Indian Travelers Poised for Huge Growth, Becoming Key Force in Global Tourism Recovery
-
Indian travellers projected to become 4th largest global spenders in travel by 2030, with estimated expenditure of $410 billion.
-
Indian travellers played key role in tourism recovery in 2022, reaching 78% of 2019 levels vs Asia's 52%.
-
Number of trips by Indians expected to rise from 2.3 billion in 2019 to 5 billion in 2030.
-
Indian travellers plan trips spontaneously, average just 29 days ahead vs 57 days in Japan, 63 in US.
-
Growing preference for alternative accommodations like hostels, off-beat destinations, influenced by media & social media.