Alan Watts, President of Hilton in Asia-Pacific, speaking to CNBC about the future of the travel industry in India, highlighted the rapid growth of the sector and how this could potentially reshape global tourism.
Watts noted that Indian travelers spent 34.2 billion euros on outbound travel in 2023, as reported by the World Travel & Tourism Council. However, he stated that this figure represents just the beginning of what is to come. “The story with India is ahead of us,” he said. “Outbound India will be the ‘story’ of the next decade,” he added.
By 2034, Indian travelers are expected to more than double their spending on international travel reaching 76.8 billion dollars, according to the World Travel & Tourism Council’s…
