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Learn moreOne of the most significant findings from the report is the shift toward experience-driven travel. According to ibis data, 58 per cent of respondents globally believe that "experiences are better than stuff," which is reshaping the way Gen Z and Millennials plan their trips. From attending concerts to exploring local cultures, young travellers are increasingly focused on personal growth, cultural connections, and community-building experiences.
This surge is not just reflective of increased travel numbers, but a broader recovery of India’s domestic aviation sector. The number of travellers has more than doubled, as people across the country are preparing to visit family and celebrate the festival of lights. On average, passengers are booking their trips 27 days in advance, securing flights to some of India’s most popular destinations during Diwali.
As of July 2024, India ranked fifth in international tourist arrivals to Indonesia, with 417,703 Indian tourists visiting, constituting 62.64 per cent of the 2024 target. Nepal has also shown remarkable growth, with a 65.5 per cent increase in Nepali tourists visiting Indonesia as of June 2024. With direct flights from New Delhi and Bangalore to Bali, Indonesia is strategically focusing on these two cities as key markets for outbound tourism.
IndiGo, set to carry over 110 million passengers in 2024, will now leverage Amadeus’ advanced technology and vast network to extend its reach to new markets and customer segments. Amadeus, with its 96 per cent global coverage of NDC-ready travel sellers, offers IndiGo an opportunity to distribute its content more efficiently and elevate its retailing capabilities.
Blackstone Inc. is exploring options for selling its majority stake in VFS Global, a visa outsourcing and technology services firm, after receiving interest from potential investors. The company may consider bringing in a minority investor to raise funds and support growth. Discussions are at an early stage and no final decision has been made.
The report, based on a survey of 7,250 respondents across 14 Asia-Pacific markets, reveals that travel is the second-highest expense for Indian consumers, following ‘everyday spend’ on groceries and retail shopping. Millennials spend the most on travel, with the category making up 34 per cent of their annual budget, while Gen Z, Gen X, and Boomers spend significantly less—USD 2,622, USD 3,059, and USD 2,600 per annum, respectively.
The International Air Transport Association (IATA) has raised concerns about rising airport charges in India, which could impact the growth of the aviation industry. IATA Director General Willie Walsh emphasized the need for regulations to control costs and ensure more people can afford air travel. India's investment in infrastructure is commendable but requires careful cost management.
In an exclusive interview with ET TravelWorld, Ismail Butun, General Manager at Türkiye Tourism Promotion and Development Agency (TGA), shared insights into the recent growth of Türkiye’s tourism sector, with a particular focus on the booming Indian market. Türkiye, known for its rich cultural heritage and breathtaking landscapes, has seen a significant increase in Indian travellers, reflecting a broader trend of growth in global tourism.
The aviio platform will empower stakeholders, including airlines, ground handlers, retail staff, and CISF personnel, with real-time data, providing passengers with up-to-date information on security checks, gate changes, baggage handling, and more. This technology is set to redefine operational efficiencies and passenger comfort at Adani's seven operational airports, with an eighth set to launch in 2025.
South Africa's new Trusted Tour Operator Scheme (TTOS), starting in January 2025, aims to attract more tourists from India and China by simplifying the visa process. The initiative is expected to boost tourism and job creation. Approved tour operators will manage group visa applications, ensuring faster processing and less bureaucracy.
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