Hotels Association president Kachru says budget needs to rationalize taxes on hotel industry

The private sector will need to drive the next phase of development in the hotel industry, said K.B. Kachru, Hotel Association of India president.

2025-01-27 15:22:00 : NEW DELHI: The hotel industry is banking on reforms in the Union Budget 2025-26 to reduce accommodation and F&B costs to make travel more affordable for consumers. KB Kachru, president and chairman emeritus of the Indian Hotels Association and chief advisor to Radisson Hotel Group, said that apart from tax incentives, the … Read more

MakeMyTrip revenue grows steadily at 24% as travel demand strengthens

Customer inducement costs rose too as MakeMyTrip boosted promotions to meet growing travel demand

2025-01-23 23:19:00 : Online travel agency MakeMyTrip reported revenue of $267.4 million for the quarter ended Dec. 31. The travel agency said in a filing with the U.S. Securities and Exchange Commission (SEC) that its revenue increased 24.8% from the same period last year, when it earned $214.2 million. ALSO READ | MakeMyTrip refocuses on … Read more