India’s air traffic expected to record 11-12% CAGR, driven by faster growth in global segment, says Jefferies

India’s aviation traffic is expected to clock 11-12% CAGR over the medium term, driven by faster growth in the international segment, Jefferies said. In hotels, the industry revenue per available room is expected to clock 7-8% CAGR going ahead after double-digit growth seen in the past two to three years, it said while suggesting a structural demand upturn in the travel sector.