Chetan Kapoor

With a fast-growing economy and solid infrastructure development across roadways, airports and hotels, India’s travel market is advancing rapidly. India travel gross bookings were projected to grow 9% year over year in 2018 in rupee terms, and will maintain similar gains through 2022. This report provides current data, charts and analysis on the Indian travel market, with sizing and projections from 2016-2022.

Air accessibility – and affordability – is the biggest ongoing development in India, and the government’s regional airport development program is promoting connectivity to smaller cities and towns. Meanwhile, the country’s hotel market is undergoing a supply transformation as the stay experience at budget and unbranded hotels becomes more standardized. This publication presents a high-level view of the Indian travel market, focusing on the need-to-know developments, trends and stories that are impacting the market now.

India’s online travel market is approaching maturity, as more segments transition to digital channels. Through 2022, online travel gross bookings will grow in double digits and outpace the overall travel market. Still, offline sales remain very prominent for travel distribution because of generally low digital payments adoption and weak credit card penetration. This report provides a top-level overview of the Indian travel market, including background, key characteristics, market structure and major players in each segment.

Since 2008, Phocuswright has tracked the digital travel startup landscape, publishing annual State of Travel Startups reports beginning in 2012. Since then, digital travel has undergone tremendous transformation, and startups continue to lead the wave of disruption in the global travel industry. This report – covering startups that launched in or after 2008 –  provides a detailed view of the current state of travel startups, including regional analysis, funding levels and business focus.

Since 2008, Phocuswright has tracked the digital travel startup landscape, publishing annual State of Travel Startups reports beginning in 2012. Since then, digital travel has undergone tremendous transformation, and startups continue to lead the wave of disruption in the global travel industry. This report contains, in spreadsheet format, a complete list of travel startups that launched in or after 2008, including  company names and URLs, funding information, current status and more.

With positive macro factors in place, India’s online travel bookings are thriving, with double-digit growth projected through 2021. As Indian travelers have gained travel experience, their travel frequency has increased, and more are venturing out beyond the country’s borders for the first time. This report provides insight into the Indian online leisure traveler, including general traveler behavior, motivations, purchase incidence and spend, as well as research, shopping and booking practices.

Online travel agencies (OTAs) represent the fastest-growing online distribution channel in Asia Pacific (APAC), with aggregate gross bookings projected to climb 68% from 2017 to 2021. China is APAC's biggest OTA market, and the mobile channel now accounts for a majority of OTA bookings in the region. The report presents an overview of the Asia Pacific OTA landscape from 2015-2021, including gross bookings, major players, key trends, the impact of mobile and more.

The Asia Pacific (APAC) travel market continues to reap the benefits of a vibrant economy and ongoing infrastructure development supporting travel and tourism, and as a result APAC is now the world’s largest regional travel market. Across the region, travel has become a popular lifestyle choice among the growing middle and upper classes, and travel gross travel bookings are projected to register high single-digit annual growth from 2017 to 2021. This report presents findings on the Asia Pacific leisure travel market, with sizing and projections from 2015-2021.

The Asia Pacific region is blossoming with digital travel startups vying to disrupt the status quo of incumbent intermediaries that have been around for more than a decade. APAC startups are garnering astonishing investor attention and implementing viable strategies to bolster local market adoption. This report takes a comprehensive look at the APAC travel startup ecosystem from 2005-2017, with a focus on key investors and acquisitions, and the vertical and horizontal categories that are generating the most interest and activity.

Phocuswright has tracked thousands of digital travel startups worldwide founded since 2005. Over the last 5+ years, a flood of travel-focused investors, incubators, accelerators and entrepreneur support programs have launched to connect promising startups with capital, mentorship and resources. This report presents a comprehensive, 360-degree view of today’s travel startup landscape, and provides essential insights on travel technology founding and funding trends across regions and segments.