Tourism Breaking News
Booking.com has released its first ‘How India Travels’ report which provides insights into the evolving nature of Indian travellers. The report reveals an intriguing trait of Indian travellers – with an average window of just 29 days, they showcase remarkable spontaneity in their trip planning followed by Japan (57 days) and USA (63 days). It adds that food is now a priority and there is a surge in demand for alternative accommodation options.
The 2020s: A Decade Owned by Indian Travellers, Ready to Explore Again
Pre COVID-19, Indian travellers spent a total of USD 150 billion on travel marking India as the sixth largest global spender. With a strong economy, a growing middle class and travel-loving youth driving more tourism revenue in India than ever before, it is anticipated that by 2030, total expenditure made by Indian travellers will soar to an impressive USD 410 billion making India the fourth largest global spender and registering the quickest COVID recovery globally across key regions. Due to prolonged travel restrictions, especially in China, Japan and South-East Asia, tourism in Asia remained muted through 2022. India led the way on tourism expenditure recovery in 2022 by reaching 78% of 2019 levels, vis-à-vis 52% for Asia. The number of aggregate trips is expected to increase from 2.3 billion in 2019 to a staggering 5 billion in 2030.
