Topic
tourism
Business Surrey Attractions Welcome Summer VAT Cut on Tickets and Food
The UK government's Great British Summer Savings scheme, effective from Thursday, cuts VAT on tickets and children's meals at attractions such as Birdworld in Surrey from 20% to 5%. Business leaders at Birdworld and Hobbledown welcome the move but call for longer-term relief as operating costs rise.
Business PM Modi Unveils New Jodhpur Airport Terminal, Announces Rs 28,840 Crore Modified UDAN Scheme to Boost Regional Aviation
Prime Minister Narendra Modi shared images of the new Jodhpur airport terminal, set for inauguration on July 4. The terminal, built at a cost of Rs 400-480 crore, can handle 2 million passengers annually. Modi also launched the Modified UDAN scheme from Jodhpur, allocating Rs 28,840 crore over the next decade to develop 100 aerodromes and enhance regional connectivity. The infrastructure push includes new metro, highway, and refinery projects in Rajasthan.
Package Holidays to Dubai and Egypt Cheaper as European Prices Rise Amid Iran Conflict
Package holidays to Dubai and Egypt are significantly cheaper this summer as tour operators cut prices due to war in Iran deterring UK tourists. Meanwhile, popular European destinations like Spain, Portugal, and Greece have seen price increases of 3-5%.
Finance IHCL Targets ₹7,500 Crore Capex Over 5 Years, Expands Across Segments: Chairman N Chandrasekaran
IHCL chairman N Chandrasekaran announced a ₹6,000–7,500 crore capital expenditure plan over five years, funded through internal accruals. The company reported FY2026 revenue of ₹9,971 crore, net profit of ₹2,247 crore, and free cash flow of ₹1,450 crore. Expansion will focus on new regions and scaling Ginger hotels to 1,000.
Business Marriott reports strong domestic travel since West Asia war, inbound hit
Marriott International reports that strong domestic travel in India is offsetting the impact of the West Asia war on inbound tourism. Over 40% of air traffic to India via the Middle East has slowed, but local travelers are shifting trips domestically, leading to a recovery in revenue per available room (RevPAR) after a March dip.
Business World Cup 2026: Economic Impact and Business Opportunities
The 2026 World Cup, hosted by the US, Canada, and Mexico, is set to be the largest yet, with 48 teams. This event presents significant economic opportunities, particularly in tourism and infrastructure development, across North America.
Business Spain's Tourism Surge Amid Middle East Tensions
Spain's tourism industry is experiencing unprecedented growth, with visitor numbers reaching new highs as travelers avoid the Middle East due to geopolitical tensions. The country received 9.1 million international visitors in April 2026, marking a 5.2% increase from the previous year.