Breaking News
- After Colombo, ITC Hotels plans to open more properties overseas and 70 hotels in India: Sanjiv Puri
- Passenger traffic growth to continue its momentum in FY2025, rise more than 10% to over 415 million
- India to take 5th place in outbound travel spend and become 3rd largest domestic market by 2027: Bernstein report
- IHCL to relaunch Gateway brand with 15 hotels in tier II & III cities, starting with Bekal and Nashik: Puneet Chhatwal
- India, targeting a 30% market share by FY2032, needs approx additional 60 widebody aircraft: CAPA
- Join a webinar about Eurail passes and learn to book passholder fares with Rail Europe on 30 April at 3pm
- HRAWI proposes to set up bureau to promote Maha as an enticing destination for M!CE events
- UPTCL Indo Jaya Cup, held in Lucknow, will offer opportunities to expand tourism business in UP
- India’s outbound potential and opportunity in transfer traffic via Indian hubs, makes it an exciting long-haul market: CAPA India
- Vistara allows agents to use specific TMC credit cards, more banks to be added to list on TAAI’s request: Jay Bhatia, VP, TAAI
- No active pipeline of hotel development in Delhi to meet increasing demand of incoming air passengers
Air is largest travel category in India, dominates country’s tourism market at ₹1,743 bn in FY23
September 18, 2023
Domestic air travel VIDEC 2023-09-18
error: Content is protected !!
Tourism Breaking News
According to VIDEC’s latest study, air is the largest travel category, accounting for slightly less than half of the total India travel market or ₹1,743 billion ($22B) in FY23. The domestic air GBV is ₹781 billion ($9.8B) in FY23, 30% above its pre-pandemic levels. 
