Funding & Investment in Travel
The Bear House raises Rs 50 cr in Series A funding, ETRetail, Retail News, ETRetail

New Delhi: Men’s apparel and accessories brand The Bear House has raised Rs 50 crore in a Series A funding round led by JM Financial India Growth Fund III, the company said on Tuesday in a media release.
The brand will be using these funds to expand its offline presence, branding, and further deploy it towards working capital.
“This growth capital infusion and partnership with a fund like JM Financial India Growth Fund III will help us accelerate our expansion plans and strengthen our brand’s presence. We have always been committed to delivering premium quality and contemporary designs to our customers. As we scale our offline footprint and invest in brand-building, we remain focused on staying true to our design philosophy and deepening our connection with customers. We aim to make The Bear House a go-to brand for men’s fashion across India,” said Harsh Somaiya, co-founder, The Bear House.
The brand recently opened its first physical store in Bengaluru, and over the next 2 years, it plans to open 20 stores across India.
Funding & Investment in Travel
Dozens drown as tourist boat capsizes in Vietnam

NewsFeedA tourist boat capsized with 48 people on board, including at least 20 children, during a sudden storm in Ha Long Bay, Vietnam. At least 35 passengers have died.
Published On 20 Jul 202520 Jul 2025
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Funding & Investment in Travel
Breckenridge Tourism Office ups efforts to attract tourists as visitation lags behind mountain town competitors

Heading into summer 2025, Breckenridge officials and the local tourism office set a goal to keep people in town after the mid-day Fourth of July parade and turn day visitors into overnight lodgers.
The call to action in part came from Breckenridge businesses. They said town seemingly cleared out the night of the Fourth of July the last few years. Despite beefing up evening entertainment by adding acts like a bicycle-focused circus, overnight lodging numbers were down compared to previous years, according to the Breckenridge Tourism Office.
With summer tourism numbers continuing on an unfavorable trend, the Breckenridge Tourism Office is changing course mid-season in hopes of boosting visitation. It is reallocating $300,000 of its budget to go toward marketing efforts, turning to the business community for suggestions and offering lodging promotion deals.
President Lucy Kay said numbers have been down throughout the summer, and the last several weeks have brought a drop of around 15% in lodging numbers year over year. In terms of Fourth of July numbers, director of operations Bill Wishowski said data indicates lodging numbers were down around 12% on July 4, and down 7% on July 5.
He said a reason as to why this Fourth of July had lower numbers could be because of the day of the week it landed on this year, a Friday. He said last year’s holiday fell on a Thursday, and more people seemed to book a long weekend vacation because of it.
“I’d say business is soft across the mountain communities and resort communities, and it’s still a bit of a hangover from that (COVID-19 pandemic) peak,” Kay said, noting the town saw unprecedented visitation during and after the pandemic.
She said while this may be the case, Breckenridge’s lodging numbers are down compared to its competitors. The town looks at its “competitive set,” which is a group of similar mountain towns like Park City and Steamboat so it can keep tabs on visitation numbers in these areas and gauge overall tourism trends in the mountains.
She said the last several years, starting around the pandemic, Breckenridge was very busy, and the town and tourism office decided to take a step back from introducing initiatives, like adding new entertainment or recreation events, that would draw more visitors.
After a drop in numbers the first half of summer, the tourism office said it wants to refresh those efforts. Breckenridge Tourism Office, historically, hasn’t focused on marketing the Front Range, and that’s changing. It is now doing weekly outreach to the Front Range through its public relations firm, Handlebar PR.
The office also made a Breckenridge Wildflower Watch page on its GoBreck.com website. It is meant to give updates on which wildflowers are in bloom and where to best see them. The page is being advertised to people living on the Front Range.
The Breckenridge Tourism Office also plans to introduce a lodging sweepstakes opportunity where people that book within 10 days of their trip will go into a sweepstakes and have the opportunity to win something like $1,000 in Visa gift cards.
Kay said the office sought business community feedback on how to increase summer visitation, and many local owners thought more live music events could help.
She said officials are hopeful things will pick up in August with the Breckenridge Fine Arts Festival because this year’s event has a new notable addition. Breckenridge will host the United States premiere of artist Daan Roosegaarde’s SPARK exhibit. These firefly-inspired light shows have been done in major cities across the globe like Melbourne and London. The show will cost the town around $300,000, and officials were intending for it to draw national press.
This story was made available via the Colorado News Collaborative. Learn more at:
Funding & Investment in Travel
Pattaya adapts to welcoming Indians and Westerners, while hoping for Chinese tourism’s return

PATTAYA, Thailand — As Thailand continues promoting its “Welcome All” tourism revival campaign, some foreign visitors in Pattaya are quietly wondering: What happens if the Chinese return — and what if they don’t?
Strolling along Jomtien Beach or lounging in bars on Soi Buakhao, it’s not uncommon to hear debates about whether Pattaya’s fortunes still hinge on mass Chinese tourism, or if the city has already moved on.
“They’ll be back,” said one longtime European retiree. “Just as soon as they realize there’s nothing to do in Vietnam or elsewhere.”
But not everyone agrees. “No one really cares about Chinese tourists,” one tourist bluntly claimed. “They’ve never been big spenders and will never be. Get more Westerners — they’re the real big spenders.”
It’s a sentiment echoed by others who say Western retirees are the real financial engine behind Pattaya’s nightlife and hospitality industries. “Retirees can spend 10,000 baht a night,” said a bar owner. “Chinese groups come, take pictures, and maybe spend much less than that as per person.”
However, some locals are less certain. “Indians have taken over,” one Pattaya shopkeeper shrugged. “Chinese aren’t too keen on coming here now.”
But another argued, “Maybe you haven’t seen the Chinese eat and spend — they do it easily here, especially in restaurants and shopping malls.”

Yet despite the critiques, businesses haven’t given up on the return of Chinese mass tourism. Many remember the packed tour buses and back-to-back bookings before the pandemic. “Obviously, you haven’t seen nothing yet,” said a Thai tour guide, optimistic about a comeback.
The Tourism Authority of Thailand (TAT) is working hard, busting their whole office to make the return happen sooner or later — arranging chartered flights, fast lanes at airports, elevated safety measures, and AI-aided security to welcome visitors back smoothly and confidently.
Others remain skeptical — comparing hopes for the Chinese revival to the long-dashed expectations of Japanese tourist rebounds after the 1991 economic crash. “They are the same people who awaited the revival in the number of Japanese tourists,” one expat remarked dryly.
For now, Pattaya waits — balancing its hopes on a mix of returning Chinese visitors, Indian family tours, and Western retirees. One thing is clear: no one group will carry the city forward alone.
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