Radisson expands presence in India with five new hotel openings
Radisson Hotel Group has further strengthened its footprint in India by opening five new hotels in the first half of 2025. This strategic expansion underscores the group’s commitment to delivering quality branded hospitality. The newly launched properties in Jamshedpur (Jharkhand), Yelahanka (Bengaluru), Koti (Shimla), Gaj (Punjab), and Prayagraj (Uttar Pradesh) reflect Radisson’s focus on diversifying its portfolio and catering to a wide range of traveller segments.
IRCTC to sign MoU with Mizoram Tourism to boost travel
IRCTC is set to sign an MoU with Mizoram Tourism next week to jointly promote regional and international travel. The partnership aims to enhance regional connectivity, boost ecotourism, and showcase Mizoram’s scenic and cultural richness. IRCTC will curate travel packages highlighting the state’s attractions for domestic and international tourists while also offering outbound tours for Mizoram residents to Nepal, Bhutan, Thailand, Singapore, Malaysia, Vietnam, and Europe.
Sterling crosses ₹5 billion annual revenue for the first time
Sterling Holiday Resorts has recorded a total revenue from operations of ₹5,202 Mn for FY25, marking 13% YoY growth. Sterling maintained a healthy EBITDA margin of 34% in FY25 and remained completely debt-free. FY25 saw Sterling cross 3,200 keys and expand to 61 resorts, in 53 destinations across the country, with the launch of new resorts in Q4 at Jaisalmer (in Rajasthan), Tipeshwar (Maharashtra) and Amritsar (Punjab).
Vivid Sydney 2025 kicks-off in spectacular fashion
Vivid Sydney 2025, Australia’s largest event, has officially begun its 15th year. Under this year’s theme of Dream, a world class curation of light, ideas, music and food await festival goers over 23 nights, until June 14. Making Vivid Sydney more accessible than ever, over 75 per cent of this year’s program is free to enjoy, including the entire Vivid Light Walk. Martin Place also makes a welcome return to the festival footprint after a seven-year absence.
#First Opinion
“Summer has always remained the peak season for tourists to pack their bags and travel to their choice of destination. The peak travel season typically aligns with the summer holidays from May to July, witnessing the highest volume of visa applications. Year-on-year data shows an average volume growth of 15-20%, reflecting the steadily rising demand for international travel. The trend that we are witnessing now is that Spain is emerging as one of the high-profile countries in Europe for Indians. The US, Europe, and North America remain the top priority for the Indians to visit. They are keen to explore new countries like Slovakia. Traffic to Italy, and France are also attracting a lot of Indian tourists.”
Shikhar Aggarwal,
Joint Managing Director, BLS International
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