Outbound travel surged, Indian travellers embraced spiritual journeys and fuelled sustainable trends this year. However, experts hope for a better revival for inbound tourism in 2024
“It was a landmark year for tourism given it was the first full year of business after Covid-19,” says Ashish Gupta, consulting CEO of the Federation of Associations in Indian Tourism and Hospitality (FAITH). Although factors such as GoFirst’s insolvency, the war in Ukraine, the emerging conflict in the Middle East, and the tense India-Canada relations, along with increasing inflation and fuel prices, have impacted the industry adversely, travel demand remained resilient, showing no signs of decline.