Authored By: Sarah
12 Jan 2024

India's Travel Services Market: Setting Out on a USD 13,462.48 Million Expedition through 2023-2027

India - Travel Services Market is riding a wave of growth, fueled by an uptick in international tourism and a surge in corporate visits. Boasting enhanced infrastructure and tech-savvy innovations like voice-assisted travel searches and tailored corporate benefits, the Indian travel scene is set for an adventurous journey ahead.

Between 2023 and 2027, the India Travel Services Market is projected to expand by USD 13,462.48 million at a CAGR of 11.72%. When it comes to the India - Travel Services Market classification, The market can be divided into segments based on the type of booking (online and offline) and the services provided (such as domestic airline services, hotel accommodations, rail ticket services, taxi services, and more).

Why is tourism popular in India?

Thanks to an influx of globetrotters drawn by leisure, business, and the urge for sports adventures. As infrastructure blossoms and tech wizards like Cleartrip summon Alexa to revamp travel searches and dish out corporate perks like endless cashback and hassle-free modifications, the India travel market set to soar higher.

India Travel Services Market Analysis 2023-2027

India Travel Services Market Analysis 2023-2027

What is the main aim of tourism industry in India?

India's tourism industry aims to showcase its diversity, culture, and landscapes, drawing global visitors. Its mission is to boost growth, foster cultural exchange, and create jobs through increased tourism. Leading participants such as Airbnb, Cleartrip, Cox and Kings, MakeMyTrip, and TripAdvisor navigate this landscape by offering distinct and unique propositions to stand out.

Which is the largest tourism in India?

As outlined by India - Travel Services Market analysis and report, the online travel sector is set for remarkable growth ahead. Consumers favor online platforms for travel bookings, drawn by their convenience, igniting substantial sales. The increasing presence of online travel giants like MakeMyTrip, TripAdvisor, IRCTC, and Yatra also contributes to this shifting trend and India Travel Services Market growth. Experience the dynamic India Travel Services Market through our insightful report, uncovering its transformative trends and vibrant landscape backed by data.

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