GDP - TravelBiz Monitor: India travel news, travel trends, tourism

Vision 2030: 100mn tourists annually; WTTC commits over USD 10bn investments to Saudi Arabia at Global Summit

By TBM Staff - Mumbai Tuesday, 20 December 2022, 3:00 PM 177

The recently concluded WTTC Global Summit brought the global spotlight on the host country, the Kingdom of Saudi Arabia (KSA). World tourism leaders and members of WTTC have pledged investment worth USD 10.5 billion in the coming five years in Saudi Arabia, said Julia Simpson, President & CEO, WTTC. This announcement comes at a time […]Continue Reading

Outbound Top Stories

Seychelles launches tourism satellite account system; first for Africa

By TBM Staff - Mumbai Friday, 16 September 2022, 10:15 AM 472

Seychelles recently launched Africa’s first tourism satellite account system, Seychelles News Agency reported. The system launched is a tool developed by international institutions (the UNWTO, the OECD Eurostat, and the United Nations Statistics Division) to harmonize and reconcile tourism data. It aims to strengthen the tourism data system and help match tourism demand Continue Reading

India T&T sector to post annual growth rate of over 10% during 2019-28: IBEF

By TBM Staff - Mumbai Wednesday, 22 June 2022, 10:00 AM 452

The travel and tourism industry’s direct contribution to India’s Gross Domestic Product (GDP) is expected to post an annual growth rate of 10.35 per cent between 2019 and 2028, according to a report by the Indian Brand Equity Foundation (IBEF), an Indian government trust, reports Shivangi Gupta for Moneycontrol. In 2020, the travel and tourism […]Continue Reading

Guest Column

A Highway Harangue

By Anurag Yadav Monday, 12 July 2021, 11:00 AM 3575

The joys of launching amazing highways in India will be still-born unless the users are made to live up to it. India leads the world in traffic-related deaths. In fact the high rate of accidents and bad state of roads drags back the GDP by at least 3 points. In the light of the above […]Continue Reading

IAAI applauds Kerala’s decision to form Welfare Board for tourism employees

By TBM Staff - Mumbai Monday, 21 June 2021, 4:30 PM 1706

The IATA Agents Association of India (IAAI) National Committee & Kerala State Committee meetings have expressed gratitude to the Chief Minister and Tourism Minister of Kerala for initiating to form Welfare Board for the employees working in tourism industry. The formation of a Welfare Board for travel and tourism industry employees was one of the […]Continue Reading

Vision 2030: 100mn tourists annually; WTTC commits over USD 10bn investments to Saudi Arabia at Global Summit

Seychelles launches tourism satellite account system; first for Africa

India T&T sector to post annual growth rate of over 10% during 2019-28: IBEF

A Highway Harangue

IAAI applauds Kerala’s decision to form Welfare Board for tourism employees

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