India Set To Dominate Outbound Tourism As Market Reaches USD55bn By 2034, Spotlight At ATM

Mar 25, 2025 - 21:30
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India Set To Dominate Outbound Tourism As Market Reaches USD55bn By 2034, Spotlight At ATM

India’s outbound tourism market is set to reach USD 55bn by 2034, showcasing remarkable growth at Arabian Travel Market 2025, with a strong focus on global expansion.

India’s tourism sector is witnessing significant expansion, driven by rising disposable incomes, a growing middle class, and enhanced global connectivity. As the nation’s influence in international travel and hospitality grows, India’s inbound and outbound tourism offerings will take center stage at the upcoming Arabian Travel Market (ATM), scheduled from April 28 to May 1 at the Dubai World Trade Centre.

According to Future Market Insights, India’s outbound tourism market is projected to soar to USD 55 billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 11.4% over the next decade. This surge is largely fueled by millennials’ increasing appetite for international travel and unique global experiences. Additionally, STR’s research indicates that India is increasingly becoming one of the most sought-after source markets, with numerous destinations ramping up efforts to attract Indian travelers.

In 2024, Dubai recorded 3.14 million overnight visitors from South Asia, with India contributing a substantial share, boosting the total number of international visitors to 18.72 million—a nine percent increase from the previous year.

STR’s data further highlights that hotel supply in India has grown at a CAGR of over 3% in the past decade, with 114,000 new rooms added since 2014. Developer interest remains robust, reflected in increased hotel occupancy rates in eight out of the last ten years, signaling ongoing demand for accommodation.

India’s participation at ATM this year will highlight this growth, with a 41% year-on-year increase in exhibitor numbers. Key participants include the India Ministry of Tourism, Air India, Air India Express, and regional tourism boards from Goa, Karnataka, Madhya Pradesh, and Uttar Pradesh.

India will also be a focal point in the ATM conference programme, which includes 68 sessions across three main stages: the Global Stage, Future Stage, and the newly introduced Business Events Stage. On April 30, marketing experts will discuss the power of multimedia in connecting global audiences and creating hyper-localized campaigns, with particular focus on markets such as India and China.

A notable session, “The Big Ticket Events: Global Impact and Learnings,” will examine the booming sectors of sports tourism and events tourism, highlighting initiatives like Saudi Arabia hosting Indian Premier League matches, which is expected to foster greater tourism ties between India and the Middle East.

On the final day of ATM, Euromonitor will share global market insights on the Asia-Pacific region, shedding light on the key trends shaping traveler profiles across the region. Later, Shivani Gupta, Managing Partner at SPAG – A FINN Partners Company, will delve into India’s Next Gen Traveler, exploring critical trends and strategies for tapping into the world’s fastest-growing tourism market.

For its 32nd edition, ATM will focus on the theme, “Global Travel: Developing Tomorrow’s Tourism Through Enhanced Connectivity.” This theme underscores the importance of bridging borders, industries, and communities to reshape the tourism landscape and promote sustainable practices that will define the future of travel.

ATM 2025 will see more than 2,600 exhibitors and a projected attendance of over 47,000 visitors. Over 161 global destinations will be showcased, reinforcing the international scope of this event.

Held at the Dubai World Trade Centre, ATM’s strategic partners include Dubai’s Department of Economy and Tourism (DET) as Destination Partner, Emirates as Official Airline Partner, IHG Hotels & Resorts as Official Hotel Partner, and Al Rais Travel as Official DMC Partner.

As the premier event for inbound and outbound tourism professionals in the Middle East, ATM remains a central hub for the global travel and tourism industry. Last year, ATM attracted over 48,000 attendees and featured more than 35,000 visitors, along with over 2,550 exhibitors from 161 countries. Arabian Travel Market is a key component of Arabian Travel Week.

ATM 2025 will take place from April 28 to May 1 at the Dubai World Trade Centre.

Arabian Travel Week, from April 28 to May 4, will bring renewed attention to the Middle East’s travel sector, featuring new events such as Business Events @ATM, MICE-focused activities, Start-Up Competitions, influencer events, the GBTA Business Travel Forum, and ATM Travel Tech. It will also host ATM Buyer Networking and a series of country-focused forums.

The post India Set To Dominate Outbound Tourism As Market Reaches USD55bn By 2034, Spotlight At ATM appeared first on Travel And Tour World.

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