Articles tagged “travel spending”

Several factors are playing in India's favor as a tourism source market: its population, emerging younger generation, and competition leading to reduced travel costs.

International visitor spending in India in 2023 was 14% below pre-pandemic levels. UPI One World wallet eliminates the need for international travelers to carry currency, and could boost tourism spending in India.

Today's podcast looks at the latest airline to pull from China, new trends for business travel, and what the Travel Corporation acquisition means for private equity deals.

Indian travelers are becoming an attractive source market, a McKinsey says. And a boom in the domestic travel market is leading to "substantial investments."

Of course, we know that Indians are traveling more than ever, but nothing like statistics to highlight just how significant travel spending has become.

MakeMyTrip shares insights into changing preferences of Indian travelers as the Indian tourism industry is poised for significant growth in 2024.

Today's podcast looks at Dubai's luxury promise, China's pent-up travel demand, and weaker tourism spending in the U.S.

Trip.com has reported a solid third quarter and sees no signs of a slowdown any time soon. But not keen to put all its eggs in one basket (China), the online travel company has also sets its sights on global expansion.

“As a company we are very bullish on the Indian opportunity.” – Santosh Kumar, Booking.com’s country manager for India, Sri Lanka, Maldives and Indonesia.That's how Kumar opened Booking's “How India…

International traveler spending on travel to, and tourism-related activities within, the U.S. totaled $19 billion in August 2023, its highest level since the pandemic hit in 2020, according to the…