TravelBiz Monitor: India travel news, travel trends, tourism

India’s outbound tourism market estimated to record CAGR of 11.4% until 2032: NIMA

By TBM Staff - Mumbai Friday, 6 October 2023, 2:00 PM 632

Talking on the side lines of BLTM 2023, Gajesh Girdhar, Chairman, Network of Indian MICE Agents (NIMA), shared some promising insights into India’s outbound tourism market. According to Girdhar, India’s outbound tourism market is on a steady rise and is projected to reach USD 15.2 billion in 2023. This impressive growth is anticipated to continue […]Continue Reading

Indian outbound to witness CAGR of 11.4%

By TBM Staff - Mumbai Monday, 31 July 2023, 11:30 AM 1143

India’s outbound tourism market is projected to rise by 11.4 per cent CAGR between 2023 and 2032. The growth in the Indian travel and tourism industry is driven by a combination of rising income levels and changing lifestyles, development of diverse tourism offerings and policy and regulatory support by the government authorities, a report said. […]Continue Reading

Market size for tourist virtual reality headsets to reach USD 994mn by 2033: Report

By TBM Staff - Mumbai Monday, 24 July 2023, 12:30 PM 429

The market size for tourist virtual reality headsets was valued at USD 610.0 million in 2023, and it is anticipated to grow at 5.0% annually to reach USD 994.4 million by 2033, as per a Tourist Virtual Reality Headsets Market Soars as Travellers Seek Enhanced Immersive Travel Experiences; Future Market Insights Report. The leading virtual […]Continue Reading

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Philippines Tourism market to surpass USD 30.4bn with a CAGR of 10.9% by 2023: Analysis

By TBM Staff - Delhi Friday, 13 May 2022, 1:30 PM 1066

As per a recent market analysis by Future Market Insights (FMI), the global Philippines tourism market is poised to reach a valuation of USD 10.8 Bn in 2022. Sales are projected to increase at a 10.9% CAGR, with the market size reaching USD 30.4 Bn by 2032. The conversion of airport terminals into global gateways […]Continue Reading

India’s outbound tourism market estimated to record CAGR of 11.4% until 2032: NIMA

Indian outbound to witness CAGR of 11.4%

Market size for tourist virtual reality headsets to reach USD 994mn by 2033: Report

Philippines Tourism market to surpass USD 30.4bn with a CAGR of 10.9% by 2023: Analysis

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