India's Airfare Success Story: Trevolution Group Reports Historic Sales Figures

India's Airfare Success Story: Trevolution Group Reports Historic Sales Figures

By Author

Published on November 11, 2023

In an encouraging sign of robust recovery and growth, Trevolution Group has reported record-breaking airfare sales in the Indian market. This surge showcases a significant 37 percent market growth in the third quarter of 2023 compared to the same period last year, underscoring India's ascending prominence as a top travel destination.

The group's data highlights a remarkable sale of over 59,220 flight tickets from India's primary airports, culminating in nearly USD 103 million in gross bookings. This figure constitutes more than 11 percent of the company's total gross profit during the third quarter, pointing to India's expanding footprint in the global travel industry.

A significant contributor to this uptrend is the robust demand for trans-Pacific flights, which has surged past pre-pandemic levels. The first nine months of 2023 witnessed a 22 percent increase in inbound tourism and an even more impressive 179 percent boost in outbound tourism from India.

The class of travel has also diversified, with sales soaring across all cabin classes. There has been an outstanding 193 percent growth in economy class bookings and a 139 percent increase in business class bookings from India. This surge not only reflects the return of business travel but also highlights the growing Visiting Friends and Relatives (VFR) segment, particularly among the 4.4 million Indian Americans.

In terms of booking trends, there has been a shift toward advance planning, with over one-third of international travelers booking their flights to India more than 90 days in advance. However, outbound travelers from India display a contrasting pattern, with a notable proportion making last-minute bookings.

Destination data reveals that the majority of travel from India is directed towards the United States, Canada, the UAE, the United Kingdom, and domestic locations, with New York, San Francisco, Chicago, Dallas, and Washington being the top cities. Airlines such as Emirates, Air India, and Turkish Airlines are leading in terms of service preference among travelers.

Trevolution Group's report indicates that the Indian diaspora in North America plays a significant role in these travel patterns, with many Indian passengers flying to these regions to maintain familial and cultural ties.

Alex Weinstein, the Founder of Dyninno Group, stated, "India’s growing economy and expanding international business relations are fuelling a rising demand for global travel. The strategic partnerships we’ve forged, particularly with Air India, have been pivotal in driving this success."

As the holiday season approaches, the travel industry anticipates continued growth, with trends indicating a year of unprecedented success. The record airfare sales in the Indian market are not just numbers but a reflection of the country's burgeoning economy, the evolving habits of its travelers, and its rising status as a global travel hub.


Ramee Group Announces 70-Key Sea-View Resort in Dapoli, Maharashtra

Ramee Group Announces 70-Key Sea-View Resort in Dapoli, Maharashtra

By Hariharan U

Published on October 27, 2026

Ramee Group of Hotels has announced a new 70-key resort in Dapoli, Maharashtra, expanding its leisure portfolio with a coastal property featuring sea-view accommodation, wellness amenities, dining facilities and dedicated spaces for destination weddings and corporate gatherings.

The upcoming property will comprise premium rooms and serviced apartments, with every guestroom offering panoramic views of the Arabian Sea. Located in the Konkan coastal town of Dapoli, the resort is positioned to attract leisure travellers from Mumbai, Pune, Nashik and surrounding urban centres seeking weekend escapes.

Commenting on the announcement, Saurabh Gahoi, Senior Vice President – India, Ramee Group of Hotels, said the group's expansion strategy focuses on delivering immersive hospitality experiences rooted in local character.

“Dapoli is rapidly emerging as India's next prominent weekend getaway, strategically serving major urban clusters including Mumbai, Pune, Nashik, and surrounding regions. The addition of the Dapoli property marks an exciting milestone in our resort portfolio. By offering sprawling sea views from every room and comfortable, thoughtfully designed stays, we are creating a unique sanctuary for guests,” he said.

The project is being developed in partnership with Agatsya Hospitality, a subsidiary of Phatak Developers. The collaboration aims to strengthen the region's hospitality offering while supporting the development of Dapoli as a coastal leisure destination.

Akshay Phatak, Owner of Agatsya Hospitality, said, “We are delighted to partner with Ramee Group of Hotels, one of the most respected hospitality brands in the lifestyle & leisure space. Phatak Developers is committed to elevating Konkan's tourism, and this collaboration marks an exciting step toward bringing world-class hospitality to Dapoli. We have complete trust in Ramee Group's operational expertise and we look forward to setting a new benchmark for coastal hospitality together.”

Dining, Wellness and Recreation

The resort's culinary offering will centre on a flagship all-day dining restaurant serving a combination of international favourites and regional coastal cuisine, bringing local flavours into the guest experience.

Facilities will include a fully equipped gymnasium, spa, swimming pool and dedicated indoor and outdoor children's play areas. These amenities are intended to cater to families and leisure travellers seeking a combination of relaxation and recreation.

A key feature will be the property's indoor and outdoor banqueting spaces, designed to accommodate corporate retreats, social gatherings and large-scale celebrations. The facilities are expected to support demand for destination weddings and event-led travel in the Konkan region.

With its combination of sea-view accommodation, wellness facilities and event spaces, the Dapoli resort will add to Ramee Group's leisure portfolio while contributing to the region's evolving hospitality landscape.

About Ramee Group of Hotels

Founded in 1985 by Raj Shetty, Ramee Group of Hotels, Resorts & Apartments is an international hospitality group with a presence across India and the Middle East. Its portfolio caters to corporate and leisure travellers through accommodation, dining concepts and lifestyle-oriented hospitality offerings.


IHG Signs Holiday Inn Raipur, Expanding Presence in Chhattisgarh

IHG Signs Holiday Inn Raipur, Expanding Presence in Chhattisgarh

By Hariharan U

Published on October 27, 2026

IHG Hotels & Resorts has signed a management agreement with Entry Point Hotels & Resorts Private Limited to develop Holiday Inn Raipur in Naya Raipur, strengthening its presence in Chhattisgarh's growing administrative and commercial market. The hotel is scheduled to open in the first quarter of 2031.

The signing reflects IHG's strategy of expanding its portfolio across India's emerging business and travel destinations, where growing commercial activity, infrastructure development and institutional demand are creating opportunities for branded hospitality.

Naya Raipur, also known as Nava Raipur Atal Nagar, is Chhattisgarh's planned capital and an emerging administrative and commercial centre. The city's development is supported by government institutions, public sector organisations, educational establishments and expanding commercial infrastructure.

Holiday Inn Raipur will be located in Sector 24, Naya Raipur, with access to key government complexes, including Mantralaya and Vidhan Sabha. Its proximity to Swami Vivekananda Airport is expected to support travel by government delegations, corporate guests and other visitors.

The wider Raipur market is also evolving beyond its traditional industrial base, with activity across education, information technology, infrastructure and lifestyle developments contributing to its growth as a commercial destination. These developments are expected to support demand for quality accommodation across business, government, events and leisure segments.

156 Rooms and Dedicated Meeting Facilities

Holiday Inn Raipur will feature 156 rooms and suites, including 16 suites, alongside three dining venues. The planned food and beverage facilities comprise a 117-seat all-day dining restaurant, a 40-seat bar and a 40-seat lobby lounge.

The hotel will also offer approximately 942 square metres of meeting and event space across four venues. The facilities will include a divisible ballroom spanning 715 square metres, positioning the property to accommodate conferences, corporate meetings, social gatherings and other events.

Additional amenities are planned to include a swimming pool, fitness centre and parking. IHG noted that the proposed facilities remain indicative and will be subject to design development and brand standards.

Commenting on the signing, Sudeep Jain, Managing Director, South West Asia, IHG Hotels & Resorts, said, “We are delighted to partner with Entry Point Hotels & Resorts Private Limited to bring Holiday Inn to Naya Raipur. As the city continues to develop as a key administrative and commercial centre, the signing presents an opportunity to introduce one of our most recognised brands to a market with diverse travel needs. Holiday Inn Raipur adds to our growing presence across India and reflects our focus on taking our brands to destinations where we see long-term potential.”

Arun Kumar Goyal of Entry Point Hotels & Resorts Private Limited said the partnership combines Holiday Inn's global brand recognition with IHG's hospitality expertise. He added that the project aims to introduce an international hospitality experience while responding to the needs of Naya Raipur's expanding visitor base.

Holiday Inn's Global Hospitality Platform

The hotel will incorporate Holiday Inn's Open Lobby concept, providing spaces where guests can work, meet and relax alongside the property's dining, meeting and leisure facilities.

As part of IHG Hotels & Resorts, the property is also expected to benefit from the group's global distribution network, digital platforms and IHG One Rewards loyalty programme, connecting it with a wider international customer base.

The signing adds to IHG's expansion across India, where the company continues to pursue opportunities in destinations with long-term potential for corporate travel, government activity, events and leisure demand.

With its planned 2031 opening, Holiday Inn Raipur is set to add internationally branded accommodation and meeting infrastructure to Naya Raipur's developing hospitality landscape.


Black Rock Hotels & Resorts Plans 900-Room Expansion, Enters Hotel Ownership

Black Rock Hotels & Resorts Plans 900-Room Expansion, Enters Hotel Ownership

By Hariharan U

Published on October 26, 2026

Black Rock Hotels & Resorts has announced an expansion pipeline of approximately 900 rooms, marking its entry into hotel ownership with a 241-key property in Udaipur and extending its development footprint into Uttarakhand and Uttar Pradesh.

The Rajasthan-based hospitality group currently operates seven hotels with approximately 950 rooms and is targeting six additional hotel openings through 2027. The proposed additions are expected to take its total inventory close to 2,000 rooms, subject to development progress and opening schedules.

The centrepiece of the expansion is Kingsbury, a 241-room hotel under development in Udaipur. The project will mark Black Rock's transition from third-party hotel management into hotel ownership, introducing an asset-led growth model alongside its existing management partnerships.

Located alongside a lake and surrounded by hills, Kingsbury is scheduled to begin operations in March 2027, initially with approximately 160 rooms. The property is being developed with substantial infrastructure for destination weddings, conferences and large social gatherings.

Planned facilities include two ballrooms measuring approximately 4,000 sq. ft. and 14,000 sq. ft., an 11,000 sq. ft. courtyard, a 6,000 sq. ft. pool deck and a 10,000 sq. ft. rooftop event space. Three lakeside venues and five garden spaces ranging from approximately 10,000 to 50,000 sq. ft. will further expand its event-hosting capabilities.

Beyond Rajasthan, Black Rock has signed two hotel projects in Jim Corbett, Uttarakhand, comprising 115 and 135 rooms, respectively. Both properties have indicated opening timelines of October 2027. The company has also signed a hotel project in Vrindavan, Uttar Pradesh, extending its presence into another leisure and pilgrimage destination.

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Commenting on the expansion, Anshul Bhargava, Founder and Chairman, Black Rock Hotels & Resorts, said, “We have built our business around operating hotels where weddings, conferences and leisure contribute substantially to revenue. Our next phase is about taking that experience into new markets while also developing assets of our own. Udaipur will be an important milestone because we have been able to plan the property around the operational requirements of these segments. With a sizeable pipeline ahead, we are moving towards a larger, geographically diversified portfolio while remaining focused on commercial viability and operating performance.”

Black Rock's existing business model is based on revenue-sharing arrangements with property owners. Under this approach, the company manages staffing, operating expenditure and day-to-day hotel operations, while property owners receive an agreed share of revenue.

The addition of owned assets introduces a second growth model, enabling the group to participate directly in hotel development while continuing to expand through partnerships with independent property owners.

With its upcoming projects spanning Udaipur, Jim Corbett and Vrindavan, Black Rock is positioning itself for a broader role as a hospitality owner-operator, with a focus on destination resorts, weddings, meetings and conferences, and leisure-led markets.

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