88 percent of British tourism-oriented businesses reported some losses during the games compared to the same period last year ... Read more

The occupancy is likely to come down five per cent; additional inventory has also made things more difficult for hotels ... Read more

Nearly 39 million mainlanders left China on overseas trips in the first half of 2012, roughly double of that five years ago ... Read more

Survey shows hotels are going back to basics by increasing focus on offline and direct sales to reduce third-party costs instead of new social media techniques ... Read more

Restaurant & spa category on e-tailing sites grew by 24 percent ... Read more

Ticketing business has drastically shifted towards the online platform ... Read more

Hoteliers in Asia Pacific, North America and Latin America were twice as likely to report being profitable in the last six months than hoteliers in the EMEA (Europe Middle East and Africa) region ... Read more

South Asia registered a positive but slower aggregate gain of 5% during April 2012 ; India gained just 3% ... Read more

ITC has also been buying into EIH that runs the Oberoi chain of hotels, since 2000 and has a 14.98 per cent stake ... Read more

Within India, travellers voted for the capital city of New Delhi (33 percent) as having the best local food, followed by Mumbai (20 percent) at second place and Kolkata at a close 18 percent ... Read more