Report India Travel Market Essentials 2025

India Travel Market Essentials 2025

Published:
September 2025
Research Type:
Report
Figures:
9
Segments:
Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Rail, Tours & Packages
Regions:
Asia Pacific
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Summary

India’s travel market is accelerating at a pace few global sectors can match. Gross bookings climbed 11% in 2024 to $41.5 billion, fueled by domestic demand, rising discretionary spend and infrastructure gains. Online penetration reached 56%, with OTAs and suppliers racing to capture growth in a rapidly digitalizing economy. Airlines and hotels are expanding aggressively despite capacity and supply bottlenecks, while rail modernization and a fast-growing car rental sector add new momentum. With outbound travel surging and niches like destination weddings, medical tourism and sports travel scaling rapidly, India is poised to reshape global tourism dynamics through 2028.

Please note: The India Travel Market Essentials 2025 is part of Phocuswright’s Asia Pacific Travel Market Report 2025 series. With the single purchase of this series, the following reports (available now or publishing soon) are automatically included at no additional cost:

Analysts
Coney Dongre
Coney Dongre