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New Regional Collection Brand ‘Series by Marriott’ launched

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Marriott International Announces Global Launch of New Regional Collection Brand: Series by Marriott™ in a strategic deal with Concept Hospitality

 

Marriott International announced the global launch of its new collection brand for the midscale and upscale lodging segments—Series by Marriott™—as the company continues to expand its lodging offerings around the world. Series by Marriott is expected to expand Marriott’s global presence by bringing well-established regionally created brands and hotels that champion consistent quality and service into the Marriott Bonvoy portfolio. Series by Marriott will offer guests comfortable stays in more places and provide regional owners access to the benefits of Marriott’s platforms, including the company’s award-winning Marriott Bonvoy loyalty program, all while maintaining their portfolio’s independent identity.

Series by Marriott marks its initial launch through a founding deal with Concept Hospitality Private Limited (CHPL) in India, a key growth market for Marriott. Established in 1996 by Param Kannampilly, CHPL, is one of India’s leading hotel management companies with a portfolio of six brands and over 100 hotels operating in 90 locations. Under the strategic agreement between CHPL and Marriott, CHPL’s flagship brands—The Fern, The Fern Residency, and The Fern Habitat—will affiliate with Series by Marriott on an exclusive basis across India and Marriott will make a small equity investment in CHPL. The Fern portfolio is currently comprised of 84 open properties and 31 executed pipeline deals, totaling 115 properties and approximately 8,000 rooms. Fern properties are expected to join Marriott’s portfolio in India over time following discussions with the third-party hotel owners and execution of long-term franchise agreements with those owners. CG Hospitality, the hospitality division of the multi-national conglomerate CG Corp Global, is the majority stakeholder in CHPL.

“Series by Marriott furthers Marriott’s commitment to delivering lodging offerings in the right place at the right price with basics done well,” said Anthony Capuano, President and CEO of Marriott International. “Creating a new, regional collection brand will further Marriott’s reach among value-conscious travelers, provide additional choice for our existing Marriott Bonvoy members and guests, and offer more affiliation opportunities for local owners.

“We are thrilled to launch Series by Marriott through our founding deal with CHPL. This deal will help meaningfully expand Marriott’s leading position in India, a key market for the company.  We see this multi-unit conversion deal as a strong foundation as we look to accelerate growth of the Series by Marriott collection in additional markets around the world. The Fern portfolio throughout India is highly regarded and CHPL’s commitment to operational excellence and meeting the needs of regional travelers embodies the spirit of the Series by Marriott brand,” said Capuano.

“India is one of Marriott’s most dynamic and strategic markets, making it the ideal launchpad for Series by Marriott,” said Rajeev Menon, President, Asia Pacific excluding China, Marriott International. “Our founding deal with CHPL allows us to scale purposefully with a trusted local brand that resonates with regional travelers. This collaboration combines CHPL’s deep market knowledge with Marriott’s global platform—broadening access to quality hospitality and unlocking strong growth potential across the country. Launching Series by Marriott in India reflects the region’s critical role in our long-term growth strategy.”

Marriott International has entered into a landmark agreement with Concept Hospitality Private Limited in India to affiliate The Fern brand portfolio with its ‘Series by Marriott’ collection

“Through our majority stake in CHPL, we’ve nurtured The Fern brands as standard-bearers for eco-sensitive, high-quality hospitality in India. Being part of Series by Marriott will allow us to amplify our reach. The Fern brands are expected to benefit not only from the Marriott Bonvoy loyalty program and global distribution systems, but also from strategic growth opportunities,” said Dr. Binod Chaudhary, Chairman of CG Corp Global.

“We are thrilled to partner with the world’s largest hospitality company in driving a new era of growth in India’s midscale segment. Our vision is to unlock the immense potential of Tier 2 and Tier 3 cities, as well as lesser-known destinations across India that are rich in culture, heritage, and opportunity. This strategic collaboration underscores our commitment to expanding access to quality hospitality, fostering local economies, and meeting the rising demand for sustainable, comfortable, and accessible stays in emerging markets,” said Param Kannampilly, Chairman, Concept Hospitality Private Limited. 

 

A Series of Hotels: Regionally Created, Globally Connected

Series by Marriott is designed to deliver a simple and approachable experience for travelers with a focus on fundamentals and well-executed basics. Hotels in the portfolio will offer quality and value with clean, comfortable rooms, free Wi-Fi, daily coffee or tea, with breakfast, fitness centers and meetings and event spaces available at certain properties. Hotels will reflect the regions and customers they serve while delivering Marriott’s global standards for safety and cleanliness. As part of the Marriott Bonvoy loyalty program, members staying at Series by Marriott properties will be able to earn and redeem points and enjoy member benefits. 

Global Growth Opportunity for Owners

Series by Marriott has been created to bring strong, regionally relevant brands and hotels into the Marriott portfolio with industry leading revenue generation capabilities and affiliation cost structures. Owners will have the ability to maintain their portfolio’s independent identity while leveraging the power of Marriott’s award-winning Marriott Bonvoy loyalty program with nearly 237 million members globally, and digital platforms like Marriott.com and the Marriott Bonvoy mobile app to generate direct bookings.

In addition to its founding deal with CHPL, Marriott is also in active discussions about the Series by Marriott brand with owners in the United States, the Caribbean and Latin America, Europe, Middle East, and Africa.

 

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Philippines secures over US$21 million in leads at Arabian Travel Market

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The Philippines secured more than US$21 million in sales leads during its participation at this year’s Arabian Travel Market (ATM) in Dubai.

In a news release issued by the Tourism Promotions Board (TPB) on Monday, 19th May, the Philippine delegation led by now-former tourism secretary Christina Frasco showcased the Southeast Asian nation’s rich culture, natural beauty, and diverse tourism offerings.

During the opening of the Philippine Pavilion, Frasco expressed the country’s readiness to welcome more visitors from all over the world, including those from the Middle East and the Gulf Cooperation Council (GCC) countries.

She declared: “The Philippines is a nation on the rise, a country of 7,641 islands, each a doorway to beauty, opportunity, and connection; it is a destination where travelers from the Middle East and the GCC find not just luxury, but belonging. The Middle East and GCC are not just important markets for us, they are true partners in building a future of sustainable, inclusive, and meaningful tourism.”

Significantly higher than last year

The TPB said that the sales leads generated from ATM 2025 show an increase of 233 percent from last year.

This was construed as proof of renewed global confidence in the Philippine tourism sector, and likewise symbolises the highest sales achievement ever from this event.

Representatives from a wide range of Filipino travel and hospitality businesses joined the delegation, including travel agencies, resorts, hotels, and airlines.

Also present during the event were special envoy for trade and investments Kathryna Yu-Pimentel and special envoy for culture and the arts Karen Santos.

This collective presence leveraged ATM as a platform to expand market access and showcase the Philippines as a top-tier tourism and investment destination.

Furthermore, the country’s participation demonstrated its strong presence in the global tourism arena, showing promising opportunities for inbound travel from key markets.

TPB chief operating officer Maria Margarita Nograles said high-value business meetings were also conducted at the Philippine Pavilion throughout the four-day exhibition.

She said these meetings forged new partnerships focused on the tourism sector stakeholders, such as those offering beach leisure, family holidays, and halal tourism to travelers from the Middle East, Europe, the Americas, Asia, and other regions.

Nograles said: “We recognise the Middle East as a dynamic market seeking enriching family experiences and authentic cultural immersion. To meet this demand, our Philippine delegation is ready to curate unique journeys for different kinds of travelers in the Middle East and to promote the dynamic destinations found within our 7,641 islands.”

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Ponant Explorations introduces a new itinerary that explores Baja California

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PONANT EXPLORATIONS’ Product Research & Development department presents an intriguing new itinerary that will take explorers to Mexico’s Baja California.

The product of three years of development, this new voyage promises to be a rare experience in a timeless place where humans and nature coexist in harmony.

According to Ponant Explorations’ director of research and development for the expedition experience José Sarica: “Creating an itinerary in Baja California was a challenge for me. We have a huge responsibility to share this exceptional environment, to pass it on to future generations, and to show that we are worthy of the trust placed in us by the people who live there. What I experienced there compares to no other experience: it’s the powerful feeling of being truly alive, connected to nature, and that’s what our guests will discover.”

Raising environmental awareness through active exploration

Long threatened by intensive fishing in the 1970s and 1980s, the Sea of Cortez has gradually regained balance thanks to the commitment of local communities. 

Former fishermen, now stewards of conservation, spearheaded the creation of protected areas, leading to the establishment of several national parks. 

A renewed dialogue between humans and nature ensued, one that the PONANT EXPLORATIONS team set out to witness firsthand in the field.

By drawing on local communities and their logistical resources for most of the visits and activities offered to guests, PONANT EXPLORATIONS will take part in a positive momentum toward building effective partnerships between authorities, the private sector, and civil society.

These partnerships must be inclusive, founded on shared principles and values, and place both people and the planet at the heart of their priorities.

To honour the trust placed by local communities, PONANT EXPLORATIONS implements a biosecurity protocol tailored to the region. 

For example, before any interaction with whales, hands must be washed with disinfectant soap. 

Also, the sunscreen used for diving and swimming is formulated to be environmentally safe.

One with nature 

Wildlife watching will be a highlight: encounters at sea with grey whales, bottlenose dolphins and pelicans at sea, swimming alongside Californian sea lions and the enchanting aquatic ballet of mobula rays among others. 

Blue whales, humpback whales, and orcas also frequent the area.

Landings with the naturalist team will provide guests access to places untouched by human presence. Visits to small, typically Mexican towns such as Loreto will also offer opportunities to immerse oneself in the local culture.

A wide range of activities will be offered to guests, adaptable to their preferences,  whether they seek relaxation or a more active experience. 

On the agenda: snorkelling (with wetsuits, as the water temperature in Mexico is cool at that time of year), scuba diving, and hiking through canyons.

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Macao Government Tourism Office brings its Tourism+MICE programme to Indonesia

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The Macao Government Tourism Office (MGTO) hosted the Macao Tourism+MICE Product Updates Seminar & Travel Mart in Jakarta, Indonesia on Tuesday, 20th May.

The event promoted a showcase of Macau’s newest attractions and MICE amenities to Indonesian tourism operators, facilitating exchanges between the travel trade from both sides to expand Macau’s reach into Southeast Asia and international visitor markets.

A representative from the Indonesian Travel Agents Association (ASTINDO) likewise presented an overview of Macau’s latest tourism developments during the event, followed by presentations from the Commerce and Investment Promotion Institute (IPIM) and the six integrated resort enterprises on local MICE trends and tourism services.

MGTO stated that through in-person networking, the office aims to offer the travel trade from Macau and Indonesia the opportunity to design new tourism products, deepen collaboration, and explore business opportunities together, as part of the office’s endeavor to tap into the market potential of Indonesia and Southeast Asia.

They also noted the intention to transform Macau into a travel destination, which includes the previously announced measure of creating a Muslim-friendly environment and attracting Muslim and international visitors to Macau.

A growing market

Visitor statistics from January to April this year indicate that Indonesia ranks as Macau’s sixth-largest visitor market and third-largest international visitor market.

MGTO aims to capitalize on the air-, sea-, and land-transport network to step up a diversity of promotions. Among them, the office has established a large-scale Macau Pavilion to promote the Macau destination at the ASTINDO Travel Fair in recent years, aiming to attract Southeast Asian visitors and expand international markets.

This year, MGTO continues to roll out several promotional initiatives targeting the Southeast Asian market through online and offline channels, trade familiarization visits, and international travel fairs.

Following the ones staged in the Middle East and Japan earlier this year, MGTO is reportedly planning more promotional events in Korea, Thailand, Indonesia, Malaysia, Singapore, and other parts of the world.

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Why consider hospitality investment?

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Five years since the world needed to shut down to keep a pandemic at bay, the global hospitality sector has bounced back and is indicating that it is better than ever.

Indeed, over the past three years since global travel restrictions were relaxed, accommodations providers throughout the world have been working double-time to draw travellers back in, offering amenities that range from traditional comforts to innovative solutions geared towards keeping both guests and the environment healthy.

In which case, many potential investors are wondering if now would be a good time to consider putting their money in the hospitality sector.

We have a quick answer to that: yes, it is; and today’s feature will show you just why you ought to consider hospitality investment in your portfolio.

Las Casas Filipinas de Acuzar is a good example of how heritage structures may be refurbished for the hospitality sector

First things first: what is hospitality investment?

Simply put, hospitality investment means putting capital into businesses or properties within the hospitality sector.

This is a means to an end, namely generating financial returns from room, villa, or bedspace rentals, and related areas such as food and beverage, spas and fitness centres, as well as the use of event spaces within a property.

Hospitality investments come in several forms, and the following are the most common:

  • Direct ownership which could mean establishing the brand itself, buying a specific property, or building the business from the ground up. Direct ownership also means that the investor has a hand in actively managing the brand or the property, or is responsible for hiring personnel to manage the premises;
  • Hotel development is related to direct ownership, but skews more towards putting one’s money into the act of design and construction of hospitality properties and spaces;
  • Adaptive reuse and/or conversion is related to hotel development, but refers to investing in the conversion of existing properties such as vintage homes or buildings with historical value into hotels or other hospitality businesses. Las Casas Filipinas de Acuzar in the Philippines which saw the refurbishment of several heritage structures into hospitality spaces is a prime example of this;
  • Real estate investment trusts (REITs) call for putting one’s money in trusts that own and manage income-generating hospitality properties, including hotels and hostels; and
  • Stocks and funds involve publicly-traded shares in hospitality firms in the first, and collective investment pools related to several related assets in the latter.

Philippine firm Hospitality Innovators Inc has one of the most diverse portfolios in the industry, offering hotels, resorts, and serviced residences

The advantages of investing in the hospitality sector

As to why hospitality is a sector into which one should invest, The Private Office’s founder and principal Anjar Kusumadinata believes that there are 11 points to consider.

These are:

Hotels and related hospitality businesses offer steady cash flow

Consider this: a hotel or inn generates income via space rentals for rooms and events, food and beverage services, and wellness services. While revenues may fluctuate, keep in mind that they provide a higher return than, say, renting out your home on platforms like AirBnB. That said, the revenues coming in are continuous and a good bet for those seeking steady income;

Consider how property value can appreciate over time

The property value for hospitality structures stands to appreciate significantly throughout the years, and this is especially true for those located in prime destinations or city centres. As the areas around them grow thanks to a boost in tourism promotion, commercialisation, and overall area development, so too will their value. Likewise, renovations and upgrades are also instrumental in boosting the value of a given property.

Getting into hospitality investment can significantly diversify your investment portfolio

As Kusumadinato points out: “Investing in hotels offers a means of diversifying an investment portfolio. Real estate investments, in general, can balance out more volatile asset classes like stocks. Hotels, with their unique revenue models and market dynamics, provide further diversification within the real estate sector, helping to spread risk and stabilise returns.”

Investing in hospitality offers tax benefits

Kusumadinato also pointed out that hotel investments come with several tax advantages. Owners can take advantage of depreciation deductions, which can offset income and reduce taxable earnings. Indeed, many operational expenses, including maintenance, staffing, and marketing costs, can be written off, delivering additional tax relief.

They’re a natural barrier versus inflation

Think about it: room rates and service prices can be adjusted regularly, allowing hotel operators to pass on increased costs to customers. This ability to adjust pricing helps maintain profitability even as inflation rises, protecting the value of the investment.

Hospitality investment gives you more operational control

Investing in hotels often grants more operational control compared to other types of real estate investments. Owners can influence the efficiency of operations, customer service quality, and overall guest experience. Effective management can lead to higher occupancy rates, better reviews, and increased profitability.

Such investments allow you to leverage opportunities

Financing options for hotels can be advantageous, allowing investors to leverage their investment. By using borrowed funds, investors can purchase larger properties or multiple hotels, amplifying potential returns. This leveraging can significantly boost investment performance if managed prudently.

Signing with well-known hotel brands or firms boosts your credibility

Of late, we’ve seen a number of hotels tying up with companies like Accor, IHG, and Dusit, and there is a very good reason behind that. Signing up with a well-known hotel brand or franchise accords recognition, trust, and a loyal customer base. In turn, this could translate into higher occupancy rates. Major global names also provide marketing support, operational guidance, and training, enhancing the overall efficiency and profitability of the hotel.

Hospitality investments = multiple revenue streams

Hotels can generate income from a variety of sources beyond room rentals. Restaurants, bars, spas, conference rooms, and event hosting services all contribute to the revenue mix. This diversification of income streams can stabilize earnings and increase the overall profitability of the investment.

You play a role in boosting tourism which means tourism helps you grow your business

Hotels are among the key beneficiaries in countries that are amping up their tourism promotion efforts. An increasing number of tourists translates to higher occupancy rates and potentially higher room rates. Locations with strong tourism appeal can offer substantial growth potential, making them attractive investment targets.

Hospitality investments are resilient

Certain segments of the hotel industry, such as budget and mid-scale hotels, tend to be more resilient during economic downturns. As travelers look for more affordable accommodation options, these hotels can maintain steady occupancy rates even in challenging economic times.

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Air India Express starts ‘Flash Sale’

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Air India Express has announced a limited-period ‘Flash Sale’ on both domestic and international flights. On domestic routes, Xpress Lite fares—the airline’s exclusive zero check-in baggage fare available only on its website—start from ₹1,250, and Xpress Value fares start from ₹1,375. The sale for domestic flights is valid for travel until 19th September 2025, and travellers can book their flights on these attractive fares through the airline’s award-winning website, airindiaexpress.com mobile app, and other major booking channels.

For international routes, ‘Flash Sale’ fares start at ₹6,131 for Xpress Lite, ₹6,288 for Xpress Value, and ₹7,038 for Xpress Flex. These discounted international fares are valid for travel on 6th, 12th, and 20th August 2025. Bookings for both domestic and international sectors are open until 25th May 2025.

The airline offers Zero Convenience Fees on Xpress Lite bookings made through its award-winning website, airindiaexpress.com. Xpress Lite fares also offer added benefits, including the option to pre-book an additional 3 kg of cabin baggage at no cost and discounted check-in baggage rates – ₹1,000 for 15 kg on domestic flights and ₹1,300 for 20 kg on international flights.

Additionally, the airline’s website offers fab deals for loyalty members, including 25% on Xpress Biz fares and upgrades. Xpress Biz is the airline’s business class equivalent with an industry-leading seat pitch of up to 58 inches. Biz seats are available on over 40 brand new Boeing 737-8 aircraft that Air India Express has recently inducted as part of its rapid expansion. Additionally, logged-in members enjoy 25% off on 10 kg Xcess Check-In Baggage and 25% off on 3 kg Xtra Carry-On Baggage. Loyalty members also get 25% off on ‘Gourmair’ hot meals, standard and prime seat selection, and Xpress Ahead priority services.

Furthermore, the airline continues to offer special discounted fares and advantages on its website for students, senior citizens, doctors, nurses, members of the armed forces, and their dependents, ensuring a wide range of benefits for flyers.

 

 

 

 

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White Desert Launches New South American Itineraries

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The custom-built Dune Camp in Paracas

White Desert, Antarctica’s  expedition company, is proud to announce The Dr. Jones Collection. In September 2025, the first of a series of new South American itineraries is being launched — Peru to Patagonia.

Venturing outside of the Polar Regions for the first time, these bespoke journeys combine the glamour of 1940s aviation and movie-set adventure. Guests will travel on a luxuriously-refitted ‘Dakota’ aircraft which can land on highly remote airstrips. This enables them to access some of the least explored locations on the continent, seamlessly and in style.

Each destination has been specifically chosen because it is nearly unknown, and guests will experience an array of utterly diverse landscapes in just 12 days.

Hiking for lost sarcophagi in Chachapoyas

Starting point: Peru. By the towering waterfall of Gocta, the third highest in the World, guests hike through Amazonian cloud forests to discover ancient mummies. A short flight and they are at our newly-created Dune Camp, nestled beside an incredible oasis, where they can dive for prized fan shells.

Amongst the salt flats of the Atacama Desert, guests have access to unparalleled star gazing before hiking through a canyon to volcanic hot springs. In Patagonia, at the Torres del Paine, they ride horses with authentic gauchos, encircled by tumbling glaciers that cascade into the open sea.

‘Just as we have done in Antarctica, I wanted to create a journey that was as adventurous as it was luxurious — and in Dr. Jones, we have found the perfect balance’, said White Desert Founder, Patrick Woodhead. ‘Even on the reconnaissance for the journey, we visited landscapes that I never knew existed. They were just so surreal!’

The interior of the refitted Dakota

Highly-experienced pilots and crew, along with a White Desert guide, accompany guests every step of the journey, ensuring a level of comfort and safety one can expect from a world-class Antarctic operator with 20 years of experience.

 

 

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GB by Novotel Hyderabad Airport is Now Open 24×7 for Round-the-Clock Indulgence

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Novotel Hyderabad Airport is redefining the dining experience for travellers and city dwellers alike with the exciting announcement that its GB by Novotel Hyderabad Airport will now be available 24×7. This move ensures that guests can indulge in their favourite cuisines and signature dishes at any hour of the day or night, offering unparalleled convenience and comfort for those arriving or departing at odd hours.

To further elevate this experience, NHA is also introducing an exclusive new beverage menu titled “Sips from the Sources.” In line with the hotel’s sustainability initiatives, this innovative menu features craft beverages made using fresh, hand-picked ingredients sourced directly from NHA’s in-house patch garden. By cultivating their own herbs, fruits, and botanicals, Novotel Hyderabad Airport is not only enhancing the authenticity and quality of its beverages but also taking a significant step toward reducing its carbon footprint and embracing a more eco-conscious approach to hospitality. The “Sips from the Sources” menu includes Green Goddess, Muddled Mary, Cilantro Smash, Earth Power, and Agronomist, each crafted to highlight the fresh and organic flavours from the patch garden, offering guests a unique and sustainable drinking experience.

“We are thrilled to make GB by Novotel Hyderabad Airport available round the clock, ensuring that our guests have access to premium dining and beverage experiences whenever they need them. With the launch of ‘Sips from the Sources,’ we are reinforcing our commitment to sustainability while offering a fresh take on beverage craftsmanship. By sourcing ingredients from our very own patch garden, we ensure that every sip is not only delicious but also environmentally responsible,” said  Sukhbir Singh, General Manager, Novotel Hyderabad Airport.

The GB by Novotel Hyderabad Airport, known for its inviting ambiance and curated menu, offers an array of signature dishes, global cuisines, and handcrafted beverages that cater to diverse palates. Whether travellers are looking for a quick bite before a flight, a late-night indulgence, or a refreshing beverage infused with garden-fresh flavours, the 24×7 GB by Novotel Hyderabad Airport ensures that exceptional dining is always within reach.

With a perfect blend of culinary innovation and sustainability, Novotel Hyderabad Airport continues to set new benchmarks in hospitality, providing guests with not just a meal, but an experience that is both indulgent and responsible.

 

 

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IndiGo reports a net profit of INR 72,584 million for the financial year ended March 2025

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Driven by strong demand for air travel and execution of our strategy, for the financial year ended  March 2025, IndiGo reported a healthy net profit of INR 72,584 million. Excluding the impact of  foreign exchange, IndiGo reported a net profit of INR 88,676 million, maintaining similar strong  performance to the last year. For the quarter ended March 2025, IndiGo reported a net profit of INR  30,675 million, the highest fourth quarter ever.

Pieter Elbers, CEO, said: “We are proud to report healthy financial performance for this quarter and the financial year 2025 as we  reported a net profit of INR 72,584 million. Our sustained performance is the result of record passenger  volumes, operational efficiencies, agility and commitment demonstrated by IndiGo employees. A big thank  you to our 118.6 million customers in FY25 for placing their trust in us and to all my IndiGo colleagues for  their great work and relentless dedication.

As we build on this momentum, we will continue to focus on cost leadership and further Internationalization  with the start of our European operations.

I am very pleased that the trust and continued support of our shareholders during the challenging covid  period and beyond can now be rewarded with a recommended dividend of 10 rupees per share. Further, our  continued performance and strong balance sheet has also been recognized by a leading International credit  rating agency by assigning an Investment grade credit rating”

InterGlobe Aviation Ltd. (“IndiGo”) reported its fourth quarter and fiscal year 2025 results.

For the quarter ended March 31, 2025, compared to the same period last year

  • Capacity increased by 21.0% to 42.1 billion
  • Passengers increased by 19.6% to 31.9 million
  • Yield increased by 2.4% to INR 5.32 and load factor improved by 1.1 pts to 87.4% • Revenue from Operations increased by 24.3% to INR 221,519 million
  • Reduction in fuel CASK by 6.6% to INR 1.60
  • EBITDAR of INR 69,482 million (31.4% EBITDAR margin), compared to EBITDAR of INR  44,123 million (24.8% EBITDAR margin)
  • Net profit of INR 30,675 million, compared to net profit of INR 18,948 million For the year ended March 31, 2025, compared to year ended March 31, 2024
  • Capacity increased by 13.1% to 157.5 billion
  • Passengers increased by 11.1% to 118.6 million
  • Yield increased by 1.3% to INR 5.15 and load factor was 86.0%
  • Revenue from Operations increased by 17.3% to INR 808,029 million
  • Reduction in fuel CASK by 3.1% to INR 1.66
  • CASK ex fuel increased by 12.5% to INR 3.00
  • EBITDAR of INR 212,520 million (26.3% EBITDAR margin), compared to EBITDAR of  INR 175,447 million (25.5% EBITDAR margin)
  • Excluding foreign exchange loss, profit amounted to INR 88,676 million, compared to profit of INR 88,897 million
  • Net profit of INR 72,584 million, compared to net profit of INR 81,725 million  • Basic earnings per share of INR 187.93

Revenue and Cost Comparisons 

Total income for the quarter ended March 2025 was INR 230,975 million, an increase of 24.8% over the  same period last year. For the quarter, our passenger ticket revenues were INR 195,673 million, an increase of 25.4% and ancillary revenues were INR 21,525 million, an increase of 25.2% compared to the same period  last year.

Cash and Debt 

As of 31st March 2025

  • IndiGo had a total cash balance of INR 481,705 million comprising INR 331,531 million of free cash and INR 150,174 million of restricted cash.
  • The capitalized operating lease liability was INR 479,801 million. The total debt (including  the capitalized operating lease liability) was INR 668,098 million.

Network and Fleet

  • As of 31st March 2025, fleet of 434 aircraft including 40 A320 CEOs (14 damp lease), 195 A320 NEOs, 135 A321 NEOs, 48 ATRs, 3 A321 freighters, 3 B777 (damp lease), 9 B737  (damp lease) and 1 B787 (damp lease); a net decrease of 3 passenger aircraft during the quarter.
  • IndiGo operated at a peak of 2,304 daily flights during the quarter including non-scheduled  flights.
  • During the quarter, provided scheduled services to 91 domestic destinations and 40  international destinations.

Operational Performance

For the period January-March’25

  • IndiGo had a Technical Dispatch Reliability of 99.92%.
  • IndiGo had an on-time performance of 81.3% at four key metros and flight cancellation rate  of 0.8%.

Future Capacity Growth

  • First quarter of fiscal year 2026 capacity in terms of ASKs is expected to increase by mid teens as compared to the first quarter of fiscal year 2025.

 

 

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MPTS 2025 welcomed a record 13,000 attendees from 50 countries

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The UK’s most powerful hub for the creative industries united for two days of engaged networking, passionate debate and exceptional insights into AI, the creator economy, production craft and more – helping attendees stay ahead-of-the-curve for the year ahead. 

After two exceptional days of conversation, collaboration and community, the biggest and buzziest MPTS yet welcomed a record 13,000 attendees from 50 countries, uniting the UK’s media and entertainment industry together in the heart of London, like never before. The exhibition is organized by Media Business Insight (MBI) Ltd, a GlobalData company.

Hosted at London’s Olympia on 14-15 May, the red-hot editorially driven program delivered 100+ free-to-attend sessions across eight theatres, showcasing the insight and passion of more than 350 expert speakers and guest keynotes. The bustling show floor was packed with more than 300 exhibitors and sponsors, showcasing imagination, determination and standout talent of the UK’s creative and technical communities – at a time of both global challenge and immense opportunity.

Setting the agenda for MPTS, a State of the Nation Production keynote outlined a media and entertainment landscape in which storytellers had to embrace screens, formats and creators of all kinds.

Kate Beal, CEO, Woodcut Media, asserted: “TV doesn’t exist anymore in the way we knew it.”

Derren Lawford, CEO, Dare Pictures, said: “We are in the middle of a decade of profound transition, and we are past the tipping point. TV is part of a wider, connected series of industries around the creation and distribution and funding of content.”

Headliners at MPTS include:

  • Producer and presenter Ross Kemp, who took us on an exhilarating tour of investigative documentaries on the front lines of conflict, drug cartels and organised crime gangs. “They will know in a second if you are not telling the truth,” he said. “I specialize in telling the truth, it is as simple as that.”
  • Georgie Holt, whose company Flight Story produces the world’s second biggest podcast ‘Diary of a CEO’, declared: “We are in the era of the Founder Creator — creators who are now in charge of media content and able to monetise spectacularly outside of traditional gatekeepers.”
  • NFL professional turned American Football broadcaster Jason Bell explained how sports coverage was evolving into the F1 Drive To Survive model, in which athlete personalities and back stories were the keys to growing audiences.
  • Blockbuster editor Eddie Hamilton gave a masterclass about the precision involved in making Top Gun: Maverick and five Mission: Impossible movies with Tom Cruise. He said: “Every nuance is refined hundreds of times. Sometimes we watch a 10-minute scene 40 times in a day, checking to see where your eye is moving in the frame.”

Diverse representation is a vital sign of the industry’s health and MPTS is proud to set the benchmark to secure equal representation and attendance from the next generation, not only across the program, but also something clearly witnessed across the show floor amongst exhibitors and attendees.

MPTS also prioritizes the crucial importance of sustainability and, in continuing association with BAFTA albert brought this conversation to the fore with experts including Peter Okell, Sky Studios Elstree; Luke Seraphin, Sky Studios and Claire O’Neill, A Greener Future speaking in the Sustainability Series.

Sam Street, Marketing Officer, BAFTA Albert commented: “MPTS is a really key moment in our calendar. It is always so great to connect with suppliers, companies, studios and creatives who share our common passion for sustainability within screen industries. It has also been really valuable to curate our sustainability series of panels across this year’s show, we’ve had some really insightful discussions and emphasised the importance of environmental focus throughout the screen industries.”

We did not need a machine to predict the high demand for news and information about AI. The brand-new ticketed AI Training program and the expanded AI Media Zone drew exceptional attendance, with exhibitors such as Dot Group, Moments Lab and Software. Conversations in these packed-out sessions revolved around the impact of AI from ideation to VFX, featuring real-world insights and discussions on bridging the gap between theory and practice from speakers including Pete Archer, BBC; Jon Roberts, ITN and Damien Viel, Banijay Entertainment.

With a record number of exhibitors already rebooking for 2026, MPTS continues to prove its value as the UK’s number one event for media and production professionals, where brands, creatives and decision-makers come together to connect, collaborate and grow.

Jane Shepard, Senior Channel Marketing Manager, Sandisk, said: “MPTS 2025 was a spectacular showcase of innovation, bringing together the brightest minds and cutting-edge technology in the industry. An unforgettable experience for all attendees.”

Tom Rundle, Application Engineer, Yamaha Music, said: “It has been very busy for us. We have seen a huge mix of customers from the broadcast sector here, but also customers from the other industries which we serve, whether that’s live or theatre who have deliberately come to the show to seek us out to speak to us. Will we be back next year? Yes, absolutely, this is the first year for us, so it was always a bit of a toe in the water, but it’s been vastly more successful than we thought it was going to be.”

Peter Alderson, Business Manager, Nikon, said: “This is our second year at MPTS, we’ve gone a little bit bigger on our stands, almost doubling it, and I think it’s definitely been worthwhile doing. We’ve partnered with RED, who we recently purchased, and MRMC so it’s making a lovely statement about where we are in the market, and I think we’re in the right place to make that statement here at MPTS.”

Jennifer Hudson, Marketing Executive, Videndum, said: “This show is really important in our calendar – we attend nearly every year and find so much value in it. We get to meet with so many different professionals within the industry, and this year has been really, really positive for us. We’ve walked away with quite a few leads and made new relationships. It’s a fantastic show, and we would thoroughly recommend anyone thinking about coming and having a stand here to definitely do it – you won’t regret it.”

Will Pitt, Head of Sales Solutions, Techex, said: “My impression of the show is that it’s been incredibly busy and very positive. Techex particularly specialise in solving some of the headaches that a lot of the broadcast industry is grappling with at the moment, namely, how they transition into an IP-led architecture from a legacy architecture and what that journey looks like. As such, our standards have been packed pretty much throughout the show to come and look at products, but also to come and talk about ideas and lean into what that journey looks like specifically for them. So not a generic journey, but specific to their drivers and their wants and needs in the short and medium term. We particularly like MPTS because it’s London based and many of the engineers that we speak to and collaborate with are based here and therefore it’s an easy journey for them to take half a day, a day out to come and investigate what we have to offer, but also to have those conversations. And so for organisations like WBD or Sky, the BBC, ITV, etc. They can come here quite easily and engage with us, spend some time talking in real life and not over teams or Zoom.”

Charlotte Wheeler, Event Director, MPTS said: “Without doubt, 2025 was the most stimulating, ahead-of-the-curve MPTS yet. At a time when we are seeing the industry under real pressure from budget cuts to talent shortages and perpetual change, the conversations and connections on the show floor were positive and demonstrated infectious community spirit. The level of attendance and the quality of attendees from across all sectors of the industry was incredible – not just stakeholders in technology but representatives from production and commissioning, the creator economy, those new to the industry and freelancers were all brought together by MPTS under one roof.

“A huge amount of work goes into making sure that there is equal representation across our extensive conference programme. I am proud that MPTS is one of – if not the – most diverse shows both in terms of attendees and panellists.

“Thank you to everyone for exhibiting, sponsoring, speaking, attending and engaging with the show to make MPTS such a thrilling success. We are already planning for 2026, which marks MPTS’ 10th edition, so look forward to a landmark celebration!”

Save the date for MPTS 2026 when we return to Olympia Grand Hall, London on 13 – 14 May 2026.

The conversation does not stop when the doors close. MPTS is more than just two days a year – it is a connected, year-round community for the broadcast and media industry.

 

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