Tag Archives: Inbound tourism

To exploit India’s vast potential in the tourism industry, Jagdeep Bhagat, President, TIA, said, “We are leaving no stone unturned to expand its outreach and make new members across India and abroad to unlock new horizons for tourism growth. TIA has reached 225 members, aim is to cross the 1,000 membership mark within this fiscal (2024-2025).”

As per Future Insights Market forecast, India’s medical tourism is estimated to be valued at US$ 10,362.9 million in 2024. It is projected to surpass US$ 50,670.5 million by 2034. The industry growth in India is expected to develop at 17.20 per cent CAGR from 2024 to 2034. The surge is the result of rise in demand for cost-effective healthcare facilities.

In order to make India’s tourism offerings more attractive and accessible throughout the year, Manisha Saxena, DG, MOT, GoI, highlighted the ‘Coolcation,’ campaign, aimed at showcasing country’s cooler regions and diversifying the tourist experience beyond the conventional peak seasons,  while challenging misconceptions about India’s climate.

According to CAIT, Knot Worldwide, and Global Opportunity Analysis and Industry Forecast, India’s wedding market is the second largest in the world, next to the US. The forecast expects 40 crores weddings to take place in the next 15 years. As per Wedding Wishlist, over US$50 bn Indian Wedding market is expected to grow at a 30% CAGR.

To enhance the relationship of Uttar Pradesh Travel Trade Professionals with India’s and overseas travel trade fraternity and to highlight UP as a tourist destination, a cricket league was organised by UPTCL after 4-years in Lucknow. Eight teams from varied cities of UP participated. Rezbook Allahabad Warriors lifted the trophy.

While commenting on the ‘Chalo India’ campaign launched by PM Modi, Rajiv Mehra, President, IATO, said, “Anything that is done to promote tourism we wholeheartedly welcome it. However, we need to rope in Destination Management Companies, foreign tour operators and get them to market us.”

At FHRAI’s ‘Travel For Life Tourism Sustainability’ Summit 2024, Amitabh Kant, G-20 Sherpa, India, said that the hospitality industry is the number one agent of change. “Indian tourism and hospitality industry must focus on the value per tourist instead of arrival numbers,” he shared in his address.

As tourism in Nepal is gradually witnessing recovery from the onslaught of Covid-19, India became Nepal’s top inbound tourist market with 25,578 Indians visiting the Himalayan nation in February via air. Nepal Tourism Board claimed the number is on the higher side as many tourists visit the country via land route.

In a significant development, Tamil Nadu ranked second in foreign tourist visits, with 1.23 million foreign tourists visiting the state. To further increase the numbers by more than 20 per cent, the state government has decided to formulate and implement a creative and brand positioning strategy to target international and domestic markets.

In its travel forecast, PATA (Pacific Asia Travel Association) has estimated that India will witness 1.7 million US visitors by the end of 2026, which is 111.9% more than the 2019 level, under the medium scenario. The latest PATA forecast sheds light on the swift recovery of international arrivals.