1. Market Research
  2. > Travel and Tourism
  3. > Tourism Market Trends

India Tourism Industry Report - 2015

  • May 2015
  • 32 pages
  • Emerging Markets Direct Media Holdings
Report ID: 3307102

Summary

Table of Contents

This report profiles India's tourism industry, discussing market trends through 2014 and outlook for 2015 and beyond. The report also highlights leading players in the sector including Indian Hotels Company Ltd, EIH Ltd and Thomas Cook (India) Ltd.



During the last decade, the Indian tourism industry went through a period of high growth with rapid increase in foreign tourist arrivals. Tourism has played an important role in the development of the country's economy. It is a service-oriented sector which not only generates foreign exchange earnings for the government, but creates substantial job opportunities and is a means of livelihood for millions of Indians. The industry involves a plethora of service providers in both organized and unorganized sectors which include travel agents, tour operators, guides, hotels, guest houses, inns, restaurants and other allied services.



2014 was a good year for the Indian tourism industry. After a slow growth in 2013, the industry revived, witnessing a growth in both foreign tourist arrivals and foreign exchange receipts. The growth picked up particularly due to increased activity in the second and third quarters which are generally lean. Domestic tourism continued its growth trend while outbound tourism also saw an increase in 2014. The outlook is bright as India's growing young population and rising per capita consumption, coupled with the improvement in infrastructure and facilities, bode well for the tourism sector.



Key Points:



o Though it is one of the core sectors of the economy, the full potential of Indian tourism is yet to be tapped. In 2014, India only received 0.68% of the world's international tourist arrivals.



o During 2006-13, foreign exchange earnings (FEEs) from tourism grew at a CAGR of 11%. In FY14, it grew by 6.6% y/y.



o During 2006-13, domestic tourist visits grew at a CAGR of 14%. The number of domestic tourists exceeded 1bn in 2012.



o During 2008-14, the number of foreign tourist arrivals (FTAs) in the country grew at a CAGR of 8% to reach 7.6mn in 2014. FTAs grew by 10% y/y in 2014, higher than the historic growth rate.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Global Sports Tourism Market 2017-2021

  • $ 3500
  • Industry report
  • August 2017
  • by Infiniti Research Limited

About Sports Tourism Sports tourism refers to a traveler’s involvement with a country or region’s sporting events. The involvement can be in an active or passive form. These sporting events include ...

Travel and Tourism Industry Business Outlook and Procurement Survey H1 2017

  • $ 1950
  • Industry report
  • June 2017
  • by GlobalData

Travel and Tourism Industry Business Outlook and Procurement Survey H1 2017 Summary GlobalData’s "Travel and Tourism Industry Business Outlook and Procurement Survey H1 2017", report examines executives’ ...

India Outbound Tourism Market: Outbound Tourists, Purpose of Visit (Holiday, VFR (Visit Friends & Relatives), Business, Others) Tourists Spending and Forecast

  • $ 1250
  • Industry report
  • September 2017
  • by Renub Research

India outbound visitors will grow with double digit CAGR of 10% nearly by 2022. This will help India Outbound Tourism Market to grow close to US$ 45 Billion by the year 2022. Growing India outbound tourism ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.