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India Tourism Report Q3 2015

64 Pages BMI Research May 06, 2015 SKU: BMI5552897

India Tourism Report Q3 2015

BMI View: The India tourism report looks at a range of key indicators in this established tourismdestination in the competitive Asia Pacific region, including forecasts for inbound and outbound travelvolumes and the impact of growth on industry value and tourism related expenditure. Overall India offersenormous growth potential, a fact recognised by many leading domestic and global hotel groups which arefocused on extensive expansion plans across the country.

India has a strong inbound tourism market, attracting visitors from a diverse range of source markets inEurope, Asia and North America. This has helped it to offset declines from major source markets such asRussia in recent months. A relaxation of visa restrictions, and a new online visa application, are yieldingtangible benefits are overall we expect to see visitor numbers increase by 5% to reach 7.4mn this year.

There are some headwinds to growth, however, including an increasingly negative safety perception whichhas seen visitor numbers in some areas (such as the Taj Mahal) declining. Considering the size and range ofIndia's attractions, there is substantial long term growth potential in terms of inbound tourism.

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India Tourism Report Q3 2015

BMI Research
May 06, 2015

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