**🌍 Travel Industry Updates 🌍** **1️⃣ Surge in Travel Tech Mergers and Acquisitions 💰📈** 🚀 The travel technology sector is seeing a wave of M&A activity! 💼 Investment bank AGC Partners reports nearly *180* deals in travel tech last year, making up *one-third* of all tech deals. 🔍 Private equity-backed firms are actively acquiring smaller companies to strengthen their market positions. 🔗 [Read more](https://skift.com/2025/02/02/feeding-frenzy-the-year-of-ma-in-travel-tech/) **2️⃣ Indian Union Budget: Tourism Sector Insights 🇮🇳✈️** 💵 *Tourism budget up* by nearly *4%* to INR *25.4 billion* ($293 million). 🌍 However, *global marketing budget* remains unchanged at INR *30 million* ($361,000), raising concerns. 🛂 New measures: *streamlined e-visas* and *visa fee waivers* to boost international tourism. ⏳ Still missing? *‘Industry status’* for tourism. 🔗 [Read more](https://skift.com/2025/02/01/indian-union-budget-the-hits-and-misses-for-tourism/) **3️⃣ Oyo's Expansion into the UK Market 🇬🇧🏨** 📢 Oyo plans a *£50 million* investment over *three years* to acquire premium hotel brands in the UK. 🏆 Shift from budget stays to *higher-quality* accommodations. 🤝 Currently in advanced discussions with major hotel chains and real estate firms. 🔗 [Read more](https://skift.com/2025/02/03/oyo-pursues-uk-hotel-acquisitions-after-buying-motel-6-in-u-s/) ✨ *Stay tuned for more travel industry updates!* ✨