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MarketreportsonIndia.com presents the latest report on Market Insights India: Source Market Report”. This report provides a better understanding of the number of tourists departing from India, where they are staying, their spending habits and future developments on the Indian tourist industry. http://www.marketreportsonindia.com/service-industry-market-research-reports-12404/market-insights-india-source-market-report.html
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Market Insights India: Source Market Report Market Reports On India By: http://www.marketreportsonindia.com/
Summary SummaryMarket Insights; Indian Source Market Report provides an overview of the India outbound market, analyzing market data and providing insights. This report provides a better understanding of the number of tourists departing from India, where they are staying, their spending habits and future developments on the Indian tourist industry. Key Findings- Indians made over 18 million outbound trips in 2014, an increase on the 16 million trips made in 2013. Barely 2% of India’s population currently travel overseas but over the past five years the country’s middle classes have increased by over 10%. This demographic is set to grow from 32% at present to 50% by 2030, making it a major source market with tourism boards vying to tap into this potential tourist goldmine Contact No: +91.22.27810772/ 73 Email Id : info@marketreportsonindia.com
India is expected to increase its business travel and tourism following the election of Narendra Modi’s Bharatiya Janata Party (BJP) pro-business government in May 2014. However, outbound tourism will be challenged by the domestic tourism industry, which is expected to experience a surge in business confidence, shown by its average of 9% annually over the historic period- Indian travelers characteristically have been avid business travelers with 40% of all departures accounted for by business trips. While most of this MICE tourism has been consistently to the Asia-Pacific region, TTIC expects that changing trends in India’s economy will spur a rise in leisure and VFR travel to the Middle East and Europe over the forecast period • Key destinations include Thailand and UAE, as well as increasing visitors to the US. Contact No: +91.22.27810772/ 73 Email Id : info@marketreportsonindia.com
Although outbound tourism is growing, domestic investment could threaten the dominance of international trips. Synopsis- The report provides detailed market analysis, information, and insights, including:- Historic and forecast tourist volumes covering the Indian outbound tourism sector- Detailed analysis of tourist spending patterns for various categories in the travel and tourism sector, such as purpose of spending and top source markets.- Detailed analysis of the market trends in Indian outbound tourism sector Contact No: +91.22.27810772/ 73 Email Id : info@marketreportsonindia.com
Table of Contents Snapshot Outbound Spending Length of Trip Domestic Tourism Mode of Transport Main Destination Markets Destination Focus; Thailand Destination Focus; United Arab Emirates Destination Focus; United States Market Data Contact No: +91.22.27810772/ 73 Email Id : info@marketreportsonindia.com
To view the full Executive Summary and Table of Contents, please visit: Market Insights India: Source Market ReportContact us : Market Reports on IndiaPhone no:+912227810772 / 73E-mail to: info@marketreportsonindia.com