In the last few years, with a higher disposable income, the Indian middle class has been exploring a range of holiday destinations. This has boosted the Indian travel and tourism industry. In fact, both the World Travel and Tourism Council (WTTC) and World Tourism Organisation (UNWTO) had predicted that Asia, specifically India and China, will drive the future of tourism.
The data released by ministry of tourism (MOT)and WTO has verified this prediction, according to which, tourism in Asia has witnessed a double-digit growth despite the worldwide economic slowdown . According to the data released by MOT, foreign tourist arrivals (FTA) to India during January 2012 was 6.81 lakh as compared to FTA of 6.24 lakh during January 2011 - a year-on-year (y-o-y ) growth of 9.2%. |