Oyo is ensuring it stays competitive in the growing spiritual tourism market, a sector that has caught the attention of major players like MakeMyTrip and proven to be a significant revenue driver for them.
Growing wealth in Asian markets, particularly India and China, are fueling a boom in outbound travel and it is crucial for travel businesses to understand these demographics.
India has the resources, diversity, and ambition to be a global tourism leader. But to reach its true potential, it must address its challenges head-on, ensuring the world sees not just its barriers.
India is a major source of tourists for Southeast Asia, but there’s a real need for those countries to return the favor and help boost tourism to India as well.
South Africa wants more Indians to visit, but visa processes are a major hurdle. Enter: a new visa regime. Why? Because Indians have in the past flocked in large numbers to destinations that are making visas easier to get.
With foreign tourists yet to return, domestic business and leisure travel is fueling IHCL's growth. And anciliary businesses are diversifying its revenue streams.