Tag Archives: India

With the hospitality sector in India experiencing a significant surge, Sebastien Bazin, CEO, Accor, said, “The country holds a strong place in Accor’s global vision, embodying not just a market, but a place of opportunity and growth. It’s impossible to ignore the immense potential that the country presents in the sector.”

Goa Tourism proudly commenced its journey in the esteemed Arabian Travel Market (ATM) Dubai 2024, one of the world’s premier travel and tourism events. With the kickstarting of ATM Dubai, Goa Tourism’s pavilion has become a hub of activity, attracting buyers from around the globe. This presents a remarkable opportunity for all our co-exhibitors to showcase their offerings and forge valuable partnerships. Suneel Anchipaka, IAS, Director Tourism, Govt. of Goa and Managing Director of Goa Tourism Development Corporation, expressed his delight at the successful launch of the event’s first day, stating, “The ongoing ATM Dubai event has ignited an exciting journey for Goa Tourism. It’s invigorating to see such enthusiastic engagement from visitors and buyers, setting a promising tone for the remaining days. With anticipation high, we look forward to even greater levels of interaction and collaboration over the next few days of the event.” As anticipation builds for increased engagement over the coming days at ATM Dubai, Goa Tourism is eager to spotlight its distinctive approach to Regenerative Tourism through pavilion number AS7259 at Hall 7. With a focus on sustainability and immersion, visitors can expect a glimpse into the state’s rich tapestry of travel experiences. From the tranquil depths of spiritual tourism to the vibrant ensemble of Goa beyond its famed beaches, including its lush hinterland, the showcase promises to unveil the multifaceted essence of this coastal gem. Through innovative initiatives and strategic partnerships, the team is committed to demonstrating how Goa’s brand of Regenerative Tourism has the power to redefine the travel landscape, offering both visitors and locals alike a deeper, more meaningful connection to this beloved destination. As ATM Dubai 2024 unfolds, Goa Tourism eagerly anticipates …

Manish Sharma, Chairman, Gujarat Tourism Corporation Society, said, “Indian electoral process has been increasingly in demand during assembly elections. UP, Gujarat, Maharashtra, Goa and Karnataka have been highlighted as “tourism-friendly states”, and visitors can be “easily facilitated to experience the process” here. If government takes the initiative of promoting election tourism, 5-7 lakh tourists can be brought to India for elections alone.”

Indian Ministry of Tourism showcases its strength at ATM 2024 with a strong delegation led by Gyan Bhushan, Senior Economic Advisor, MOT and Arun Srivastava, Joint Director, General, MOT. It also launched a campaign to promote India as a holistic destination. More than 55 participants from India including State Tourism, IRCTC, tour operators, hotels, airlines etc are participating in the show.

Highlighting India’s growing importance in the global travel market, Bernstein in its report said, “India is on its way to emerge to 5th place in outbound travel spending by 2027, reaching $89 billion compared to its current 10th position at $38 billion in 2019. The country is also expected to become the 3rd largest domestic travel market by 2027, with expenditures reaching $174 billion, up from $127 billion in 2029 when it held the 5th position.”

Talking about the growth of hospitality in India, Mark Hoplamazian, CEO, Hyatt, said, “India today is better poised for growth in the hospitality sector than the rest of the world, and that is because of the tremendous warmth and engagement of its people. The experience people get in India when they disembark from the plane and start exploring the country is what sets the country apart.”

Sunny Sodhi, FCM Managing Director, India, said, “India is the 9th largest travel market in the world for business travel spending. It is the 4th largest market for the Asia Pacific region. In 2023, India’s business travel spending grew 24.7 per cent and we anticipate an 18.3 per cent increase in spending in 2024.”

Amitabh Kant, G20 Sherpa, India in his inaugural speech at FHRAI Summit in Delhi, said, “In due course, India will become the third country in the world to have the third-largest greenhouse gas emissions. Therefore, India must become the first country in the world to grow its GDP through decarbonization.”

Rajesh Magow, MMT, Chief Executive Officer said, “Inbound is the only significant laggard.” The main reason was that every big domestic market or region in India was doing well along with other issues like visa issuance, low supply of air seat inventory and high airfares, but it is also making its way slowly now, he added.

Sharing her views on how business travel in India is slated for growth, Catherine Logan, Regional Vice President of EMEA & APAC, Global Business Travel Association (GBTA), said, “India will fully reach pre-2019 spending levels by 2025 and is likely to reach 120 per cent of its pre-COVID business travel spend by 2027.”