According to a new WTTC report, India’s travel and tourism sector has recovered significantly with domestic tourism playing a pivotal role but international travel spend continues to remain below pre-Covid levels. Consulting firm McKinsey and Company had earlier projected that India will become the fourth-largest domestic travel market in terms of spending by 2030.
Read More »50 million Indians to travel overseas by 2031, rising income levels key reason, says report
According to recent research by DPI, by 2031, an estimated 50 million Indians will travel overseas. Rising personal income levels and greater accessibility will enable international travel for a greater proportion of India’s population.
Read More »Government should revisit TCS decision as it is a deterrent for int’l travel, says Manoj Saraf
TCS will be a deterrent for international travel and we hope that government will get further time to think over it. “I am not so happy about this decision because it’s only a deferment of three months” responded Manoj Saraf, MD, Gainwell Travel & Leisure.
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