Tag: Outbound Tourism
Outbound tourism from India is expected to continue to grow strongly: UNWTO
Outbound tourism from emerging markets, “especially India and Russia”, but also from smaller Asian and Arab markets is expected to continue to grow strongly, predicts World Tourism Organization. Based on current trends, economic prospects and the UNWTO Confidence Index, UNWTO forecasts international arrivals to grow 3 per cent to 4 per cent next year, more in line with historic growth trends. As a general backdrop, the stability of fuel prices tends to translate into affordable air travel while air connectivity continues to improve in many destinations, facilitating the diversification of source markets. Trends also show strong outbound travel from emerging ... Read more
Falling rupee is saving inbound tourism in India
In the second week of September Union Minister K J Alphons said that rupee depreciation was good for the country’s tourism sector, and, his words seem to be true, looking at the growth of inbound tourism. The strengthening dollar and Euro has made India an attractive destination for foreign tourists. Though the outbound tourism has taken a hit, the tourism industry has high hopes regarding the inbound tourists. Alphons has said earlier last month that the central government is taking all measures to double the tourist inflow in India in next three years. Apart from foreign travellers, there’s a remarkable rise in ... Read more
China excels in Outbound Tourism
China, the most populous country in the world, had around 130 million outbound travellers in 2017, according to reports published by China’s prominent travel expert, Ctrip and China Tourism Academy. Tourists from China had spent around 111.5 billion US dollars for their holidays, that was 5 per cent more while comparing with the data from 2016. According to reports published by Chinese Government, Thailand listed the top where Chinese tourist flew the most. Over 9.48 million tourists arrived in the country in 2017. Japan-listed 2nd with over 7.36 million Chinese influence on their tourism chart, followed by South Korea 4.17 ... Read more