Wednesday, June 26, 2024 The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) highlights a remarkable recovery in India’s Travel & Tourism sector, with domestic tourism being a key driver. The research indicates that while domestic tourism is boosting the sector’s recovery, international travel spending is still below pre-pandemic levels. According to the latest findings, the sector’s contribution to India’s GDP reached over INR 19.
13TN in 2023, surpassing 2019 levels by nearly 10%. Employment in the Travel & Tourism sector grew by 10%, reaching just under 43MN, which is 8% higher than in 2019. Domestic visitor spending was 15% higher than in 2019, totaling INR 14.
64TN. However, international visitor spending was over 14% lower than in 2019, with INR 0.4TN less spent by international visitors last year compared to 2019.
The significant growth in domestic visitor spending demonstrates that domestic tourists have been crucial in the sector’s post-pandemic recovery. Julia Simpson, WTTC President & CEO, said; “India’s Travel & Tourism sector is bouncing back with remarkable vigour, driven by a surge in domestic tourism. “While international visitor spending is still catching up, the unwavering support from local travellers showcases the resilience and potential of this dynamic sector.
With continued strategic efforts, India is set to shine as a global tourism powerhouse. “The Indian Government’s ambition to facilitate 100MN inbound.
