Thursday, April 3, 2008

Outbound Travel Market of India

Source: http://timesofindia.indiatimes.com/Business/India_Business/More_Indians_to_travel_abroad/rssarticleshow/2159068.cms

The US is predicted to be the most preferred destination for Indian travelers in days to come and is set to receive 10.2% of outbound tourists from India by 2011.

With departures by air accounting
for more than 98% of all departures from India, the air travel market is "clearly on a high", Euromonitor said. The sales for low-cost airlines grew by 115% in India last year, "storming ahead" of the industry average growth of 19.5%, it said.

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