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Tourism Breaking News

Breaking News

World’s steepest cableway opens Switzerland with a new direct connection between Stechelberg and Mürren
AP Tourism Minister unveils state’s Tourism Policy 2024-2029, aims to attract ₹25,000 crore investment
Tourism is not just about economic value, but also about fostering deeper global ties: Puneet Chhatwal
Infrastructure is the scaffold holding tourism sector together, says Mugdha Sinha, Director General, MOT
Year End Hospitality Quote from Dr. K Prakash Shetty , Founder & Chairman , MRG Hospitality & Infrastructure Pvt. Ltd
Tourism Minister Shekhawat urges industry to create document on reinstating SEIS scheme in a new format
ITQ to implement tech solutions for travel agents to help them handle their customers better and scale up their business: Anoop Tewari
More Indians want to fly business class this holiday season
India leads global tourism surge with record spending and luxury travel trends
Unless we address the supply side immediately, we risk missing the tourism opportunity altogether: Suman Billa
We must shift focus to international market, specially high-value tourism, for greater unit value realisation: Amitabh Kant

Tag Archives: online travel market

Indian outbound tourism market projected to touch US $55 bn by 2034, to exceed 2024 value by US $18.8 bn

August 2, 2024

The FICCI-Nangia knowledge paper reveals that India’s outbound tourism market is projected to reach over US $55.3 billion by 2034, from the estimated more than US $18.8 billion in 2024, growing at a compound annual growth rate of 11.4 per cent. India’s online travel market is expected to grow at 10.5 per cent CAGR between 2024-29 — from US $17.24 billion to US $28.40 billion.

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