As per OAG, the Asia-Pacific region is on track to solidify its position in the global aviation market. Its aviation market in 2025 has surpassed 2019’s total capacity by 0.5 per cent in 2024. As APAC’s domestic market outperforms 2019 up 4.7 per cent in 2019; India’s domestic capacity reached 13 per cent ahead of pre-pandemic levels.
Read More »Religious tourism in Asia Pacific region to surge up to US$23,371 million with CAGR of 11.45% by 2034: FMI
Future Market Insights (FMI) report revealed that the Asia Pacific religious tourism will progress with an estimated CAGR of 11.4 per cent between 2024 and 2034. Starting at US$7,940 million in 2024, it is on track to reach US$23,371 million by 2034. The industry size of religious tourism in the Asia Pacific was US$7,146.8 million in 2023.
Read More »PATA forecasts increase in IVAs, India accounts for 1.9% relative share in Pacific region by 2026
As per the PATA forecast, the inbound arrival will surge between 2024-2026 in the Asia Pacific region. The top 10 source markets will contribute 59% of all IVAs in 2024. India will account for 1.9% of the relative share of IVAs by 2026 in comparison to 1.7% in 2024 in the Pacific region.
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