Tourism Breaking News
As per Future Market Insights, the market for international outbound meetings and incentives from India to Europe is predicted to surpass US$7.17 billion by 2032, leading to a compound annual growth rate of 5 per cent between 2022 and 2032. FMI has recently forecasted that India’s outbound tourism market will reach US$18817.72 million in 2024.
Breaking News
- We face challenges when approaching the govt regarding policy issues, regulatory bottlenecks due to lack of data: FHRAI
- Delhi had most weddings with 30,000 in November 2023 energising entire paraphernalia around the industry: Mugdha Sinha
- Sustained demand growth has led to consistent improvements in occupancy rates across key markets in September 2024: HVS Anarock
- VFS Global wins global tender to provide Finland visa services in 32 countries, including India
- We must triangulate data from industry bodies, international organisations to truly understand dynamics of tourism and hospitality: Suman Billa
- 73% of Indians are using travel credit card rewards, airline miles or loyalty points to manage costs, maximise value during holidays: Amex
- IHCL to skill 1,00,000 workers by 2030 to address talent shortage in the hospitality industry
- Europe a tough market for transporters, hope to support the industry, says winner of ‘Best Transporter – Europe’ Akash Chhabra of Sasta Europe
- ‘Best Customised Tour Operator’ award winner at ITA, Get Set Go Travel sets new benchmark for competitors
- IndiGo to launch flights to Penang & Langkawi in Malaysia, expanding footprint in 40 destinations: Pieter Elbers
- Tourism contributes 5.6% to India’s GDP, need to double it in next 10 years by investing aggressively: Suman Billa
