The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) reveals a significant recovery of India’s Travel & Tourism sector, with domestic tourism playing a pivotal role.
The data shows that whilst domestic tourism is driving the recovery of the sector in India, international travel spend remains below pre-pandemic levels.
According to the global tourism body’s latest research, the sector’s contribution to India’s GDP reached just over INR 19.13TN in 2023 – almost 10% ahead of 2019 levels.
Employment in Travel & Tourism grew by 10% to reach just under 43MN, 8% more than in 2019.
Domestic visitor spending was 15% ahead of 2019, reaching INR 14.64TN however international visitor spending remained more than 14% behind 2019 last year – INR 0.4TN less being spent by international visitors last year than in 2019.
Such strong growth in domestic visitor spending is evidence that domestic visitors have led the sector’s path toward post-pandemic recovery. Julia Simpson, WTTC President & CEO, said; “India’s Travel & Tourism sector is bouncing back with remarkable vigour, driven by a surge in domestic tourism.