ABOUT FABIAN MEDIA

Fabian Media is a company with interests in publishing and distribution. Established in 2013, Fabian Media delivers world-class content through various multimedia channels including print and online portal.

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Fabian Media is a company with interests in publishing and distribution. Established in 2013, Fabian Media delivers world-class content through various multimedia channels including print and online portal.

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  • Phone: 9560264449
  • Email: babita@fabianmedia.net

India''''s Domestic Tourism Growth Fueled by Inbound Travel and Confidence in the Economy

 India's domestic tourism is set to continue its strong growth, boosted by the country's presidency of G20 and the increasing number of conferences and exhibitions held within India, according to Madhavan Menon, Chairman, and Managing Director of Thomas Cook (India). Menon also expects a rise in long-haul outbound travel from India with the arrival of summer in Europe and the US.The shift in consumer behavior following the pandemic, with a focus on enjoying the present and increased confidence in the economy, has contributed to the surge in domestic tourism. Menon notes that people are now taking more frequent breaks and opting for multiple domestic trips, including short weekend getaways.Menon emphasizes that Indians will still engage in short-haul and long-haul travel, with the transformation from savers to spenders being an important trend. The confidence in the growing economy, job security, and optimism for the future further drive this behavior.The development of infrastructure, including airports and hotels across India, is another factor propelling the growth of domestic tourism. Additionally, India's emergence as an economic power and the hosting of significant global events like the G20 summit will attract more tourists to the country.Menon highlights the increasing activity in international travel to India for government conferences and exhibitions, as India now has the necessary infrastructure to host such events.Regarding outbound travel from India, Menon mentions a surge in short-haul trips to destinations like Dubai, Abu Dhabi, Mauritius, Malaysia, and Thailand. Long-haul travel is expected to increase in the current quarter as winter in Europe ends and visa restrictions ease.Menon also notes a shift in travel trends, such as a significant increase in travel to Japan and Korea during the first quarter.In conclusion, group travel is gaining momentum, and customized travel is growing across all segments of the tourism industry in India.

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Fabian Media is a company with interests in publishing and distribution. Established in 2013, Fabian Media delivers world-class content through various multimedia channels including print and online portal.

Babita Sharma (MD) +91-9560-264449, +91-9540-264449

Vedika Sharma (Editor & Publisher) +91-9643-454949, +91-9990-426236


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