How big is online travel market in india and its future scope?

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Does it has good future and growth?

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Posted by Pooja (Questions: 1, Answers: 1)
Asked on 2017-04-10 11:58 pm
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“India attracts travelers across various segments such as business, culture, leisure, and medical. By 2020, India’s travel market is expected to reach US$ 40 billion, making the Indian tourism and hospitality industry one of the sectors witnessing the highest growth. By 2020, the online travel market single-handedly would be accounting for around 40-50 per cent of the total travel transactions. Currently, it contributes approximately 12 per cent but with expanding internet penetration among the tier- 2 and tier- markets, online travel market in India would be offering a lot of job opportunities.
Number of tourists taking e-visa has increased by almost 104.4 per cent. In 2015, a total of 4, 45,300 tourist arrived on e-Tourist Visa as compared to 39,046 during January-December 2014. Domestic air travel ticketing inIndia has witnessed an exponential growth with portals like goibibo.com, makemytrip, yatra.com, etc among the websites of air carriers.

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Posted by Gunjan Rastogi (Questions: 0, Answers: 40)
Answered on 2017-04-14 2:18 pm
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