Skift India Report

Travel and tourism industry accounted for around 6% of India's GDP in 2022. The country has therefore been focusing on boosting tourism.

The aviation industry in India is undergoing changes as the market is underserved. ICRA has, therefore, maintained a stable outlook on the sector.

Sébastien Bazin believes India has untapped potential, and asserts players need to increase their goals and ambitions to cater to the demand of the market.

India is a strong source market for business travel. To cater to this robust market, online travel companies in India are diversifying their offerings.

MakeMyTrip has been witnessing a robust increase in Indian travelers' interest in Bhutan. This service aims to capture that opportunity.

Goa's focus on sports tourism is aimed at creating a more sustainable model of tourism in the state. It has been upgrading its sports infrastructure to promote itself as a premier destination for sports.

Wyndham operates the largest number of hotels in the world. However, in India, it has around 60 properties, while its counterparts operate around 100 hotels.

Goa is seeking to reinvent itself as a year-round destination. Its partnership first with MakeMyTrip and now Agoda is a step towards being known for more than just its beaches.

India is a strong player in Accor's global vision. The record-breaking expansion in 2023 is a step towards its goal of opening 30 properties in the country over the next three to five years.

IHCL witnessed record number of openings in financial year 2023-24. The company's aggressive expansion led its portfolio to grow 19% in one year.