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Funding and advertised pay are reported in USD; filed accounts retain their stated source currency and basis.

Exchange-rate basis

Indicative conversions use ECB reference rates dated 2026-09-14, applied consistently across all periods. They are not historical exchange rates. Indian rupees may use crore (1 crore = 10 million); other currencies use K, M and B. CSV downloads, source documents and quoted news headlines retain their original currencies.

THE INDIA EDITION 2026

India’s
travel and hospitality industry,
in focus.

The companies, capital and talent shaping travel and hospitality in India. Find the leaders. Understand the segments. See where the activity is.

Explore in Radar Read the key signals
Snapshot: Funding in USD
Illustrated cover for Travel and Hospitality Industry Landscape of India
IN
COMPANIES · CAPITAL · TALENT

An industry ecosystem,
measured in context.

Travel and Hospitality illustration
Companies tracked 6,392Travel and Hospitality ecosystem in India Disclosed funding $7.59B84 companies · all recorded rounds Companies hiring 295With open roles at the snapshot Tracked open roles 53465 employers posted in the preceding 30 days
MEET THE COMPANIES

Explore India’s travel and hospitality leaders

24 featured companies from the funding, hiring, revenue and team-size leaderboards.

Expand panel +
Explore the full landscape
Travel and Hospitality company highlights in India, snapshot 6 August 2026
Company
BMRCLenglish.bmrc.co.in$2.63B——$84.62MFYFY2025 filing
Adani Airportsadaniairports.com$1.75B—303—
SpiceJetspicejet.com$616.81M—7,131$552.98MFYFY2025 filing
Samhi Hotelssamhi.co.in$414.09M—26—
Jet Airwaysjetairways.com$380.58M—16,015—
Vistaraairvistara.com$273M—2,717$1.59BFYFY2024 filing
Akasa Airakasaair.com$188.2M6 roles4,257Financial figure available in RadarView in Radar
Lemon Tree Hotelslemontreehotels.com$128.72M—1,001—
Hyatt regencyregency.hyatt.com—13 roles2,388—
Chiliad Proconschiliadprocons.in—7 roles——
Affinity Travelsaffinitytravels.in—6 roles——
Rahoraho.co.in—6 roles——
Total Holiday Optionstotalholidayoptions.in—6 roles30—
CGH Earthcghearth.com—5 roles2,500$11.22MFYFY2025 filing
Metanoia Expeditionsmetanoiaexpeditions.com—5 roles——
AISATSaisats.in——7,500—
Air Indiaairindia.com——20Financial figure available in RadarView in Radar
Air India Expressairindiaexpress.in——750Financial figure available in RadarView in Radar
Club Mahindraclubmahindra.com——3,704—
Delhi International Airportnewdelhiairport.in——1,750Financial figure available in RadarView in Radar
IHCLihcltata.com——3,048$514.52MFYFY2025 filing
ITC Hotelsitchotels.com————
Taj Hotelstajhotels.com——5,756Financial figure available in RadarView in Radar
Travel Food Servicestravelfoodservices.com——3,402$127.06MFYFY2025 filing
24 featured companies

Locked revenue figures are available in Radar; the eight company financial previews stay the same throughout this page. A dash means the figure is outside these featured lists. Revenue years vary by company; the figures are not a like-for-like revenue comparison. Compare annual accounts ↗

Company discovery

Recorded evidence only

Explore the live startup set in Radar

No company example met every recorded classification, independence and public-profile gate in this snapshot. The live directory may have newer qualifying companies.

Explore classified startups in Radar ↗
THE KEY SIGNALS

Travel and Hospitality industry KPIs in India

A few useful ratios bring the size of this ecosystem into perspective.

6 August 2026
Hiring participation4.6%

295 of 6,392 tracked companies have open roles.

Funding participation1.6%

105 of 6,392 tracked companies have a recorded round.

Top 3 funding share65.9%

Share of disclosed capital received by the three largest recorded recipients.

Median disclosed round$2.9M

Midpoint of 98 rounds with a disclosed amount.

Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 65.9% of disclosed capital, while 98.4% of tracked companies have no recorded funding round.

Explore the segments →
CAPITAL & COMPANY FORMATION

How India travel and hospitality has grown

Recorded company formation and disclosed funding across the complete annual series shown.

Expand panel +
2016 — 2025

Disclosed funding by year

Sum of recorded funding rounds · USD

India travel and hospitality
$0$285.93M$571.86M$857.79M$1.14B2016: $28.54M20162017: $694.91M20172018: $458.9M20182019: $348.55M20192020: $3.11M20202021: $553.71M20212022: $1B20222023: $261.49M20232024: $999.09M20242025: $957.89M2025
View the numbers
Annual travel and hospitality funding and company formation in India
YearFunding (USD)FoundedRaising
2016$28.54M2079
2017$694.91M2816
2018$458.9M3768
2019$348.55M4057
2020$3.11M3963
2021$553.71M3166
2022$1B2996
2023$261.49M29612
2024$999.09M18415
2025$957.89M4910
WHERE CAPITAL SITS

Funding concentration

Share of all disclosed company funding.

  • BMRCL34.7%
  • Adani Airports23.1%
  • SpiceJet8.1%
  • Other companies34.1%

Funding by stage

123 recorded rounds since 2016

NUMBER OF ROUNDS
Seed & Angel60 48.8%
Series A–B24 19.5%
Series C+ / PE11 8.9%
Grants, debt & other28 22.8%

Recent recorded rounds

Latest recorded rounds · USD
2 rounds

Swipe or scroll horizontally to browse.

Conventional Debt03/2026
BMRCL $651.85M

Backed by JICA.

Largest and notable recorded rounds

Each card is one recorded round
10 cards

Swipe or scroll horizontally to browse.

THE BUSINESS BEHIND THE ACTIVITY

Revenue, profitability & financial strength

Annual accounts for reporting companies linked to this landscape, on like-for-like currency and reporting bases.

Expand panel +
₹ crore · standalone

Display conversions use the dated reference rates above. Where a verified rate is unavailable, figures retain their source currency. Each reporting cohort keeps its currency and accounting basis separate.

FY2025 · annual statements grouped by reported fiscal year; exact entity periods remain on preview rows · 837 reporting entities from 1111 eligible matches.

Revenue in covered accounts₹252,334.4 crore

Sum of reporting-entity revenue; not India market sales.

Net profit / loss₹7,281.3 crore

Combined result for the same cohort.

Aggregate net margin+2.9%

Combined net income ÷ combined revenue.

Median company revenue₹11.0 crore

The middle covered reporting entity.

Profitable entities+72.0%

603 of 837 covered entities.

Top-five concentration+63.2%

Share of covered revenue from the five largest entities.

Annual account trend

Reported cohort totals by year; coverage is stated for every period.

Bar height shows revenue. Changes in coverage can affect totals.

Profitability has two perspectives

FY2025 · 837 reporting entities

Open the company accounts

Up to eight fixed company previews show financial amounts. Search and sort the wider company list, then continue in Radar.

837 reporting entities
Continue your financial research in Radar

Explore full company accounts and filings.

View financials in Radar ↗
INDIA · INDUSTRY COHORTS

How does travel and hospitality compare?

Each pair uses the same year, currency and reporting basis. Cohort overlap is disclosed.

IndustryCovered / eligibleRevenue totalMedian revenueNet profit / lossAggregate marginProfitable shareOverlap

Available-account cohorts are not estimates of whole industries. Overlapping entities can occur in more than one cohort; do not add cohort totals.

Coverage, calculations & financial sources

Filed annual accounts for exact designated national identifiers. Every aggregate and peer pair uses one fiscal year, source currency and reporting basis; periods, coverage and overlap are explicit; 2026 partials are excluded.

The same up to eight reporting entities remain open across years, filters and sorts. Other company figures are available in Radar.

Source currencies and accounting bases stay separate. Missing accounts are excluded rather than treated as zero. Exact reporting periods appear on company previews. Annual totals can change with coverage and do not measure growth of a fixed company cohort.

DIGITAL FOOTPRINT

Web traffic, app reach and release cadence

How the India companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.

Busiest websites

44 of the 6,446 companies on this page carry a measured traffic record (0.7%); these are the largest of those, by monthly visits. The median among them is 308,214 visits.

CompanyMonthly visitsAuthorityMobile
IndiGogoindigo.in12,360,8558270.3%
Air Indiaairindia.com6,672,3977465.8%
Apahotelapahotel.com3,464,3736981.4%
Air India Expressairindiaexpress.com3,371,0896077.1%
Wonderla Holidayswonderla.com2,121,4335494.4%
Taj Hotelstajhotels.com1,789,1597081.1%
YatraDham.Orgyatradham.org1,616,5905892.3%
Delhi Metro Rail Corporationdelhimetrorail.com1,466,6626987.6%
Akasa Airakasaair.com1,332,3974780%
Club Mahindraclubmahindra.com896,1715788.2%

Visits and authority are third-party web estimates, not company-reported figures.

Most-installed apps

288 of these companies (4.5%) publish at least one Android app — 417 apps in all, carrying 91.9M installs between them.

AppInstallsRatingStore category
IndiGo Flight Booking AppIndiGo28.3M3.7Travel & Local
Air India: Book Flight TicketsAir India8.6M4.7Travel & Local
SpiceJetSpiceJet6.7M2.6Travel & Local
RedTaxi: Book Cab, Auto & BikeRed Taxi5.6M4.2Maps & Navigation
FabHotels: Hotel Booking AppFabHotels5.4M3.9Travel & Local
KSRTC AWATAR Booking AppKSRTC5.1M4.2Travel & Local
Timezone Fun AppTimezone4.5M—Entertainment
Tripozo: Train Flight & TravelTripozo4M4.6Travel & Local
アパ直：アパ　トラベル　ホテル直接予約Apahotel2.7M—Travel & Local
TGSRTC Official Online BookingTSRTC2.1M2.8Travel & Local

Installs are lifetime totals to date at the June 2026 store reading — a measure of reach, not of people using an app today.

App reach by segment

The busiest app inside each of this page’s own segments, with the quarterly release trend behind it (2024Q1–2026Q2).

SegmentAppsInstallsLeading appRelease trend
Passenger Airlines1345.4MIndiGo Flight Booking App 28.3M
Bus Operators6910.5MKSRTC AWATAR Booking App 5.1M
Hotels3810.2MFabHotels: Hotel Booking App 5.4M
Car Rentals1178.5MRedTaxi: Book Cab, Auto & Bike 5.6M
Travel Agencies636.7MTripozo: Train Flight & Travel 4M
Theme & Amusement Parks74.6MTimezone Fun App 4.5M
Passenger Rail Operators113.2MDMRC Rydr 1.7M
Restaurants22.7Mアパ直：アパ　トラベル　ホテル直接予約 2.7M

A company can carry several segment tags, so these rows overlap and should not be added together. Trend lines are zero-based and share one quarter grid, so a flat line is a quiet segment, not a missing one.

Release cadence by quarter

New apps published, beside apps whose most recent update landed in that quarter — the second bar is how much of the shelf is still being maintained.

2023Q2: 62023Q2: 42023Q22023Q3: 72023Q3: 32023Q32023Q4: 102023Q4: 72023Q42024Q1: 42024Q1: 82024Q12024Q2: 102024Q2: 102024Q22024Q3: 132024Q3: 132024Q32024Q4: 122024Q4: 182024Q42025Q1: 112025Q1: 182025Q12025Q2: 82025Q2: 142025Q22025Q3: 92025Q3: 322025Q32025Q4: 52025Q4: 642025Q42026Q1: 112026Q1: 832026Q1

Darker bars are new releases, lighter bars apps updated. 213 of 417 apps carry a release date. The series ends at 2026Q1, the last quarter that closed before the June 2026 reading.

INSIDE THE INDUSTRY

The India travel and hospitality market map

Explore the segments behind the headline numbers.

Expand panel +

Where companies are building

Rank segments by scale, hiring or disclosed funding.

Consumer digital50
Travel and hospitality tech50
Auto tech31
B2c e-commerce28
Shared mobility26
Enterprise tech23
Cab ride-hailing16
Gig employers13
Marketplaces12
Online rental8
Online travel agencies7
Enterprise software6

Companies can sit in several segments. Counts and funding overlap.

SEGMENT TO EXPLORE

Consumer digital

The largest measured segment in this report snapshot.

50companies
6.0%have hiring activity

3 companies hiring · $4.27M disclosed funding

Explore in Radar

How companies make money

Common revenue models; a company can use more than one.

Fee-for-service3,291
Commission on transaction2,459
E-commerce - service1,764
Advertising1,640
Subscription378
E-commerce - product365
Renting / leasing326
Physical commerce221
THE COMPANIES IN MOTION

Who is listing, hiring leaders, launching and winning work

Recorded corporate activity linked to companies in this landscape.

Expand panel +
Recent corporate headlines 10 dated reports
Mergers & acquisitionseihltd.com ↗

Egypt’s first listed special purpose acquisition company, Catalyst Partners Middle East (CPME), has launched due diligence to fully acquire precious metals investment and consulting firm EIH, also known as Evolve Holding, through a share swap, CPME CEO Abdelaziz Abdel Nabi told Zawya.

Mergers & acquisitionsltmetro.com ↗

Larsen & Toubro (L&T) has announced the complete divestment of its stake in L&T Metro Rail (Hyderabad) Limited for a consideration of ₹1,461.47 crore.

Mergers & acquisitionschalethotels.com ↗

Chalet Hotels has successfully completed the first tranche of its acquisition of Seasons Hotels Private Limited, officially making it a subsidiary of the company.

Funding roundsimagicaaworld.com ↗

Imagicaaworld Entertainment Limited has announced the execution of financing agreements totalling Rs 65 crore with Axis Bank Limited and IDBI Trusteeship Services Limited.

Mergers & acquisitionshotelivate.com ↗

Global real estate advisory firm Savills has acquired majority stake in Hotelivate, a leading hospitality advisory firm with presence across South Asia, at an undisclosed amount.

Mergers & acquisitionstheparkhotels.com ↗

Ms. Indrani Dasgupta Paul, who is part of the promoter group and an immediate relative of a promoter, has acquired 9,380 equity shares of the company.

Mergers & acquisitionsairindiaexpress.in ↗

Further, AirAsia (India) Pvt. Ltd. (now AIX Connect Pvt. Ltd.) has merged with Air India Express Ltd., and Tata SIA Airlines Ltd. (Vistara) has merged into Air India Ltd,

Funding roundsgozoomies.in ↗

Pet food startup Zoomies has raised ₹5 crore in a pre-seed funding round led by D2C Insider Super Angels

Mergers & acquisitionsairworks.aero ↗

Adani Enterprises said its subsidiary has increased its stake in Air Works India to 99.98% after acquiring an additional 14.2% shareholding.

Mergers & acquisitionssamhi.co.in ↗

Branded hotel ownership and asset management platform SAMHI Hotels is set to acquire a 70% stake in experiential hospitality platform RARE India for ₹47.39 cr.

Full recorded event mix

Top 10 categories among 3,985 recorded events in the 24-month window.

Company announcements
1,452
Earnings
1,011
Contracts
390
Lawsuit
203
Mergers & acquisitions
192
Leadership moves
185
Asset acquisitions
126
IPO activity
112
Regulatory
106
Funding rounds
98
7 activity cards

Swipe or scroll horizontally to browse.

Leadership moves

62 tracked people moves

Rajiv Vimal

Appointment Chief Financial Officer

Vimal Agarwal

Resignation Previously Chief Financial Officer

Air India ↗
Campbell Wilson

Resignation Previously Chief Executive Officer

Air India ↗
Na

Appointment Chief Executive Officer

Air India ↗
Nipun Aggarwal

Appointment Commercial Head

Vistara ↗
Vinod Kannan

Promotion Chief Commercial Officer

Christoph Schnellmann

Departure Board Member

Suba Hotels ↗
Hakimuddin Kanorwala

Appointment Chief Finance Officer

Product launches

Products, platforms and features in the recorded window

Suba Hotels ↗
Comfort Hotel Kishore, Azamgarh

Hotel

Suba Hotels ↗
Click Collection Aster, Jaipur

Hotel

Air India ↗
B787-9 aircraft

Aircraft

Air India ↗
Boeing 787-9 Dreamliner

Aircraft

Thomas Cook ↗
Europe Summer 2026 portfolio

Travel Packages

Thomas Cook ↗
TACY

AI-generated digital avatar / Travel Assistant

CAT III Instrument Landing System upgrade on runway 10/28

Runway Infrastructure

Airport Predictive Operations Centre (APOC)

Airport Operations

Regulatory events

91 recorded events

approved for acquisition

warned that it could lead to adverse measures under the treatyU.S. Department of Transportation

approved for acquisitionCompetition Commission of India

approved internal restructuringCompetition Commission of India

Litigation

29 tracked suits

Company
spicejet, Ajay Singh v Kalanithi Maran, KAL Airways Pvt. Ltd.

arbitration dispute paymentCivil · Verdict

Company
Kalanithi Maran, Kal Airways v spicejet

share transfer arrangement disputeCivil · Ongoing

Earnings pulse

Reported company results in the recorded window.

93companies
952period observations
13.5%median reported growth

Median across 779 reported growth observations; companies may contribute multiple periods.

Mergers and acquisitions

Company-linked deal reports; status is preserved as recorded.

Acquirer → targetStatusDateValue / context
indigo→Air India ↗Rumored2026-06-30Not stated in snapshot
Tata Group of Extension→Air India ↗Completed2026-06-19Not stated in snapshot
Kalanithi Maran→SpiceJet ↗Announced2026-06-12Not stated in snapshot
Catalyst Partners Middle East (CPME)→EIH ↗Announced2026-04-30Not stated in snapshot
L&T Metro Rail→L&T Metro Rail (Hyderabad) LimitedAnnounced2026-04-30Not stated in snapshot
Chalet Hotels→seasons hotelsCompleted2026-04-25Not stated in snapshot

A discussion or rumour is not a completed transaction. An unstated value is not zero.

PEOPLE & OPPORTUNITY

The talent market

533 postings in the preceding 12 months. The full 960-posting snapshot covers 168 employers.

Expand panel +

Most advertised job titles

Officer/Executive Customer Service & Ramp Delhi7
F&B Captain5
Executive Paramedic Nurse4
Executive Revenue Management4
Senior Executive Revenue Management4
Sales Manager4
4 internship postings

3 tracked postings mention remote work.

The seniority mix

466 postings specify a level.

unspecified
494
manager
238
senior
133
lead
49
intern
25
entry
21

Skills employers mention

Top skills across 960 tracked postings in the available jobs snapshot.

Customer Service
53
Project Management
40
Sales
36
Communication Skills
35
Communication
35
Ms Office
30
Negotiation
26
Python
25
Analytical Skills
24
Autocad
23
THE PEOPLE BUILDING THE FIELD

Founders and leaders

1,381 founders and chief executives across 1,138 companies.

Expand panel +
12 profiles

Swipe or scroll horizontally to browse.

Education networks

72 profiles with education records.

Cornell University
8
University of Delhi
6
London School of Economics and Political Science
5
IIT Delhi
4
Harvard Business School
3
IIM Bangalore
3
BITS Pilani
3
University of Pennsylvania
3

Prior employers

11 profiles with prior-work records.

Uber
2
Goldman Sachs
2
Bain
2
Amazon
1
Flipkart
1
Boston Consulting Group
1
Google
1
Myntra
1

Profiles cover recorded founders and leaders; contact details remain in Radar.

NEWS INTELLIGENCE

How this industry appears in the news

1,401,056 articles in the measured 12-month window.

Expand panel +
1,401,056articles in the measured year
364,251articles in 2026Q1
60.1%positive tone in the latest complete year

News volume trends

Travel and Hospitality coverage across India · articles per complete quarter

0127,280254,561381,841509,1212021Q2: 207,5192021Q22021Q3: 221,6242021Q4: 190,8832022Q1: 224,2092022Q2: 239,9152022Q22022Q3: 273,9612022Q4: 280,4482023Q1: 316,9312023Q2: 288,5102023Q22023Q3: 303,7902023Q4: 275,9532024Q1: 301,9282024Q2: 307,4152024Q22024Q3: 340,4822024Q4: 350,0232025Q1: 391,0182025Q2: 327,2682025Q22025Q3: 442,7142025Q4: 274,6512026Q1: 364,2512026Q1
View quarterly article counts
QuarterArticles
2021Q2207,519
2021Q3221,624
2021Q4190,883
2022Q1224,209
2022Q2239,915
2022Q3273,961
2022Q4280,448
2023Q1316,931
2023Q2288,510
2023Q3303,790
2023Q4275,953
2024Q1301,928
2024Q2307,415
2024Q3340,482
2024Q4350,023
2025Q1391,018
2025Q2327,268
2025Q3442,714
2025Q4274,651
2026Q1364,251

Article volume measures coverage, not market sales.

Tone of coverage over time

2021
428,960 positive · 51,288 neutral · 237,872 negative
2022
623,878 positive · 74,005 neutral · 318,962 negative
2023
759,478 positive · 83,392 neutral · 340,579 negative
2024
828,802 positive · 122,383 neutral · 346,706 negative
2025
861,527 positive · 173,662 neutral · 398,120 negative

Leading coverage topics

Travel and Hospitality coverage across India · ranked by full-period article count.

Geopolitical Disputes And Contested Areas300,692 articles in the full recorded period
100,378 recent · 75,614 prior
International And Transnational Geographic Entities300,672 articles in the full recorded period
100,370 recent · 75,613 prior
Administrative And Political Subdivisions300,616 articles in the full recorded period
100,352 recent · 75,604 prior
International Sports Competitions114,481 articles in the full recorded period
25,943 recent · 25,526 prior
International Political Relations73,819 articles in the full recorded period
21,514 recent · 14,404 prior
New Product Launches And Innovations60,478 articles in the full recorded period
16,829 recent · 13,046 prior
Political Party Dynamics57,171 articles in the full recorded period
11,279 recent · 10,931 prior
Cricket Test Matches56,681 articles in the full recorded period
12,710 recent · 11,379 prior
Strategic Partnerships And Collaborations52,404 articles in the full recorded period
14,891 recent · 11,044 prior
Trade Policies And Agreements47,093 articles in the full recorded period
21,205 recent · 10,954 prior

Recent and prior counts use the source comparison windows.

Topics gaining and losing attention

Travel and Hospitality coverage across India

KeywordRecentPriorChange
tariff negotiations10,7685,326102%
bilateral trade4,2722,27688%
trade dispute mechanisms4,1862,079101%
trade barrier reduction4,1532,28682%
trade facilitation commitments4,0072,08193%
countries3,8951,730125%
free trade deals3,7982,28466%
multilateral diplomacy3,6222,55442%
diplomatic strategies3,5342,22159%
bilateral trade imbalance3,0411,91958%
odi cricket5,6839,275-39%
limited overs cricket5,4629,006-39%
odi tactics5,3188,472-37%
odi series4,9568,060-39%
odi rankings4,7337,763-39%

Event and signal lenses

Travel and Hospitality coverage across India

All complete annual cohorts shown
Rising

Regulatory Risk

1,942,357 classified articles

territories, disputed islands, test cricket

43.1% critical · 27.6% positive
Rising

Funding Momentum

260,144 classified articles

pre-ipo valuation, ipo prospectus, ipo pricing

48.3% critical · 45.8% positive
Rising

Growth

539,936 classified articles

gdp growth rate, economic output growth, economic growth statistics

46.7% critical · 50.4% positive

Travel and Hospitality coverage across India. Topic labels describe recorded classifications and can include broad context.

DEMAND, SUPPLY & PLACE

Where demand signals run ahead of mapped supply — India

Compare demand signals in India’s newsflow with the travel and hospitality categories mapped to each signal.

Expand panel +
HOW TO READ THE GAP

Signal percentile − supply percentile = gap in percentile points. Positive gaps highlight questions to investigate. A high signal can reflect spending pressure or access friction, as well as potential demand.

The comparison is relative to the signal families on this page. A supply percentile of zero means the lowest relative reading, not zero companies. It is a prioritisation clue, not measured market size or unmet demand.

COMPARISON PERIOD2025-05-01 to 2026-05-01Against 2024-05-01 to 2025-05-01Explore the signals ↓

The opportunity, in one view

Signal and mapped-supply percentiles, their gap, and change in the signal’s article share.

Swipe horizontally to compare all columns →

7 India demand signals compared with mapped travel and hospitality supply
Signal familySignal percentileSupply percentileRelative gapGap (points)Signal share vs prior year
Inflation & spending pressure ↗Spending Pressure58.30.0+58.3+28.9%
Layoffs & income shocks ↗Spending Pressure58.325.0+33.3+77.0%
Highways & expressways ↗Connectivity Build-Out58.350.0+8.3+22.4%
Tourism footfall ↗Demand Driver50.087.5-37.5+62.6%
Airports & air links ↗Connectivity Build-Out41.787.5-45.8+62.9%
Rail & metro connectivity ↗Connectivity Build-Out83.3—No matching category—+86.9%
E-commerce & quick delivery ↗Channel Shift0.0—No matching category—-5.9%

Showing all 7 signals. Select a family for its history and mapped categories.

Where the signals are loudest

All 12 city readings for these demand families in the comparison geography. India is highlighted.

Mentions per 10,000 articles

Each city’s reading is a share of its own coverage.

Himachal Pradesh212.3

Highways & expressways · Tourism footfall · Layoffs & income shocks

Manipur200.9

Highways & expressways · Tourism footfall · Layoffs & income shocks

Uttar Pradesh197.8

Highways & expressways · Rail & metro connectivity · Airports & air links

Jammu And Kashmir176.5

Highways & expressways · Rail & metro connectivity · Tourism footfall

Uttarakhand166.8

Highways & expressways · Tourism footfall · Rail & metro connectivity

Maharashtra160.1

Highways & expressways · Inflation & spending pressure · Rail & metro connectivity

Delhi149.5

Highways & expressways · Rail & metro connectivity · Airports & air links

Haryana147.8

Highways & expressways · Rail & metro connectivity · Tourism footfall

Karnataka145.4

Highways & expressways · Rail & metro connectivity · Layoffs & income shocks

Assam137.2

Highways & expressways · Tourism footfall · Rail & metro connectivity

Kerala127.8

Highways & expressways · Tourism footfall · Rail & metro connectivity

Rajasthan117.8

Highways & expressways · Tourism footfall · Rail & metro connectivity

Inside the leading signals

Open any signal for its quarterly history
SPENDING PRESSUREInflation & spending pressure+58.3percentile-point gap
THE OPERATING HYPOTHESIS

Sustained price pressure can shift spending toward value formats.

20.73mentions per 10,000 articles+28.9%share change vs prior year

Mapped travel and hospitality categories

  • Online Rental8

Companies can appear in multiple categories; these counts are not a unique-company total.

Quarterly share of India coverage

Mentions per 10,000 articles · zero baseline

081725342024Q3: 122024Q32024Q4: 182024Q42025Q1: 152025Q12025Q2: 212025Q22025Q3: 292025Q32025Q4: 152025Q42026Q1: 152026Q1
View quarterly signal counts
Inflation & spending pressure in India coverage
QuarterMentionsPer 10,000 articles
2024Q362612.26
2024Q494118.58
2025Q174915.96
2025Q281421.58
2025Q3141129.26
2025Q459215.92
2026Q173615.6

Where this signal concentrates in the comparison geography

Maharashtra35.3 / 10,000
Kashmir13.8 / 10,000
Kerala8.8 / 10,000
SPENDING PRESSURELayoffs & income shocks+33.3percentile-point gap
THE OPERATING HYPOTHESIS

Layoff cycles can pull discretionary spend back toward value offerings.

11.25mentions per 10,000 articles+77.0%share change vs prior year

Mapped travel and hospitality categories

  • Shared Mobility26
  • Gig Employers13
  • Online Rental8

Companies can appear in multiple categories; these counts are not a unique-company total.

Quarterly share of India coverage

Mentions per 10,000 articles · zero baseline

04711142024Q3: 72024Q32024Q4: 42024Q42025Q1: 62025Q12025Q2: 92025Q22025Q3: 122025Q32025Q4: 102025Q42026Q1: 82026Q1
View quarterly signal counts
Layoffs & income shocks in India coverage
QuarterMentionsPer 10,000 articles
2024Q33727.29
2024Q42294.52
2025Q13246.91
2025Q23479.2
2025Q359112.25
2025Q438710.41
2026Q14238.96

Where this signal concentrates in the comparison geography

Karnataka21.4 / 10,000
Maharashtra11.3 / 10,000
CONNECTIVITY BUILD-OUTHighways & expressways+8.3percentile-point gap
THE OPERATING HYPOTHESIS

Corridor build-out can collapse travel time, widening every catchment.

53.0mentions per 10,000 articles+22.4%share change vs prior year

Mapped travel and hospitality categories

  • Shared Mobility26
  • Cab Ride-Hailing16
  • Online Rental8

Companies can appear in multiple categories; these counts are not a unique-company total.

Quarterly share of India coverage

Mentions per 10,000 articles · zero baseline

0163249652024Q3: 502024Q32024Q4: 422024Q42025Q1: 432025Q12025Q2: 402025Q22025Q3: 562025Q32025Q4: 442025Q42026Q1: 532026Q1
View quarterly signal counts
Highways & expressways in India coverage
QuarterMentionsPer 10,000 articles
2024Q3259050.72
2024Q4216142.67
2025Q1205443.77
2025Q2152340.39
2025Q3272656.52
2025Q4164544.23
2026Q1254353.89

Where this signal concentrates in the comparison geography

Himachal Pradesh172.4 / 10,000
Manipur153.9 / 10,000
Uttar Pradesh134.8 / 10,000
DEMAND DRIVERTourism footfall-37.5percentile-point gap
THE OPERATING HYPOTHESIS

Visitor flows can convert into discretionary spend where they land.

12.34mentions per 10,000 articles+62.6%share change vs prior year

Mapped travel and hospitality categories

  • Travel And Hospitality Tech50
  • Online Travel Agencies7

Companies can appear in multiple categories; these counts are not a unique-company total.

Quarterly share of India coverage

Mentions per 10,000 articles · zero baseline

04812172024Q3: 62024Q32024Q4: 72024Q42025Q1: 82025Q12025Q2: 102025Q22025Q3: 132025Q32025Q4: 142025Q42026Q1: 92026Q1
View quarterly signal counts
Tourism footfall in India coverage
QuarterMentionsPer 10,000 articles
2024Q33336.52
2024Q43767.42
2025Q14128.78
2025Q239610.5
2025Q364913.46
2025Q453514.39
2026Q14449.41

Where this signal concentrates in the comparison geography

Meghalaya44.6 / 10,000
Ladakh39.7 / 10,000
Kerala31.8 / 10,000
CONNECTIVITY BUILD-OUTAirports & air links-45.8percentile-point gap
THE OPERATING HYPOTHESIS

If new terminals and routes pull business and tourist inflow, demand tends to follow the passenger.

6.79mentions per 10,000 articles+62.9%share change vs prior year

Mapped travel and hospitality categories

  • Travel And Hospitality Tech50
  • Online Travel Agencies7

Companies can appear in multiple categories; these counts are not a unique-company total.

Quarterly share of India coverage

Mentions per 10,000 articles · zero baseline

0358112024Q3: 32024Q32024Q4: 32024Q42025Q1: 52025Q12025Q2: 52025Q22025Q3: 62025Q32025Q4: 92025Q42026Q1: 62026Q1
View quarterly signal counts
Airports & air links in India coverage
QuarterMentionsPer 10,000 articles
2024Q31823.56
2024Q41943.83
2025Q12705.75
2025Q22265.99
2025Q32946.1
2025Q43529.46
2026Q13046.44

Where this signal concentrates in the comparison geography

Maharashtra15.4 / 10,000
Uttar Pradesh14.4 / 10,000
Delhi14.2 / 10,000
CONNECTIVITY BUILD-OUTRail & metro connectivity—supply not mapped
THE OPERATING HYPOTHESIS

Where rail and metro build out, station-area demand can follow the footfall.

19.85mentions per 10,000 articles+86.9%share change vs prior year

Mapped travel and hospitality categories

This signal has no matching category in the page’s travel and hospitality market map, so no supply percentile or gap is assigned.

Quarterly share of India coverage

Mentions per 10,000 articles · zero baseline

071320262024Q3: 102024Q32024Q4: 112024Q42025Q1: 112025Q12025Q2: 142025Q22025Q3: 162025Q32025Q4: 162025Q42026Q1: 222026Q1
View quarterly signal counts
Rail & metro connectivity in India coverage
QuarterMentionsPer 10,000 articles
2024Q352110.2
2024Q456311.12
2025Q153611.42
2025Q256414.96
2025Q379616.51
2025Q462616.83
2026Q1107222.72

Where this signal concentrates in the comparison geography

Gujarat37.1 / 10,000
Jammu And Kashmir35.2 / 10,000
Maharashtra35.1 / 10,000
CHANNEL SHIFTE-commerce & quick delivery—supply not mapped
THE OPERATING HYPOTHESIS

Online and quick-commerce adoption can migrate spend across channels faster than networks adapt.

3.28mentions per 10,000 articles-5.9%share change vs prior year

Mapped travel and hospitality categories

This signal has no matching category in the page’s travel and hospitality market map, so no supply percentile or gap is assigned.

Quarterly share of India coverage

Mentions per 10,000 articles · zero baseline

012452024Q3: 22024Q32024Q4: 42024Q42025Q1: 42025Q12025Q2: 32025Q22025Q3: 32025Q32025Q4: 22025Q42026Q1: 22026Q1
View quarterly signal counts
E-commerce & quick delivery in India coverage
QuarterMentionsPer 10,000 articles
2024Q31442.82
2024Q42114.17
2025Q11924.09
2025Q21253.31
2025Q31653.42
2025Q41042.8
2026Q11142.42

Where this signal concentrates in the comparison geography

Karnataka7.9 / 10,000
Uttarakhand5.4 / 10,000
Delhi5.2 / 10,000
RESEARCH & CHANGING CONVERSATIONS

Related research and changing coverage

India travel and hospitality coverage

Expand panel +
RESEARCH CONTEXT · 2017

The relationship between tourism, financial development and economic growth in India

Future Business Journal

248 citations in the snapshot

RESEARCH CONTEXT · 2017

Impact of Capital Structure on Firm Value: Evidence from Indian Hospitality Industry

Theoretical Economics Letters

163 citations in the snapshot

RESEARCH CONTEXT · 2022

Internet of Things as a Sustainable Energy Management Solution at Tourism Destinations in India

Energies

86 citations in the snapshot

RESEARCH CONTEXT · 2022

Geospatial Analysis of Geo-Ecotourism Site Suitability Using AHP and GIS for Sustainable and Resilient Tourism Planning in West Bengal, India

Sustainability

75 citations in the snapshot

What is growing in this coverage

India coverage of this page's demand families

KeywordRecent articlesPrior articlesShare change
ecological literacy7427206.9%
member-supported agriculture7128184.0%
environmental training7129174.2%
ecosystem services6529151.0%
sustainability curriculum9146121.5%
transplant tourism8345106.5%

Share changes describe coverage in the stated comparison periods, not search demand or market size.

GEOGRAPHIC FOOTPRINT

Where companies are based

Company counts, hiring and disclosed funding across the recorded hubs.

Expand panel +
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Swipe or scroll horizontally to browse.

UNDERSTAND THE LANDSCAPE

Travel and Hospitality in India: key questions

Clear definitions for making better comparisons.

What does this landscape measure?

It measures the tracked company ecosystem, recorded funding, hiring and other available evidence. It is not a market-size estimate.

Can segment counts be added together?

No. A company can belong to several segments, so segment counts and funding can overlap.

What does a missing figure mean?

A dash or unavailable panel means the current reviewed source snapshot does not support that figure.

KEEP EXPLORING

Put India in context

All landscapes ↗

Company ecosystem snapshot: 6 August 2026. Funding is recorded in USD; filed accounts retain their stated currency and reporting basis. Each section identifies its own coverage. The news and research behind these sections is explorable in Prism.

Canonical landscape ↗
Coming soon