Tag Archives: Domestic Tourism

India’s hospitality & tourism future bright, market set to grow from $32 bn in FY20 to $52 bn in FY27: FHRAI

K Syama Raju, President, Federation of Hotel & Restaurant Associations of India (FHRAI), said, “The future of India’s hospitality sector and tourism is bright, with substantial growth expected in 2025 and beyond. Domestic tourism is projected to grow by 15–20%, driven by govt initiatives. The travel market is on track to reach $125 billion by FY27, with the hotel market set to grow from $32 billion in FY20 to $52 billion.

Read More »

India records 18.89 million Foreign Tourist Arrivals and ₹231,927 crore Foreign Exchange Earnings in 2023: MOT

In a significant milestone for the country’s tourism industry, MOT revealed that India witnessed a record-breaking 18.89 million foreign tourist arrivals (FTAs) in 2023. It added that Foreign Exchange Earnings (FEEs) from tourism surged to ₹231,927 crore, signalling a vibrant recovery in the sector. Among these visitors, 9.52 million were foreign tourists, while domestic tourism also saw a remarkable boom with 2,509 million DTVs.

Read More »

Odisha CM urges Centre for special package, seeks ₹10,000 crore for tourism infrastructure development

Odisha CM Mohan Charan Majhi urged the Centre to announce a special package for the eastern state, stating that about ₹10,000 crore of investment was needed to create a world-class tourism infrastructure in Odisha. He made the demand at the pre-budget consultation meeting with Nirmala Sitharaman, Union Minister of Finance at Jaisalmer in Rajasthan.

Read More »

Omar Abdullah advocates tourism diversification beyond Vaishno Devi to explore Jammu’s untapped potential

Omar Abdullah, CM, Jammu and Kashmir urges to explore untapped potential of diverse tourist destinations in Jammu beyond Vaishno Devi. He said, “One crore plus yatris every year visit Jammu for darshan. If I could divert even 15 per cent of those yatris to other tourist destinations, it will do wonders for tourism in the region.”

Read More »

Goa Tourism bounces back, witnesses record influx of over 71 lakh visitors from January till September

Goa tourism is bouncing back, with over 71 lakh visitors recorded till September, marking a strong recovery from the pandemic. The state tourism department said efforts have been made to boost tourism through initiatives like enhanced infrastructure, improved connectivity, and active promotion in global markets, ensuring that “Goa remains a sought-after destination for travellers from across the world.

Read More »

India’s spiritual destinations witness 10 per cent increase in searches during Q4 2024: Agoda report

Between October and December 2024, Agoda observed a 4 per cent rise in inbound searches and a 10 per cent increase in domestic searches for popular spiritual destinations across India. As per the report, Bengaluru, Hyderabad, Chennai, Kochi, and Varanasi lead the charge for domestic and international visitors.

Read More »

India’s Travel Boom: A deep dive into the future of travel with SOTC’s Vishal Suri

At the second edition of ITB India, Vishal Suri, Managing Director, SOTC Travel, delivered an insightful keynote on India’s rapidly evolving travel landscape. With India’s economy and demographic shifts setting the stage for unprecedented growth, Suri painted a vivid picture of how the country’s travel sector is poised for expansion, underpinned by strong domestic demand, a youthful population, and a growing middle class. Suri began by highlighting India’s economic ascent, positioning it as a global powerhouse. Currently, the country boasts a $3.95 trillion economy and is expected to become the third-largest economy by 2027 -28, growing at a steady rate of 8%. This robust growth is fueled by a diverse economic base, including IT, services, agriculture, and manufacturing. According to Suri, this economic diversity and stability create a fertile ground for travel and tourism to flourish. A major driver of this boom is India’s young, tech-savvy population. With 52% of India’s 1.4 billion people under the age of 50, and 27% under 30, Suri emphasised how this “Gen Alpha” is already contributing to the nation’s growing consumer market. These young consumers, being digital natives, are increasingly embracing technology to plan and book travel, shifting from a traditional “saver” mentality to a more “spending” and experience-driven mindset. Suri also touched on the significant shift in consumer behavior, especially post-pandemic. “Pre-pandemic, travel was more about escaping life; post-pandemic, it is about experiencing life,” he noted. This psychological shift has led to a surge in local, experiential travel, with people looking for more meaningful, culturally immersive experiences rather than merely ticking off destinations. The demand for authentic stays, such as Airbnbs and homestays, has increased, reflecting a deeper desire to connect with local …

Read More »

Kerala Tourism clocks sharp rise in domestic arrivals, uptick in foreign tourist visits

Unfolds new products ahead of festivals & holiday season Riding on a high-growth trajectory, Kerala Tourism has unfolded a range of fresh products and packages to whip up new interest among travellers from both inside the country and outside in the upcoming festive and winter holiday seasons. Alongside the new projects, the state’s core assets like beaches, hill stations, houseboats and backwater segment will continue to have a mesmeric charm for the visitors. Kerala’s unique touristy appeal lies in providing a diverse range of experiences for tourists like houseboats, caravan stays, plantation visits, jungle lodges, homestays, Ayurveda-based wellness solutions, adventure activities, countryside walks, and trekking to verdant hills. Kerala’s resilience in putting its pandemic-hit tourism industry back on the rail is evident from an appreciable surge in domestic arrivals. In pre-COVID times, it was the year 2019 when the state registered the highest growth rate in domestic and total tourist arrivals in 24 years with their number pegged at 1,95,74,004, comprising 1,83,84,233 domestic tourists and 11,89,771 visitors from abroad. In 2023, it witnessed a record surge in the number of domestic tourists with as many as 21,871,641 people visiting the state. The number of international tourists was pegged at 6,49,057. As for the first quarter (January-March) of 2024, Kerala attracted 50,37,307 domestic tourists compared to 49,36,274 visitors in the corresponding period a year earlier, registering a 2.05 per cent increase, in a rousing endorsement of its touristy appeal. Equally assuring for Kerala is the uptick in international tourist arrivals, which are expected to reach the pre-COVID levels by 2025. Tourism Minister Shri PA Mohamed Riyas says the focus will no longer be confined to beaches, backwaters and hill stations. “We …

Read More »

Travel operators to record 15-17% revenue growth this fiscal due to rising domestic tourism & interest in overseas travel: CRISIL

According to CRISIL Ratings, rising domestic tourism and increasing propensity to travel overseas will expand revenue of India’s tour and travel operators by a robust 15-17 per cent this fiscal. The growth in revenue will be on a high base of last fiscal, when revenue jumped ~40% year-on-year to about ₹14,500 crore, surpassing the pre-pandemic peak by ~20%.

Read More »

Sudha Murty calls for enhanced domestic tourism infrastructure in Rajya Sabha address

Advocating for promoting domestic tourism during her maiden speech in the Rajya Sabha, Sudha Murty, philanthropist highlighted India’s cultural richness, noting that while the country boasts 42 World Heritage sites, an additional 57 are awaiting recognition. She emphasised the need for well-packaged tourism initiatives, with adequate infra.

Read More »
error: Content is protected !!