Tag Archives: Inbound tourism

Malaysia moves ahead to become the 4th largest source market for inbound travel in India as per the PATA report. It will climb to the 4th spot in 2024 from 7th rank in 2019, beating Australia. In mild scenario, International Visitor Arrivals (IVAs) from Malaysia to India is expected to go up by 176.7% in 2024.  

Homa Mistry, CEO, Trail Blazer Tours India said, “New routes are launched because new airlines and airports are coming in but they do not stay there for long. It becomes a real demand and supply issue and promoting a destination becomes a problem. Thus, continuity and commitment are important for inbound.”

As per ICRA, Indian hotel industry is expected to witness a 7-9 per cent revenue growth by the year 2025. The domestic leisure travel, demand from meetings, incentives, conferences, and exhibitions (M!CE), including weddings and business travel are likely to drive demand for occupancy.

Addressing the dignitaries and alumni at IHM, Mumbai, Amitabh Kant, G-20 India Sherpa, said, “With India set to become the world’s third-largest economy by 2027, there will be a surge in Indian travellers globally, leading to more opportunities and responsibilities for the hospitality sector.”

Himachal Pradesh witnessed an increase in the number of tourist arrivals despite heavy rainfalls and landslides. As per the state tourism department, 1.60 crore tourists, including 62,806 foreigners, visited the state in 2023 as compared to 1.51 crore tourists, including 29,333 foreigners, in 2022.

Manisha Saxena, DG Tourism, MOT, said, “The decrease in the budget for overseas promotion is merely a technical reduction. There has been an increase in the allocation for domestic tourism. It is a matter of revamping the schemes and using them in tandem for domestic as well as overseas promotion.

Morocco Tourism will organise an exciting webinar to showcase the destination to the travel trade today at 11:30 am. Attendees will learn about Morocco’s rich tourism assets and its experiential offerings for the Indian traveller. For more information, write to jaspreet.kaur@ddppl.com or 9650196532 to register.

FITUR 2024 wraps up its 44th edition with exceeded expectations, demonstrating its global influence. The official report of FITUR 2024 reveals the record-breaking participation of 9,000 companies with 152 countries, 806 main exhibitors, 9 pavilions, and 10 monographic sections for tourist segments, representing a 13.7% increase compared to 2023.

Arshdeep Anand, Director, Holiday Moods Adventures said, “Development of new destinations in India will attract more travellers but what is being forgotten is that India ranks very high on the natural heritage index. Cutting down the budget will affect among foreign travellers.”

A parliamentary panel has observed that out of the total 45 sanctioned projects under the PRASHAD scheme only 20 have been completed, noting that its progress is very slow. The committee has suggested MOT to evolve its mechanism to collect data on the arrival of foreign and domestic tourists.