Craig Bradley, Associate Travel and Tourism Analyst at GlobalData, said: âPrior to the pandemic, India was one of the world’s largest and most sought-after tourism source markets, and was a key target for major players such as VisitBritain and Tourism Australia. As the Covid-19 crisis has strained the country’s economy and tourism industry, Indian travelers should be prepared to travel again. “
According to a survey conducted by GlobalData of consumers in the third quarter of 2021, 56% of Indians said âaffordabilityâ and âaffordabilityâ were key considerations when purchasing a vacation. This underlines that simple and economical travel solutions are the way to go. Bradley adds: âIndia’s increased investment in low cost airlines, along with improved airport infrastructure, means better connections from regional and major airports. Therefore, international travel will be easier and cheaper for Indian travelers. This will be critical to India’s success in the post-pandemic era.
âAlready India’s low cost airline industry has grown dramatically over the past decade, along with its economy. In 2016, it overtook full-service carriers in the number of passenger seats sold and accounted for 51% of all passenger traffic in India in 2021, âBradley said.
The Indian economy will continue to build on its success, after a first lull in 2020. Current projections show that India’s national GDP will reach $ 4 trillion, 50% more than in 2021, according to GlobalData’s macroeconomic database.
âAs the Covid-19 crisis has strained the country’s economy and tourism industry, Indian travelers should be prepared to travel again. Indian tourists have remained a top choice for destination marketers, aiming to capitalize on the country’s growing population, including Gen Z and Millennials who are inclined to travel. In addition, improving India’s infrastructure and developing the low-cost airline market means that overseas travel is both affordable and accessible from Tier 2 cities, âsaid Arun Leslie. John, Chief Market Analyst, Century Financial.
The growth of the Indian economy will directly help boost the middle class population, which will lead to increased wealth and disposable income for years to come.
Bradley said: âTourism development generally thrives in developing economies, and India’s future looks bright – provided it can avert further outbreaks of Covid-19 and subsequent lockdowns. This represents a great opportunity for destination marketers, who can capitalize on the country’s growing population, including Gen Z and Millennials (around 51%). These generations are inclined to travel. In addition, India’s improved infrastructure and the development of the low cost airline market mean that overseas travel is both affordable and accessible.
Majority of Indians come to Dubai these days, especially for Expo 2020 Dubai, informed Hemali Shah, Managing Director of City One Tourism and Travel.
âThere is a huge increase in bookings for family vacations and travel. Every hotel and tourist place, you will find them around. There are massive crowds everywhere starting this year. There are many opportunities in the industry as we offer a wide range of destinations and tailor-made trips that we provide to our clients for their exceptional and memorable experiences, âsaid Shah.
âGiven that India is the second most populous country in the world, it is no surprise that many foreign travelers are there, as they are eager to travel outside of their comfort zone. As it has been closed for a long time, now is their chance to travel the world as they saved their money to travel from 2020 and now many borders have opened. “
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