Bharat Book Bureau provides the report, on “Travel and Tourism in India to 2019”. https://www.bharatbook.com/travel-tourism-market-research-reports-648846/travel-tourism-india1.html Travel and Tourism in India to 2019 provides detailed information on the Indian tourism sector, analyzing market data and providing insights.
(TRAVPR.COM) INDIA - August 20th, 2015 - August 20 2015- Mumbai, India: Bharatbook.com announces a report on “Travel and Tourism in India to 2019”. Make strategic business decisions using historic and forecast market data related to Indian Travel & Tourism sector.
Summary
Travel and Tourism in India to 2019 provides detailed information on the Indian tourism sector, analyzing market data and providing insights. https://www.bharatbook.com/travel-tourism-market-research-reports-648846/travel-tourism-india1.html This report provides a better understanding of tourism flows, tourist expenditure, airlines, hotels, car rental, and travel intermediaries. The report brings together Canadean’s research, modeling, and analysis expertise in order to develop uniquely detailed market data. This allows domestic and foreign companies to identify the market dynamics and discover which segments will see growth in the coming years.
Key Findings
• India’s travel & tourism sector performed well during the historic period (2010–2014), with growth recorded in both domestic and international tourist volumes. The main factor for growth in international tourist inflow was the implementation of the Tourist Visa on Arrival (TVoA) scheme for 12 countries in 2010, followed by the Electronic Travel Authorization (ETA)-enabled TVoA scheme for 43 countries. Increased promotional events, road shows, participation in international Travel Fairs and Exhibitions, and expansion of low cost carriers also contributed to the growth in domestic and inbound tourism.
• The new government, formed in May 2014, took several initiatives during the year to strengthen the country’s tourism sector. The government has set a target to achieve a 1% share in global tourism arrivals by 2018. According to Canadean, India received 7.3 million international arrivals in 2014, a representing 0.6% share of global tourism arrivals in 2014. The government has launched an initiative, “Make in India”, to attract domestic and foreign companies to manufacture their products in India and transform the country into a manufacturing hub. To achieve this objective, the government is working towards ease of doing business and will focus on 25 sectors, including tourism and hospitality.
• The Indian government implemented the first phase of ETA-enabled TVoA for 43 countries who want to visit India for sightseeing, visiting family and friends, rejuvenation, casual business visits, and short-duration medical tours in 2014.The scheme simplifies the visa application process and encourages tourist inflow to the country. The facility is available at nine International airports Delhi, Mumbai, Chennai, Kolkata, Hyderabad, Bengaluru, Thiruvananthapuram, Kochi, and Goa. During the month of its launch, December 2014, there was 421.6% annual growth in international arrivals compared to the same period in the previous year, with Delhi airport having the highest percentage of total TVoA requests.
• To strengthen the air connectivity domestically, the new government announced during the Union Budget 2014 that it will develop 200 low-cost airports in Tier II and Tier III cities in the next 20 years. To keep operating and service costs minimal, these airports will have only basic infrastructure. During the 12th Plan (2012-2017), INR1.5 billion (US$21.8 million)was allocated for the development of non-metro airports, whose share is expected to increase from30% of total air traffic in 2012 to 45% on completion.
Synopsis
The report provides detailed market analysis, information, and insights, including:
• Historic and forecast tourist volumes covering the entire Indian Travel &Tourism sector
• Detailed analysis of tourist spending patterns in India for various categories in the Travel &Tourism sector, such as accommodation, sightseeing and entertainment, foodservice, transportation, retail, travel intermediaries, and others
• Detailed market classification across each category, with analysis using similar metrics
• Detailed analysis of the airline, hotel, car rental, and travel intermediaries industries
Reasons To Buy
• Make strategic business decisions using historic and forecast market data related to Indian Travel & Tourism sector
• Understand the demand-side dynamics within the Indian Travel & Tourism sector, along with key market trends and growth opportunities
For more information kindly visit :https://www.bharatbook.com/travel-tourism-market-research-reports-648846/travel-tourism-india1.html
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