2008-10-07 13:53:10 -
Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report analysing the status of the Indian biofuels market. The report 'Indian Toursim Analysis', available at www.reportbuyer.com/go/RCS00439 provides a thorough insight into the Indian tourism market. With a focus on different parameters of tourism industry the report offers a look into inbound and outbound tourism, expenditure by inbound tourists, medical tourism, as well as hotel industry.
India represents one of the tourism markets with most potential
and has expanded rapidly over the past few years. Underpinned by government support, rising income level and various international sports events, the tourism industry will continue to grow at a fast pace. However, the industry may have to cope up with several challenges which will limit its growth.
Key findings of the 65-page report include:
- India is expected to see an influx of 10 million international tourists by 2010, up from 5 million in 2007.
- Andhra Pradesh, Uttar Pradesh, Tamil Nadu, Karnataka and Rajasthan are the leading tourism destinations in India, in terms of total tourist arrivals.
- India has been promoting its healthcare tourism by providing visitors with private healthcare facilities. It is expected that the total market for medical tourism will reach US$ 2 billion by 2012, representing a compound annual growth rate (CAGR) of 60.69%.
- Personal disposable income during 2002-2007 grew at a CAGR of 14.16%, thereby driving domestic as well as outbound tourism.
- Indian outbound tourist flow is expected to increase at a CAGR of 13.30% over the five-year period spanning from 2008 to 2012.
- India's share in the global tourism is expected to reach 1.5% by 2010.
- The growth in India's tourism market is expected to serve as a boom, driving the growth of several associated sectors, including the hotel, medical and aviation industries.
'Indian Toursim Analysis' is available from Report Buyer. For further information, please visit:
www.reportbuyer.com/transport_travel/country_overviews_transport ..
Report Buyer product ID: RCS00439
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