The Coldplay concerts have fans from all over India scrambling to get tickets - reselling is rampant and at exorbitant prices. And now, booking hotels is getting more expensive for the fans, as well.
Travel, as a discretionary item, will never be fully immune to the impacts of a recession. But in today's environment, travel could be more recession resistant, if not fully recession proof.
Goa has witnessed a 40% increase in cruise tourism, and a new terminal is coming soon. But there are more problems in the state that need to be solved to attract international tourists.
Younger generations form the biggest traveler base in India, and are key to the country's growth as a source market. Millennials' willingness to spend more on travel is a positive sign for their tourism economies of their destinations.
The upcoming festive season is driving a surge in demand for travel across India. Airfares remain stable due to early bookings and special discounts, but there could be a spike as travel dates near.
The importance of religion to tourism in India is well known. India is now investing in marketing and tourism infrastructure - think technology, hotels and other amenities – to attract more visitors.
Destination weddings among Indians is on a rise, driven by high-profile celebrations. However, the preference remains largely for international locations. Can marketing campaigns get people to 'Wed in India'?