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.”

Puneet Chhatwal, Managing Director and CEO, IHCL, said, “Re-imagined Gateway, is a full-service hotel offering in the upscale segment, an ideal fit to capture growth opportunities in emerging micro markets in metros and Tier II and Tier III cities. The brand roll-out starting with 15 hotels will commence with launches in Bekal and Nashik.”

Gathering insights from more than 31,000 travellers across 34 countries and territories, Booking.com in its releases its 9th Sustainable Travel Report 2024, stated that 95 per cent of Indian travellers confirm that sustainable travel is important to them, with 93 per cent saying that they want to travel more sustainability over the next 12 months.

Domestic aviation in India is witnessing an unprecedented growth of 4,71,751 passengers and 6,128 flights  on 21 April, 2024 as compared to 21 April last year, which was 4,28,389 and 5,899, respectively. As more people gain access to air travel, the sector is expected to continue its upward trajectory, revealed DGCA.

Based on the travel reaches of its over 10 crore active users, MakeMyTrip in its ‘India Travel Trends Report’ revealed 25% increase in the number of people taking more than three trips a year. International bookings are once again being made well in advance instead of sudden travels during the tumultuous 2020 and 2021, the report added.

Teleport – India’s Most Trusted Visa Platform, invites Indian travel agents to attend a B2B webinar today at 3 PM IST. Participants will learn tips for easy visa appointments; tricks to avoid visa rejections, and all of it at the lowest rates. To register contact jaspreet.kaur@ddppl.com, or call 9650196532.

The Sankalp Patra of the ruling BJP for 2024 promises to roll out various programs in the tourism sector to help generate employment. One among them is to showcase the richness of Indian weddings and highlight cultural exchanges through the ‘Wed in India’ campaign which will promote select destinations across India as preferred venues.

According to RBI, “40 scheduled banks have cumulatively doubled their lending to the aviation sector in January at ₹45,076 crore, as against ₹23,407 crore three years ago. Investments from other sources stood at ₹27,824 crore in January 2023, up 62% year-on-year, and continued to rise gradually during FY24. Industry analysts attribute this surge in investments to the following factors, among others.”

Tour Fox invites the Indian outbound travel trade to attend an interesting webinar about their exclusive offers for this year today at 3 pm. Those who attend this webinar stand a chance to win a ticket to Switzerland! For more information and to register, write to jaspreet.kaur@ddppl.com or call 9650196532. https://event.webinarjam.com/register/586/oywq3bw2g

Rajnish Kaistha, Sr. Vice President, IATO said, “With the blessings of the government and the CM, the 39th IATO Annual Convention is scheduled to be held in Madhya Pradesh’s Bhopal from 30 August to 2 September 2024. The idea is to bring better connectivity to Bhopal and put it onto the global tourist map.”