwide, and earn 40% more points on each eligible stay.
IHG Business Edge, launched in 2018, has grown into a dependable programme for small and medium-sized businesses across the world. It helps members simplify their bookings while offering exclusive rates and loyalty benefits. As part of the partnership, IHG Business Edge members who join Qatar Airways’ Beyond Business programme will also receive 50,000 bonus Qrewards on their first Qatar Airways flight. These points can be used for flights, upgrades and more benefits.
Qatar Airways Chief Commercial Officer, Mr. Thierry Antinori, said: “Recognised as the World’s Best Business Class by Skytrax in 2025 for the 12th time, Qatar Airways continually seeks to enhance its corporate travel experience and rewards. We are proud to facilitate businesses and corporate entities through our partnership with IHG Hotels & Resorts and their IHG Business Edge programme to deliver greater convenience and elevated experiences to both our members. Qatar Airways delivers a seamless passenger experience to business travellers at each touchpoint, from bookings to efficient transfers to offering Starlink, the world’s fastest Wi-Fi in the sky, for free onboard over 100 widebody aircraft. Through the partnership between our corporate travel programme, Beyond Business, and IHG Business Edge, organisations can now benefit from increased flexibility, exclusive savings, and value, maximising their travel benefits and rewards for greater returns.”
IHG Hotels & Resorts Senior Vice President Global Sales, Mr. Mark Sergot, added: “This collaboration brings together the strengths of Qatar Airways Beyond Business and IHG Business Edge to offer exclusive benefits, enhanced loyalty rewards, and seamless travel experiences. By leveraging our combined networks and expertise, we aim to provide exceptional value and convenience, supporting the evolving needs of our customers and making their journeys as seamless and rewarding as possible.”
Indian Hotels Company (IHCL), India’s largest hospitality company, has announced the signing of a new Gateway hotel in Mahapura, Jaipur. The upcoming property is a greenfield project and strengthens the brand’s presence in one of India’s most culturally rich cities.
Ms. Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, said, “Witnessing a surge in demand beyond its traditional leisure and MICE segments, Jaipur has evolved into a multifaceted destination. The city’s infrastructural growth and its emergence as a commercial centre has made it a hub for business travel and Gateway Mahapura, Jaipur will cater to this rising demand. We are delighted to partner with Shri Modi Group for this project.”
Strategically located along NH48 Jaipur Ajmer Road, the 161-key Gateway Mahapura, Jaipur will welcome guests to the city’s cultural vibrance. The hotel will offer an all-day dining restaurant, a specialty restaurant and a bar. Recreational facilities will include a swimming pool and a modern fitness centre. For gatherings and events, the hotel will feature a spacious banquet hall spread across over 9,000 sq. ft., making it suitable for weddings, conferences and social functions.
Mr. Antariksh Modi, Managing Director, Shri Modi Group, added, “We are delighted to collaborate with IHCL to bring the Gateway brand to Mahapura. This partnership marks a significant milestone in our vision to contribute to Jaipur’s growing hospitality demand.”
Jaipur, known for its rich heritage, continues to draw travellers with iconic attractions such as the Amber Fort, City Palace, Hawa Mahal and Jantar Mantar. With the addition of this new property, IHCL will have 16 hotels in Jaipur, including 5 under development.
About the Owning Company: Established in 1968, Shri Modi Group is a multi-generational Indian conglomerate with a strong legacy in mining and mineral processing, along with diversified interests in jewellery and real estate. Headquartered in Jaipur, the group is one of India’s key producers and exporters of natural minerals, including levigated china clay (kaolin), premium black marble, quartz, feldspar, limestone and silica sand. With mining operations across Rajasthan and exports to more than 15 countries, the group has built a global presence while staying rooted in its home state. Under the leadership of Mr. Anand Modi, Chairman, and Mr. Antariksh Modi, Managing Director, the group has introduced advanced technologies in marble mining and maintained high-quality standards. In 2010, it expanded into the jewellery segment with the launch of Jewlz by Neelam Modi.
Royal Orchid Hotels Ltd. (ROHL) has opened its newest property in North Goa, Regenta Place M.A.R.S. Candolim. With this launch, the group strengthens its presence in one of India’s most popular coastal destinations, marking its 8th property in Goa. The hotel will operate under the ‘Regenta Place’ brand, which focuses on offering convenient and affordable stays for travellers.
The property is located in the lively heart of Candolim and gives guests a comfortable blend of easy access and coastal charm. It features 36 rooms across four categories, designed to suit different guest preferences. The hotel also includes Limelight, a rooftop multicuisine restaurant that offers open-air dining with panoramic views, an infinity pool for leisure time, and the 1,1200 square feet rooftop Seasons Hall for gatherings and events.
Its location adds to its appeal, with Candolim Beach just 1.0 km away, Calangute Beach at 2.7 km and Baga Beach at 4.6 km, making it ideal for travellers exploring Goa’s vibrant beach belt.
Chander K. Baljee, chairman & managing director, Royal Orchid Hotels Ltd., said, “Goa remains a cornerstone of India’s leisure and business tourism. The opening of Regenta Place M.A.R.S. Candolim underscores our commitment to providing quality, affordable, and conveniently located hospitality experiences across the country. This new hotel, our 8th in Goa, reinforces our position in this high-growth market.”
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