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OUTBOUND TRAVEL GROWTH
India's April exports jump 13.8%, trade gap widens to 3-month highA 10% rise in imports, despite a steep decline in inbound shipments from West Asia amid the continuing geopolitical disruptions, widened th...
Outbound travel slows as Indians rethink foreign holidays amid crisis and costsAirlines are experiencing weak forward bookings and muted growth plans due to high airfares and a weaker rupee, following a call to postpon...
Dollar pressure, PM’s appeal may shift Indian tourists towards domestic travel: Atul ThakkarIndian outbound travel may see a temporary slowdown due to rising currency pressures and recent government remarks, prompting travellers to...
After winning poll battles, Modi has picked up a new fightAmidst rising crude oil prices and a weakening rupee, Prime Minister Modi has urged Indians to embrace austerity. His call to reduce fuel c...
India summer travel shock: Flight tickets to Europe, Leh, Singapore see massive surgeIndian travellers are seeing airfares soar by 40-50% on many routes. This surge is driven by rising jet fuel costs and fewer available seat...
Forget revenue and burn rate. Early-stage founders should track these critical signalsThe hardest part of building a startup is getting to Series A. In the run-up to the One Of A Kind Startup Awards, we look at the barometers...
Iran says it won't accept 'maximalist demands' as Islamabad hosts peace pushIran presented its core demands and concerns in Pakistan, seeking an end to the ongoing conflict. The United States is pushing for Iran to ...
India's travel boom turns heads across Asia-Pacific regionA wave of Indian travelers is set to explore Asia and Australia in the upcoming years, as nations such as South Korea and Japan unveil fres...
MakeMyTrip projects outbound travel demand, rising airline capacity to power growthMakeMyTrip is aiming for its international travel segment to account for 30% of revenue within two years, up from the current 25%. Robust d...
Indians to spend $55 billion on outbound tourism in 20 years: ReportOutbound tourism spending from India was projected to rise from USD 18.82 billion in 2024 to USD 55.39 billion by 2034. Nangia NXT and Ficc...
Indian outbound tourism to grow at over 11% CAGR through 2034: FICCI-Nangia reportIndia's outbound tourism market is expected to reach USD 18817.72 million (USD 18.81 billion) in 2024 and grow at a CAGR of 11.4 per cent i...
Indian outbound tourism likely to reach $55,388.41 million by 2034: FICCI-Nangia ReportThe FICCI-Nangia report projected India's outbound tourism market to hit USD 18,817.72 million by 2024, with a CAGR of 11.4% until 2034. Th...
MMT clocks highest ever gross bookings in Q1FY25MakeMyTrip's CEO, Rajesh Magow, reported a 22% year-on-year growth in its gross booking value for Q1 2022, reaching over $2.4 billion. The ...
Govt should consider lowering TCS on overseas tour packages to increase outbound tourism: ReportThe growth in the Indian travel and tourism industry is driven by a combination of rising income levels and changing lifestyles, developmen...
Outbound travel industry grows, but challenges remainIndia has emerged as the world's fastest-growing outbound market and in absolute numbers it is second only to China.
China, India and other emerging economies to lead aviation marketThe Oxford Economics-Amadeus report shows that Asia would drive a decade of sustained growth for the global travel industry, which would gr...
- Honeymoon travel to hit new heights this season
Honeymoon travel looks all set to hit a new high this season.