Leisure to grow by 7.6%

According to a latest report by World Travel & Tourism Council (WTTC) on the economic impact of travel and tourism industry in India, leisure travel spending generated 94.6 per cent of direct travel and tourism GDP in 2017.

Leisure travel spending is expected to grow by 7.6 per cent in 2018 to ₹14,127.1 bn, and rise by 7.1 per cent pa to ₹28,154.5 bn in 2028. Business travel spending is expected to grow by 6.7 per cent in 2018 to ₹806.4 bn, and rise by 7.0 per cent pa to ₹1,589.7 bn in 2028.

Source: WTTC