Market Report, "India Tourism Report Q2 2016", published

India's tourism market will continue to grow and expand in the next five years as the number of arrivals is set to increase steadily and, simultaneously, the country ' s economy will increase the Indian middle and upper travelling classes. To accommodate this increase, the government is setting up policies that aim at not only improving and developing tourism infrastructure, creating new opportunities for investment, but also expanding the offers (including golf, adventure travels, spiritual travels) , thus expanding tourism to more rural areas.

Key Updates And Forecasts

The number of flight routes connecting India's main cities to other international airports is constantly increasing. Between October 2015 and January 2016 alone, the following companies launched new routes : Air Canada to Toronto, Shandong Airlines to Kunming, Spicejet to varied destinations, Air India to San Francisco, London and Dubai, Qatar Airways to Doha, and TigerAir to Singapore.

Full Report Details at
- http://www.fastmr.com/prod/1119132_india_tourism_report_q2_2016.aspx?afid=301

Investment in the hotel sector also continues to increase, with US-based Vantage Hospitality Group signing a franchise agreement with India-based Miraya Hotel Management to establish its mid-market brands in the country; Thai firm Onyx Hospitality and Kingsbridge India hotel asset management firm setting up a joint venture to open seven hotels in the country by 2018; ITC launching five other hotels in Mahabalipuram, Kolkata, Ahmedabad, Hyderabad and Colombo by 2018; and Goldman Sachs, New-York investing US$ 38.3 million in Vatika Hotels.

The India Tourism Report has been researched at source and features BMI Research's independent assessment and forecasts for tourist expenditure; government expenditure on tourism; passenger arrivals and departures by mode of transport, reason for travel, origin and destination; and the accommodation market.

BMI's India Tourism Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the Indian tourism industry.

Key Benefits
Benchmark BMI's independent tourism industry forecasts for India to test other views - a key input for successful budgetary and planning in the Indian tourism market.
Target business opportunities and risks in the Indian tourism sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in India.
Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. KPIs and latest activity).

Coverage

BMI Industry View

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- China Tourism Report Q2 2016
- Brazil Tourism Report Q2 2016
- United States Tourism Report Q2 2016
- Chile Tourism Report Q2 2016
- Japan Tourism Report Q2 2016