Oyo Hotels & Homes, the young and rapidly expanding India-based hotel startup, has announced plans to invest $300 million into increasing the company’s footprint in its “newest home market” of the U.S.
The growth will be driven by two of the company’s budget hotel brands, Oyo Hotels and Oyo Townhouse, it said. The expansion will focus on Oyo’s under-penetrated markets such as New York, Los Angeles, and San Francisco.
Thailand is already struggling to cope with the environmental impact of a tourism boom that’s expected to lure 40 million visitors this year. The influx is on course to hit 65 million a decade from now, signaling an even bigger challenge ahead.
Southeast Asia’s second-largest economy plans to pour about $13 billion into expanding airport capacity and connecting major terminals with high-speed railways. As a result, foreign tourist numbers could jump more than 60% by 2029 to about the size of the U.K. population, projections from The World Travel & Tourism Council show.
Carnival Cruise Line’s highly-anticipated ship, Mardi Gras, is making a splash with the very first roller coaster at sea. The ship, which is set to debut next year, announced a slew of exciting new features, including a motorcycle-themed coaster, a Family Feud Live! show, and expanded food offerings.
Whether you’re a wellness traveler seeking a luxury experience — such as a celebrity-hosted summit or an exclusive spa getaway — or seeking the ultimate eco-adventure, worry not: There’s now a trip for you.
More affluent travelers are looking to spend their cash on trips centered around their physical and mental well-being, like high-end retreats complete with in-house therapists, wellness coaches, and personal trainers, or luxury events like the Goop Wellness Summit hosted by Gwyneth Paltrow. Recent research shows this trend as well. In Skift’s U.S. Affluent Traveler Survey 2019, 78 percent of respondents said they are interested in incorporating wellness into their travels in some way.