India Tourism Update
15 May 2016

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India buzzing with innovation; exciting time to be here, says Tony D’Astolfo, MD, PhocusWright

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Stark Tourism's report with relevant, latest statistics: Will China‟s Economic Turbulence Impact Your Travel Business?

 
News In Brief

Culinary Fest To Popularise Muziris, Spice Route 

A culinary fest presenting ethnic food from 31 Spice Route countries would be the highlight of events that will be organised to spread word about Kerala’s Muziris Heritage Project that was launched by President Pranab Mukherjee in February. The multi-nation culinary fest will be held in September 2016 at KTDC-owned Bolghatty Palace Hotel, Kochi, just before the commencement of the ninth edition of Kerala Travel Mart (KTM).

‘Veer Yatra’ Tours - A Unique Concept

The first-of-its-kind ‘military tourism’ initiative in India aims at strengthening the bond between the military establishment and the civilian population. The initiative by Maharashtra Ex-servicemen Corporation (MESCO) is a unique concept that encourages civilians to explore various facets of defence mechanism of the country and its evolution. It offers civilians opportunities to experience the world of defence forces from close quarters. 
 

Long-term Multiple Entry Visa For High Spenders 

Australia has announced the trial of a three-year multiple-entry visitor visa for India to be implemented by July 2016, in a bid to make high-spending Indian travellers repeat visits. The trial which targets frequent short-term travellers to Australia, will allow entry into Australia multiple times on the same visa with each stay valid for up to three months.

 
Statistics

15%  Rise In ASEAN Arrivals Expected

India will expand its promotional activities to all 10 ASEAN member states in 2016. India is expecting to welcome around 900,000 visitors from Southeast Asia in 2016, up by 15% compared to the 754,000 achieved in 2015. Southeast Asian tourist flows have been increasing steadily in recent years, rising from 540,910 in 2012, to 628,955 in 2013 and 685,805 in 2014.
 

Capital investment in the  Indian tourism and hospitality sector has been rising consistently. Investments are expected to increase at a CAGR of 8.6 per cent during 2009–25F. By 2025, investments are expected to increase to USD125.9 billion.
Source: World Travel & Tourism Council’s Economic Impact 2015, TechSci Research, IBEF
Note: E – Estimated, F- Forecast

 

The Indian government’s collective spending on the tourism and hospitality sector is estimated to be USD2.4 billion in 2015. Collective government spending on tourism is expected to grow at a CAGR of 9.1 per cent from 2008-15. By 2025F, the government’s collective spending is expected to increase to USD7.0 billion.
Source: World Travel & Tourism Council’s Economic Impact 2015, TechSci Research. IBEF
Note: E – Estimated, F- Forecast

 
 
Events
08.07.16
Travel & Tourism Fair (TTF), Kolkata
 A travel trade show network.
15.07.16
Travel & Tourism Fair (TTF), Hyderabad
 A travel trade show network.
29.07.16
India International Travel Mart (IITM), Chennai
Exhibition that showcases of travel, tourism, hospitality, leisure and other related industries.
19.08.16
SATTE Mumbai West
A leader in travel trade shows across South Asia, featuring inbound, outbound and domestic travel.
03.09.16
International India Medical Tourism Congress (IIMTC)
IIMTC in its third edition now, has become almost synonymous with the fast growing Indian Medical Tourism Industry.
27.09.16
Kerala Travel Mart (KTM)
KTM brings together the business fraternity and the entrepreneurs behind Kerala's unparalleled tourism products and services.
 
 
 


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