Tourism Breaking News
The India Brand Equity Foundation (IBEF), in its latest report titled ‘Tourism and Hospitality’ has ranked India as eighth in the world in 2017 in terms of absolute direct contribution of travel and tourism to its GDP. The tourism and hospitality sector’s direct contribution to GDP in 2017, was Rs 5.94 trillion (US$91.27billion). This is expected to reach Rs 12.68 trillion (US$194.69billion) in 2028, implying a CAGR of 7.23 percent during 2012-28. According to 2018 report of the World Travel and Tourism Council (WTTC), India was ranked third in the tourism sector. India generated revenue of about US$247 billion in 2018
Breaking News
- World’s steepest cableway opens Switzerland with a new direct connection between Stechelberg and Mürren
- AP Tourism Minister unveils state’s Tourism Policy 2024-2029, aims to attract ₹25,000 crore investment
- Tourism is not just about economic value, but also about fostering deeper global ties: Puneet Chhatwal
- Infrastructure is the scaffold holding tourism sector together, says Mugdha Sinha, Director General, MOT
- Year End Hospitality Quote from Dr. K Prakash Shetty , Founder & Chairman , MRG Hospitality & Infrastructure Pvt. Ltd
- Tourism Minister Shekhawat urges industry to create document on reinstating SEIS scheme in a new format
- ITQ to implement tech solutions for travel agents to help them handle their customers better and scale up their business: Anoop Tewari
- More Indians want to fly business class this holiday season
- India leads global tourism surge with record spending and luxury travel trends
- Unless we address the supply side immediately, we risk missing the tourism opportunity altogether: Suman Billa
- We must shift focus to international market, specially high-value tourism, for greater unit value realisation: Amitabh Kant
