India Travel Market Report 2020-2024
- Published:
- May 2021
- Research Type:
- Report
- Figures:
- 6
- Segments:
- Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Rail, Traditional Agencies & TMCs
- Regions:
- Asia Pacific
Summary
The India travel market faces significant challenges, following a year of pandemic-related lockdowns and restrictions. While coronavirus case rates initially fluctuated, by the beginning of 2Q21 the country was paralyzed by a second wave of infections that is likely to derail travel recovery in the short term. Still, mobile penetration has set new records as travelers increasingly turn to their mobile devices to plan and book their trips. Regardless, it will be several years before there is a full recovery to pre-pandemic levels. This report provides an overview of the India travel market, including key developments, market characteristics, distribution trends and major players in each segment.
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An Open Access subscription provides company-wide access to the whole library of Phocuswright’s travel research and data visualization.