Owing to a growing economy, swelling incomes and
youthful population, Bharat will become fourth largest global travel spender among
the world’s top 10 countries by 2030.
Indians will spend $410 billion on travel and
accommodation by the end of the decade, stated a new study.
This is about three times the amount ($150 billion)
spent in 2019, the last pre-covid year of normal consumption. India’s travel
industry has displayed a remarkable recovery post-pandemic, Indian travellers
are expected to complete a staggering 5 billion trips annually by the same
year.
Bharat’s travel patterns revealed Indian travellers
embarked on trips exceeding 25 days for leisure in 2022, a figure surpassing
other large markets.
It also underscored that, in 2023, the average trip
planning window for Indian travellers stood at approximately 30 days,
significantly shorter than the second-ranked country Japan, where travellers
plan their trips an average of 57 days in advance.
The global interest in the Indian traveller and
hospitality market, as holiday plans are no longer strictly season-dependent
and a considerable amount of “off-peak” travel is being planned.
It was discovered that 54 per cent of Indian
travellers are influenced when choosing a destination by their favourite
movies, shows, or celebrities. another important source of holiday inspiration
is social media.
Culinary experiences also remained a major influence,
with 44 per cent of travellers ranking it as a top feature in leisure trip
planning in 2023.
Government support for local experiences will be a
major driver of domestic tourism. The number of accommodations in Bharat will
nearly double, reaching 290,000 by 2030 compared to the 2019 count.
On the international front, popular destinations for
Indians remain Dubai, Bangkok, Singapore, London, and Paris. Vietnam,
Indonesia, and Nepal are gaining traction due to increased air connectivity,
rising awareness, and simplified visa processes.
Agencies
