Indian outgoing travel will be ‘the story’ of the next years, states Hilton executive
Indian tourists invested $34.2 billion on outgoing travel in 2023, according to the World Travel & & Tourism Council.The present level of Indian travel is "tiny" compared with what's to come, Alan Watts, Hilton's Asia-Pacific president, informed "Squawk Box Asia" Monday."The story for India is before us," he stated. "India outbound will be the story of the next years."By 2034, Indian tourists' outgoing invest is predicted to more than double to $76.8 billion, according to the World Travel & & Tourism Council's Economic Impact 2024 report-- which would make the nation the seventh-largest travel spenders on the planet, up from 12th in 2023."When you think about India, it has the attributes of China, which is the 2nd biggest lodging market on the planet," stated Watts. It has "1.4 billion ind...