Travel News and Updates: inbound tourism

Travel and tourism are gearing up since last decade. India has ranked at the eighth position in the business travel market, crawling up two positions. Travel and Tourism businesses are willing to make an investment in India after looking at the exceptional growth. An organizer of an industry said that India’s travel business market will reach USD 93 billion by 2030. These businesses are looking forward to capitalizing on seeing the country’s potential growth. 

At the 6th annual MICE India and Luxury Travel (MILT) Congress, a premier B2B event company will lead the forging business opportunities and partnerships. Indian tourism department is spending more after seeing the growth. 50 million outbound tourists by 2020 are predicted by the United Nations World Tourism Organisation (UNWTO). 

"India has been maintaining an annual GDP growth rate of 6-8 percent since 2013, and this strong economic momentum is rubbing off on the country's outbound MICE and luxury travel sector, enabling these segments to post a double-digit year-on-year growth”, Ackash Jain, Director said to QnA International. Jain thinks this outbound marketing is providing new dimensions with great opportunities. 

Source: The Pioneer

10th edition of the Great Indian Travel Bazaar (GITB) 2018 is to take place from April 22 to April 24 in Jaipur. 
Dr Jyotsana Suri (Chairperson FICCI Tourism Committee and past president FICCI) said that in a span of 10 years, GITB has gone from strength to strength and was now a force to reckon with in the inbound tourism marts. The main theme of this year’s edition of the bazaar is to focus on inbound tourism.

During the event -"10936 business to business structured pre-fixed meetings are to take place with over 280 foreign tour operators from 55 countries”.

Apart from Host State – Rajasthan, Tourism Departments of 9 States will be participating which include Gujarat, West Bengal, Madhya Pradesh, Odisha, Andhra Pradesh, Telangana, Goa, Punjab and Tamil Nadu.
Additionally report state that, The Minister of State (Independent Charge) for Tourism, Government of India, K.J. Alphons will inaugurate the exhibition on 23rd April. And Chief Minister of Rajasthan, Vasundhara Raje shall grace the inaugural session as Chief Guest. 

Source: uniindia