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Funding & Investment in Travel

Ixigo-Backed Bus Startup Raises $10.5 Million

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Electric digital intercity bus startup Fresh Bus has raised INR 875 million ($10.5 million) in its Series A funding round. FreshBus, which offers ticketing, real-time tracking of buses, loyalty program, among other services, was founded by Sudhakar Reddy Chirra. Chirra had built bus aggregator Abhibus which was acquired by Ixigo in August 2021 in a cash and stock deal.

Fresh Bus secured an investment of INR 160 million ($1.9 million) from Indian OTA Ixigo in its first seed funding round last year.

The company has a fleet of 20 electric buses and operates on two routes: Bangalore-Tirupati and Hyderabad-Vijayawada. Fresh Bus aims to use the funding to expand its route network by adding 15 new routes and expanding its fleet by launching 150 e-buses soon.

“We expect to scale to 1,000 electric buses pan-India over the next four years, generate skilled employment opportunities, and offer a green alternative for mass road transportation,” said Sudhakar Chirra, founder and CEO.

Why it Matters: The bus industry in India is expected to be valued at INR 1,040 billion ($12.4 billion) by 2026 at an annual growth rate of 6.64%, according to a report by Internet and Mobile Association of India (IAMAI) and Grant Thornton Bharat released this year. 

A report from travel consultancy firm Videc revealed that ground transport is the driving force behind India’s online travel market, with the rail and intercity bus categories accounting for 30% of the total market. 

The intercity bus market is set to increase 21%, to $1.9 billion from 2023 to 2026.

With a majority of Indians staying in secondary and tertiary regions and the middle class playing a more prominent role in the travel ecosystem, bus services are important in facilitating their movement to domestic and international destinations. 

In its first bus industry report, online bus ticketing platform RedBus said that two-thirds of the online bus ticket bookings in India came from the non-metro regions. It added that as many as 8,530 towns in India are connected by buses with 364,000 unique bus routes. 

Multiple Indian OTAs have partnered with online bus ticketing platforms – MakeMyTrip has partnered with RedBus, EasemyTrip with YOLOBus, and Ixigo with Abhibus.

With enhanced road infrastructure through creation of expressways, bus journeys are expected to become more convenient. 

The funding for the Fresh Bus points towards the positive investor sentiment on the industry, which is becoming more regularized with numerous players entering the space. 

Despite being the biggest means of inland transportation, the bus industry is not yet streamlined as compared to other means of transport. There is an increased effort to digitize and modernize this segment as well, with platforms like Fresh Bus, RedBus, and IntrCity SmartBus. 

MakeMyTrip Partners With Ministry of Tourism to Welcome Indian Diaspora

Online travel agency MakeMyTrip has partnered with the ministry of tourism to launch a special campaign for Independence Day to invite Indian diaspora abroad to rediscover India. The campaign, called ‘India: The homecoming,’ aims to highlight the transformation India has gone through over the years. 

The central message of the campaign calls for the diaspora to return to India to witness the changes that the country has undergone. For this, an online film has been created. The aim is to make Indian diaspora ambassadors for the Incredible India marketing campaign. 

This campaign is an extension of MakeMyTrip’s partnership with the tourism ministry last year. In 2023, for Independence Day, the OTA had created The Traveler’s Map of India to highlight more than 600 lesser explored destinations across the nation. 

Oyo Reports its First-Ever Net Profit 

Hotel aggregator Oyo has reported its first-ever net profit of about INR 2.29 billion ($27 million) during the 2024 fiscal year. The net profit financial year comes after the company reported eight consecutive quarters with positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). 

In its annual report, the company noted that among other geographies, it has seen growth across Europe, the U.S., Southeast Asia, and the Middle East. Following this, the company is planning to issue a Series G funding. It aims to acquire K&J Consulting, which operates premium rental homes company Checkmyguest group from Paris, France.

Oyo has recently seen its valuation drop from $10 billion in 2019 to $2.4 billion in its latest funding round. It raised INR 14.5 billion (approximately $175 million) in a down round, to support its growth and global expansion plans. The company’s valuation has now fallen below the total capital raised, estimated to be around $3.3 billion.

EaseMyTrip Endeavors to Be Among Top 3 OTAs Globally

Indian online travel agency EaseMyTrip has set an ambitious target for itself: becoming one of the top three OTAs across the globe in a few years. During the company’s earnings call, founder and managing director Prashant Pitti said that the company has a cost advantage against its competitors in the Middle East and Europe that is likely to help its growth internationally. 

Pitti also shared that it has entered into a strategic partnership with Google Wallet. As part of this, it aims to integrate all booking “necessities” into one single platform. Through this partnership, after booking tickets on EaseMyTrip.com and completing the web check-in process, users can add their boarding passes to Google Wallet.

The platform saw a 116% increase in its revenue from the hotels and holiday packages segment as compared to the same quarter last year, which is a part of its diversification strategy to decrease the company’s reliance on air segments alone.

IndiGo Enhances Connectivity to Singapore, Kuwait, Colombo

Budget airline IndiGo has announced a new route between Coimbatore and Singapore. Starting October 27, the airline will operate on the sector daily. 

IndiGo will also operate additional flights between Chennai and Singapore, Chennai and Colombo, and Mumbai and Kuwait from October. 

The airline has been expanding its operations as part of its goal to double the airline’s capacity over the next seven years, as CEO Pieter Elbers told Skift earlier this year. It is also foraying into premium air travel with plans to launch business class later this year

Sarovar Hotels Opens Golden Tulip in Agra

Sarovar Hotels has opened a Golden Tulip-branded hotel in Agra. The 54-key property marks the hotel chain’s 15th Golden Tulip hotel in the country. 

Sarovar now has 14 hotels in the state of Uttar Pradesh, including Royale Sarovar Portico in Agra, which debuted last year. 

Sarovar is one of the fastest-growing hotel chains in India. Earlier this year, Sarovar Hotels managing director Ajay Bakaya told Skift that the company had opened seven hotels by then in 2024 and was looking at opening another eight to 12.

In India, Sarovar expects to have 125 operational hotels in 2024, and plans to expand this number to 150 by 2025-end. 

(Skift India Report will not be published on Tuesday, August 20, as Monday is the Rakhi holiday.)



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Visa-free visits and outbound travel boost mutual understanding

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Cai Meng / China Daily

Still hesitating about traveling to, studying in or doing business with China? The following numbers might help change your mind.

In the first half of 2025, foreign nationals made a total of 38.05 million trips to or from China, an increase of 30.2 percent year-on-year, the National Immigration Administration said on Wednesday. Of these trips, 13.64 million were visa-free entries — which is more than the population of a megacity — up 53.9 percent from the same period last year.

These trips accounted for 71.2 percent of all inbound trips made by foreigners in the first half of the year.

Thanks to a growing list of unilateral visa-free agreements with countries across Europe, Southeast Asia and beyond, it is easier than ever to enter China without excessive paperwork. China’s 240-hour visa-free transit policy allows travelers from 55 countries to transit through China without a visa for up to 240 hours.

On the other hand, the number of Chinese citizens traveling abroad has also risen rapidly. This increased two-way movement of people is helping other countries better understand China.

The impact is already visible in international perceptions. A new Pew Research Center survey, released on Tuesday and based on responses from more than 30,000 people across 25 countries, reveals several key shifts in global attitudes toward China. Conducted between Jan 8 and April 26, the study found that compared to last year views about China have turned favorable in 15 of the 25 countries surveyed.

One of the most notable trends is generational. In most countries, younger people are more positive about China than older respondents. This younger demographic is also more likely to form opinions based on direct experiences, social media content and peer networking, rather than through legacy media narratives or assumptions.

In addition, more people now see China as the world’s leading economic power, a marked change from Pew’s 2023 survey and a reflection of China’s growing global influence through innovation, trade and high-quality development.

These changing views reflect a reality many are discovering firsthand. The China of today is dynamic, forward-looking and deeply engaged with the world. From high-speed rail networks and AI-driven cities to vibrant cultural festivals and thriving innovation hubs, China offers not only modern infrastructure but a new model of development, one that emphasizes quality, sustainability and openness.

And this openness is intentional. China is advancing high-level opening-up not just through policy, but through action. It is about more than trade and investment, it is about encouraging people-to-people exchanges, educational partnerships, tourism and shared innovation. Whether it is easier visa access, multilingual services at airports and train stations, or international cooperation zones, the door to China is wide open and increasingly welcoming.

What is also helping is China’s role as a source of stability and certainty in a turbulent global landscape. At a time when many regions are facing economic headwinds and geopolitical tensions, China’s long-term development strategies, policy consistency and emphasis on peaceful cooperation stand out. Its approach to modernization, rooted in national conditions, yet globally connected, is being recognized as both effective and inspiring.

The result? A growing number of international visitors are not just impressed, they are surprised. Many describe the China they encounter as “unexpected”, “fascinating” or even “cool”. This is a country breaking through cliches and showing the world what modernization with Chinese characteristics really looks like and how it can offer new ideas for global development.

So, if you are still wondering whether it is time to explore China, the signs are clear. People are coming. Views are shifting. Connections are deepening.



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Funding & Investment in Travel

China’s Duku Highway sees tourism boom in summer

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An aerial drone photo taken on July 15, 2025 shows a section of the Duku Highway in northwest China’s Xinjiang Uygur Autonomous Region. Northwest China’s Duku Highway, considered one of the most scenic roads in the country, sees a tourism boom in the summer.

The 561-kilometer highway connects Dushanzi in the north of Xinjiang with Kuqa City in the south, running through varied landscapes that include canyons, glaciers, lakes and grasslands. (Xinhua/Zhang Keren)

An aerial drone photo taken on July 17, 2025 shows the scenery along the Duku Highway in northwest China’s Xinjiang Uygur Autonomous Region. Northwest China’s Duku Highway, considered one of the most scenic roads in the country, sees a tourism boom in the summer.

The 561-kilometer highway connects Dushanzi in the north of Xinjiang with Kuqa City in the south, running through varied landscapes that include canyons, glaciers, lakes and grasslands. (Xinhua/Hu Huhu)

An aerial drone photo shows a vehicle in a canyon near the Duku Highway in northwest China’s Xinjiang Uygur Autonomous Region, July 17, 2025. Northwest China’s Duku Highway, considered one of the most scenic roads in the country, sees a tourism boom in the summer.

The 561-kilometer highway connects Dushanzi in the north of Xinjiang with Kuqa City in the south, running through varied landscapes that include canyons, glaciers, lakes and grasslands. (Xinhua/Hu Huhu)

An aerial drone photo taken on July 15, 2025 shows the scenery along the Duku Highway in northwest China’s Xinjiang Uygur Autonomous Region. Northwest China’s Duku Highway, considered one of the most scenic roads in the country, sees a tourism boom in the summer.

The 561-kilometer highway connects Dushanzi in the north of Xinjiang with Kuqa City in the south, running through varied landscapes that include canyons, glaciers, lakes and grasslands. (Xinhua/Zhang Keren)

An aerial drone photo shows tourists visiting a canyon near the Duku Highway in northwest China’s Xinjiang Uygur Autonomous Region, July 17, 2025. Northwest China’s Duku Highway, considered one of the most scenic roads in the country, sees a tourism boom in the summer.

The 561-kilometer highway connects Dushanzi in the north of Xinjiang with Kuqa City in the south, running through varied landscapes that include canyons, glaciers, lakes and grasslands. (Xinhua/Zhang Keren)

An aerial drone photo taken on July 16, 2025 shows a section of the Duku Highway in northwest China’s Xinjiang Uygur Autonomous Region. Northwest China’s Duku Highway, considered one of the most scenic roads in the country, sees a tourism boom in the summer.

The 561-kilometer highway connects Dushanzi in the north of Xinjiang with Kuqa City in the south, running through varied landscapes that include canyons, glaciers, lakes and grasslands. (Xinhua/Zhang Keren)

An aerial drone photo taken on July 15, 2025 shows a section of the Duku Highway in northwest China’s Xinjiang Uygur Autonomous Region. Northwest China’s Duku Highway, considered one of the most scenic roads in the country, sees a tourism boom in the summer.

The 561-kilometer highway connects Dushanzi in the north of Xinjiang with Kuqa City in the south, running through varied landscapes that include canyons, glaciers, lakes and grasslands. (Xinhua/Hu Huhu)

An aerial drone photo taken on July 15, 2025 shows a section of the Duku Highway in northwest China’s Xinjiang Uygur Autonomous Region. Northwest China’s Duku Highway, considered one of the most scenic roads in the country, sees a tourism boom in the summer.

The 561-kilometer highway connects Dushanzi in the north of Xinjiang with Kuqa City in the south, running through varied landscapes that include canyons, glaciers, lakes and grasslands. (Xinhua/Zhang Keren)

Tourists riding camels visit a canyon near the Duku Highway in northwest China’s Xinjiang Uygur Autonomous Region, July 17, 2025. Northwest China’s Duku Highway, considered one of the most scenic roads in the country, sees a tourism boom in the summer.

The 561-kilometer highway connects Dushanzi in the north of Xinjiang with Kuqa City in the south, running through varied landscapes that include canyons, glaciers, lakes and grasslands. (Xinhua/Meng Tao)

This photo taken on July 15, 2025 shows a section of the Duku Highway in northwest China’s Xinjiang Uygur Autonomous Region. Northwest China’s Duku Highway, considered one of the most scenic roads in the country, sees a tourism boom in the summer.

The 561-kilometer highway connects Dushanzi in the north of Xinjiang with Kuqa City in the south, running through varied landscapes that include canyons, glaciers, lakes and grasslands. (Xinhua/Li Xiao)

An aerial drone photo taken on July 15, 2025 shows a section of the Duku Highway in northwest China’s Xinjiang Uygur Autonomous Region. Northwest China’s Duku Highway, considered one of the most scenic roads in the country, sees a tourism boom in the summer.

The 561-kilometer highway connects Dushanzi in the north of Xinjiang with Kuqa City in the south, running through varied landscapes that include canyons, glaciers, lakes and grasslands. (Xinhua/Meng Tao)

An aerial drone photo taken on July 16, 2025 shows a grassland by the Duku Highway in northwest China’s Xinjiang Uygur Autonomous Region. Northwest China’s Duku Highway, considered one of the most scenic roads in the country, sees a tourism boom in the summer.

The 561-kilometer highway connects Dushanzi in the north of Xinjiang with Kuqa City in the south, running through varied landscapes that include canyons, glaciers, lakes and grasslands. (Xinhua/Hu Huhu)

A man poses for a photo at a service area of the Duku Highway in northwest China’s Xinjiang Uygur Autonomous Region, July 15, 2025. Northwest China’s Duku Highway, considered one of the most scenic roads in the country, sees a tourism boom in the summer.

The 561-kilometer highway connects Dushanzi in the north of Xinjiang with Kuqa City in the south, running through varied landscapes that include canyons, glaciers, lakes and grasslands. (Xinhua/Li Xiao)

An aerial drone photo shows vehicles on the Duku Highway in northwest China’s Xinjiang Uygur Autonomous Region, July 15, 2025. Northwest China’s Duku Highway, considered one of the most scenic roads in the country, sees a tourism boom in the summer.

The 561-kilometer highway connects Dushanzi in the north of Xinjiang with Kuqa City in the south, running through varied landscapes that include canyons, glaciers, lakes and grasslands. (Xinhua/Hu Huhu)

An aerial drone photo taken on July 15, 2025 shows a section of the Duku Highway in northwest China’s Xinjiang Uygur Autonomous Region. Northwest China’s Duku Highway, considered one of the most scenic roads in the country, sees a tourism boom in the summer.

The 561-kilometer highway connects Dushanzi in the north of Xinjiang with Kuqa City in the south, running through varied landscapes that include canyons, glaciers, lakes and grasslands. (Xinhua/Zhang Keren)

An aerial drone photo taken on July 15, 2025 shows a section of the Duku Highway in northwest China’s Xinjiang Uygur Autonomous Region. Northwest China’s Duku Highway, considered one of the most scenic roads in the country, sees a tourism boom in the summer.

The 561-kilometer highway connects Dushanzi in the north of Xinjiang with Kuqa City in the south, running through varied landscapes that include canyons, glaciers, lakes and grasslands. (Xinhua/Hu Huhu)

An aerial drone photo taken on July 16, 2025 shows a grassland by the Duku Highway in northwest China’s Xinjiang Uygur Autonomous Region. Northwest China’s Duku Highway, considered one of the most scenic roads in the country, sees a tourism boom in the summer.

The 561-kilometer highway connects Dushanzi in the north of Xinjiang with Kuqa City in the south, running through varied landscapes that include canyons, glaciers, lakes and grasslands. (Xinhua/Hu Huhu)

This aerial drone photo shows tourists visiting a canyon near the Duku Highway in northwest China’s Xinjiang Uygur Autonomous Region, July 17, 2025. Northwest China’s Duku Highway, considered one of the most scenic roads in the country, sees a tourism boom in the summer.

The 561-kilometer highway connects Dushanzi in the north of Xinjiang with Kuqa City in the south, running through varied landscapes that include canyons, glaciers, lakes and grasslands. (Xinhua/Hu Huhu)

(Web editor: Zhang Kaiwei, Liang Jun)



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Curacao Sees Surge in Tourism and Business Growth in 2025

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WILLEMSTAD, CURACAO — Curacao is becoming an important spot for travelers and investors as it experiences a notable boost in tourism and business initiatives. Recent data shows that the island welcomed 57,412 stayover visitors in June 2025, a 15 percent rise from the previous year, according to the Curaçao Tourist Board.

This increase highlights Curacao’s growing appeal as a top travel destination, well-known for its vibrant culture and diverse activities. Many tourists are taking advantage of attractive flight deals, with tickets starting around $442. Airlines like Copa Airlines provide reliable options, connecting Miami to the island and supporting travelers from across Latin America.

The hospitality scene in Curacao is thriving as well, offering luxury accommodations for those looking for a high-end experience. The Renaissance Curacao Resort and Casino in Willemstad showcases elegant facilities, various dining options, and amenities such as a private beach and an infinity pool.

Beyond tourism, Curacao is demonstrating its commitment to community welfare with initiatives like the Essential Assistance Program. This effort provides free household goods and grocery support for families in need, aiming for inclusive economic growth.

The island is also known for its culinary innovations, including Combier Curaçao Le Bleu, the world’s first Premium Blue Curacao. This product highlights Curacao’s dedication to quality and appeals to both residents and visitors.

Visitors can explore Curacao with numerous excursions, including tours at the Curaçao Liqueur Distillery and Klein Curacao day trips that feature premium BBQ lunch options. These activities enhance the unique cultural experience available to tourists.

As families plan vacations, Curacao is competing well with other Caribbean hot spots like St. Thomas and Aruba. With its cultural richness and leisure opportunities, it remains an attractive choice for diverse family experiences.

Analysts foresee continued visitor growth, supported by strategic initiatives and the island’s charm. As Curacao progresses, it strives to provide exceptional experiences for both tourists and locals, solidifying its role as a leading Caribbean destination.



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