India’s trillion-dollar wedding industry is back, larger and grander than ever before. Fueled by rising income levels, a growing number of high-net-worth individuals, and the charm of celebrity weddings, destination weddings, both domestic and international, are on the rise, which is expected to gain further momentum driven by India’s favorable demographics. Read on to know more.
Remote work has opened several new avenues for hotels, including new customer segments and ancillary revenue streams. However, with most companies across industries now getting back to a hybrid or full work-from-office model, will these concepts continue to grow?
Caravan tourism, a well-established niche segment of experiential tourism globally, is still at a nascent stage in India. Collaborative efforts by government agencies and industry stakeholders can help this segment become a success.
The Indian tourism sector is gradually coming back to life after the second wave of the pandemic in the country. State governments are taking several steps to revive the sector, some of which have been highlighted in this article.
Domestic leisure tourism in India is finally receiving the pedestal it always deserved, with hotel companies renewing their focus on increasing footprint at leisure destinations in the country in the post-COVID era. However, there is significant untapped potential in this segment as India has several fledgling tourist places where travelers still struggle to find good quality branded accommodation.
India is known for its rich heritage and cultural diversity. Heritage tourism has the potential to lead the revival of travel & tourism sector in the country and collaborative efforts by the public and private sectors will be crucial going forward.