India’s outbound tourism market is on a robust growth trajectory, expected to reach USD 18.8 billion in 2024 and expand at a compound annual growth rate (CAGR) of 11.4% over the next decade. By 2034, it is forecasted to approach approximately USD 55.4 billion, according to the FICCI-Nangia knowledge paper, Navigating Horizons: The Rise and […]
Spl Report
India’s Travel Boom: Domestic dominates, International lags
By Netpal Travel Bureau India’s travel and tourism industry is experiencing a remarkable resurgence, with domestic travel leading the charge. A new report from the World Travel and Tourism Council (WTTC) reveals that the sector’s contribution to India’s GDP has surpassed pre-pandemic levels by nearly 10%, reaching a staggering INR 19.13 trillion ($230 billion) in […]
Travel Reimagined: A Look at Industry Innovation
From News Services The travel and tourism industry thrives on evolution, constantly adapting to meet the ever-changing desires of its customers. While the global pandemic undoubtedly hit pause on travel for a while, it also spurred a surge in innovation as businesses sought to reimagine the travel experience. Why Innovate in Travel? Tourism is a […]
“India Surges Ahead: Nepal’s Premier Inbound Tourism Market in February”
In a resounding testament to Nepal’s burgeoning tourism recovery, India has emerged as the leading inbound tourist market in February. Despite the challenges posed by the ongoing pandemic, the Himalayan nation is witnessing a gradual resurgence in its vital tourism sector. According to data released by the Nepal Tourism Board (NTB), of the total 97,426 […]
Sri Lanka Opens Doors Visa-Free Entry for India and more
By Spl Correspondent Sri Lanka is offering a warm welcome to travellers from India and six other countries with the implementation of a free visa on arrival. This exciting news, aimed at reviving the island nation’s tourism industry, comes into effect immediately. The key highlights are free tourist visas for visitors from India, China, Russia, Malaysia, Japan, Indonesia, and Thailand. They […]
India outbound MICE tourism market worth US$ 13.4 billion by 2031
By Netpal Travel Bureau DPI Research has published a new research report titled “India Outbound Meetings, Incentives, Conferences and Exhibitions (MICE) Tourism Market 2023: Outlook, Trends, Opportunities and Forecasts to 2031” in its research database. According to the latest research study 2023, India Outbound Meetings, Incentives, Conferences and Exhibitions (MICE) tourism market size is expected […]
New report to support climate action in the tourism sector
By News Services While noting that measurement of GHG emissions in tourism is still in its early stages, the report found a new generation of tools and resources is emerging. These focus on enabling easy access and making use of commonly available data sources, showing progress towards integrated measurement and targeted guidance for more efficient […]
29th Edition of SATTE 2022, underway
SATTE (South Asia’s Travel & Tourism Exchange) is a comprehensive platform for domestic and international professionals from the travel, tourism and hospitality verticals along with National and State Tourism Boards (NTOs and STOs). SATTE is recognized as Asia’s Leading travel and tourism exhibition to conduct business, share knowledge, exchange ideas in order to arrive at […]
Report: Impact of COVID-19 on global tourism growth
By Sikha Thakur Unlike other industries, it is difficult to define the tourism industry, as it doesn’t constitute one clear product. It incorporates many industries, including lodging, transport, attractions, cruises, travel companies, tourism boards and so on. Since early 2020, the tourism industry was severely impacted by the global coronavirus (COVID-19) pandemic. The global travel […]
‘Quarantine Tourism:’ Indians gather in Serbia
By Sikha Thakur Fed up with being caged up, thousands of Indian travellers are making their way to Serbia for a two-week ‘layover’ between their travels to other countries. Despite the rising number of Covid cases and the introduction of new strains in the world, a lot of people have given up trying to stay […]