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New Class of Consumers Drives Double-Digit Growth in India’s Travel Market

By: PhoCusWright Connect

Two new reports from PhoCusWright reveal that despite a slowing economy, rising fuel prices and a troubled aviation sector, India's travel marketplace is expanding rapidly, and is poised for strong double-digit growth for the next several years. The total travel market advanced 14% in 2011, and will continue to expand at a similar pace. The country's upwardly mobile middle class is growing, they are increasingly tech-savvy, and they have a strong appetite for travel. May 30 Webinar – Register NowPhoCusWright analysts share insight and present key findings from PhoCusWright's Asia Pacific Online Travel Overview Fifth Edition: India and PhoCusWright's India Consumer Travel Report. Learn More PhoCusWright's Asia Pacific Online Travel Overview Fifth Edition: India and the upcoming PhoCusWright's India Consumer Travel Report – Asia Pacific and Global Edition publications – illustrate the remarkable transformation of the country's travel marketplace. "A new...

Date: May 24th, 2012 @ 03:00

Categories: Independent Travel, Travel Industry News

This post was originally posted by PhoCusWright Connect @ PhoCusWright's FYI.
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