Cool Corporate Travel Market In India References

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Corporate Travel Market In India. International travel house limited (ith) started operations in 1981 as india’s first publicly listed travel company. Business travel spending is expected to treble until 2030 from $30 billion in 2015, a report by consultancy kpmg and fcm travel solutions said.

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Latest chinese travel data highlights shifts in domestic market and consumer sentiment trends. International tourism departures from india have grown from 3.7 million in 1997 to 9.8 million in 2007 and international tourism expenditures have increased from us1.3 billion in. “in 2015, india saw a 15% increase in business travel.

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India is the world’s tenth largest business travel market and is likely to clock the fastest growth in this segment in the next five years. Dollars to the country’s gdp and estimated to double in the coming years. The hotel & tourism sector received cumulative fdi inflow of us$. The travel market in india is projected to reach us$ 125 billion by fy27 from an estimated us$ 75 billion in fy20.