Two tourism powerhouses, two economic giants, two of the world's most populous countries — and yet, not a single direct flight between India and China.
Driven by an increase in spending power, Indians are traveling to the U.S. in huge numbers. Gains are further boosted by major sporting events held in the U.S., as Indian sports fans are willing to travel far for events.
Oyo looks to make the most of India's burgeoning outbound travel market, as evidenced by its recent launch of premium hotels in popular destinations for Indian tourists.
If Taiwan continues with its plan to allow visa-on-arrival for Indian travelers, it will join a growing list of countries that are easing visa requirements to attract the outbound market. Also in focus are money minting corporate events for Indian business travelers.
TBO Tek's successful IPO was followed by Ixigo's listing. Will Leela's debut on the stock market make it a hat-trick for Indian travel and hospitality companies?
Cambodian tourists have largely visited India for religious travel to Buddhist sites and for affordable medical treatments. Meanwhile, Cambodia is hoping to attract more Indians – but much more than a direct flight is needed to attract the Indian travelers.
The Indian aviation sector is adding more airports across the country, and airlines are investing in upgrading and expanding their fleets. A consistent growth in domestic air passenger traffic is crucial to their return on investments, especially as international airlines are eyeing this growing consumer base.
Skyscanner is growing its presence in India, adding more partners to increase the supply side. Its strategy - investing in supply side first, then focusing on growing the customer base.
Ixigo's IPO closed to a blockbuster subscription window. The online travel company's performance at the Indian bourses is indicative of the positive sentiments that prevail in India with regard to the travel industry.