Focusing on India’s ability for international travel in 2024

The Arabian Travel Market ( ATM) 2024, which returns to the Dubai World Trade Center ( DWTC ) for its 31st edition from 6 to 9 May, will focus on the Indian tourism industry with a projected value of$ 143.5 billion annually by the end of this decade.
70 % of Indians who travel abroad pick near locations, with one-third picking locations in the Middle East, according to a record by booking.com and McKinsey. The UAE is the most popular place in the region, followed by Saudi Arabia. With 1.9 million visitors in the first ten weeks of 2023, India is Dubai’s leading resource industry, according to the DET. By 2030, Saudi Arabia hopes to have 7.5 million readers.
Prior to the crisis in 2019, Indians traveled abroad 26.9 million times, and the review predicts that by 2030, that amount could rise to 50 million absences, demonstrating the large size and potential growth of India’s total outgoing industry.
The increase in inbound travel from India is largely being driven by the expanding middle class, according to Danielle Curtis, Exhibition Director ME, Arabian Travel Market. Only 37 million households had annual incomes between$ 10 000 and up to$ 35 000 in 2020, but due to India’s rapid economic growth, that number will significantly increase to 177 million homes by 2030.
” In particular, households making more than$ 35k per year will see a sixfold increase from two million in 2020 to 13 million by 2030!
It’s not surprising that the UNWTO lists India as one of the top three fastest-growing outgoing markets in the world given that its middle age is only 28 centuries. India’s total travel expenses will be valued at$ 410 billion by 2030.
Putting that into perspective, it was only worth$ 150 billion in 2019, an increase of 173 %, before Covid.
However, the excitement surrounding Middle Eastern destinations is not limited to the number of Indian tourists. The majority of American travelers who responded to an Acko Insurance survey said they were willing to spend up to$ 7, 000 on foreign travel.
Dubai is the most famous town destination for American travelers, with a three-hour flight time from Mumbai, which is another factor previously mentioned. Desire is also being driven by improved accessibility and reasonably priced atmosphere travel from tier-two cities, especially direct flights with low-cost carriers.
Business traveling and bleisure, with over 8.5 million American expatriates now employed in the GCC, will undoubtedly support this progress, added Curtis.
A document number of travel specialists representing both inbound and outbound travel to India are anticipated for ATM 2024. The opportunity to observe the Hindu travel industry through several show features, including a dedicated India Summit that may look deeper into this attractive market, will be available to delegates, exhibitors, and attendees. They will also have plenty of time to network and make fresh and business contacts.
Unlocking the True Potential of Inbound Indian Travelers will be the topic of a special India summit at ATM 2024, which will take place on Monday, May 6, at the ATM’s Global Stage, from 14:45 to 15 :25, in collaboration with VIDEC Consultants Private Limited. The Summit will examine current and potential opportunities as well as India’s dynamics as a major resource market for hospitality growth.
Since 2003, eTurboNews and Arabian Travel Market Partners
A number of well-known Indian vendors, including Air India, the Goa Department of Tourism, Madhya Pradesh Tourism Board, Uttar Pradesh Tours, Karnataka, Odisha, and Puducherry Tourism made their first appearances at the ATM next year. TBO.com, Taj Hotels, Rezlive, and Rategain have already confirmed that there will be an expected 20 % increase in Indian attendees this year. Verteil Technologies, Tulah Clinical Wellness, Zentrum Hub, and The Paul Resorts &amp, Hotels are among the new attendees to be present in the 2024 model of the display.
The 31st version of ATM will once again host a variety of stakeholders from across the Middle East and beyond in accordance with its design,” Empowering Innovation: Transforming Travel Through Entrepreneurship.”
Dubai’s Department of Economy and Tourism ( DET ), Emirates, Official Airline Partner, IHG Hotels & Official Hotel Partner; Al Rais Travel; OMC Partners; Rotana Hotels andamp, Resorts; and Registration Sponsor are among the strategic partners of ATM 2024, which is being held in collaboration with Dubai World Trade Center.
The official media mate of the Arabian Travel Market is eTurboNews. SOURCE: ATM 2024 will concentrate on India’s ability for inbound tourism.