India Tourism Report - Business Monitor International - Industry Reports

India Tourism Report

India Tourism Report - Business Monitor International - Industry Reports
India Tourism Report
Published Sep 10, 2016
33 pages — Published Sep 10, 2016
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Abstract:

India aims to compete with markets which attract a higher volume of international visitors and the country is investing in its tourism industry. Numerous initiatives, including the relaxation of visa restrictions, are yielding tangible results. ...Numerous initiatives, including the relaxation of visa restrictions, are yielding tangible results. In late ----, the expansion of the availability of the e-tourist visa (eTV) facility to --- countries will be a key driver of continued growth in tourist arrival numbers. This was up from -- and was further increased to --- countries. ...We expect that, by ----, around -.-mn tourists will arrive in India, with growth to average around -.- annually between ---- and ----.

...Total arrivals, --- (LHS) Total arrivals, ---, y-o-y (RHS) ---- ---- ----e ----f ----f ----f ----f ----f - -,--- -,--- -,--- --,--- --,--- -- -.- - -.- --.- e/f = BMI estimate/forecast. Source: National sources, BMI India s two main regional source markets are the Asia Pacific (--.- ) and Europe (--.- ). ...This includes air travel (with a large number of routes being launched every year) as well as train connections and cruises. Similarly, there is a large number of flight connections between Europe and Asia, particularly in the UK, which is connected to India historically and which constitutes one of the major gap year and holiday destinations for UK students. The third regional source market is North America (--.- ), driven by a rise in the number of tourists coming from the US and Canada. These trends will be maintained throughout the forecast period, with the number of tourists from the Asia Pacific, Europe and North America regions reaching -mn, -.-mn and -.-mn respectively in ----. Much smaller is the number of people coming from Africa, the Middle East and Latin

...India has the potential to become a world-class tourism destination. The country can attract many different types of tourists, ranging from backpackers on holidays or undertaking their gap year to middle-class tourists visiting natural and architectural wonders as well as high-end tourism in golf clubs and beach resorts. ...

  
Source:
Document ID
1747-8928
Country
Industry
Format:
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "India Tourism Report" Sep 10, 2016. Alacra Store. Dec 06, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/India-Tourism-Report-2026-150>
  
APA:
Business Monitor International - Industry Reports. (2016). India Tourism Report Sep 10, 2016. New York, NY: Alacra Store. Retrieved Dec 06, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/India-Tourism-Report-2026-150>
  
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