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Emerging Opportunities and Growth Prospects in the Indian Travel Intermediaries Industry: Analyses and Forecasts to 2016
Publication Date Jan 2012
Publisher BRICdata
Product Type Report
Pages 49
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India was ranked the eleventh-most-attractive tourist destination in the Asia-Pacific region by the World Economic Forum in 2010. Furthermore, travel and tourism is the largest service sector business in India, contributing 6.23% to the national GDP, and representing 8.78% of the total country’s employment. The volume of tourists in the country grew from 466.8 million in 2006 to 710.6 million in 2010, at a compound annual growth rate (CAGR) of 11.03% during the review period (2007–2011). Rising tourist volumes and the subsequent growth of potential customers for the travel intermediaries industry can be attributed to factors such as India’s robust economic growth and government initiatives including granting infrastructure status to tourism developments and incentivizing private investments in tourism in the form of income tax exemptions and interest subsidy provisions.

Scope
This report provides an extensive analysis of the travel intermediaries industry in India:
• It details historical values for the Indian travel intermediaries industry for 2007–2011, along with forecast figures for 2012–2016
• It provides top-level analysis of the overall travel intermediaries industry, as well as individual category values for both the 2007–2011 review period and the 2012–2016 forecast period
• The report contains a detailed analysis of demand drivers, market entry strategies and marketing and growth strategies in the Indian travel intermediaries industry
• The report profiles the top travel intermediaries companies in India

Reasons to Buy
• Take strategic business decisions using top-level historic and forecast market data related to the Indian travel intermediaries industry and each sector within it
• Understand the demand and supply-side dynamics within the Indian travel intermediaries industry, along with key market trends and growth opportunities
• Assess the competitive landscape in the travel intermediaries industry in India, and formulate effective market-entry strategies
• Identify the growth opportunities and dynamics within the industry’s key categories, including travel agents, tour operators and online travel sites

Key Highlights
• India’s strong economic forecast and positive business confidence will fuel growth in the travel intermediaries industry
• The Indian travel intermediaries industry is projected to grow from INR679.9 billion in 2012 to INR1,218.3 billion in 2016, at a CAGR of 15.7% over the forecast period (2012–2016)
• The Indian government is implementing policies aimed at assisting the growth of the travel intermediaries industry and has allowed 100% foreign investment in the hotel and tourism-related industries
• Mobile travel applications are expected to change the dynamics of the overall travel intermediaries industry
• Metasearch engines are the latest innovation in the online travel sites market


Companies Mentioned

PrimeTravels Erco Travels Pvt. Ltd Cox & Kings Limited Thomas Cook (India) Limited (TCIL) MakeMyTrip Limited Yatra.com Cleartrip

1 Executive Summary
2 India Travel Intermediaries Industry Environment
2.1 Macroeconomic Fundamentals
2.2 Business Confidence
2.3 Consumer Confidence
3 Market Size and Growth Potential of Indian Travel Intermediaries Industry
3.1 Travel Agents
3.2 Tour Operators
3.2.1 Tour operator market size by type of bookings
3.3 Online Travel Sites
3.3.1 Online travel sites market size by type of bookings
4 Key Demand Drivers of India Travel Intermediaries Industry
4.1 Tourist Volume
4.2 Leisure and Business Tourists
4.3 Spending Pattern of Domestic and International Tourists
4.4 Total Internet Subscriptions
5 Market Entry Strategy for India Travel Intermediaries Industry
5.1 Market Regulations
5.2 Market Entry Route
5.3 Mergers and Acquisitions
6 Marketing and Growth Strategies
7 Competitive Landscape of Indian Travel Intermediaries Industry
7.1 Travel Agents Competitive Landscape
7.1.1 PrimeTravels
7.1.2 Erco Travels Pvt. Ltd
7.2 Tour Operators Competitive Landscape
7.2.1 Cox & Kings Limited
7.2.2 Thomas Cook (India) Limited (TCIL)
7.3 Online Travel Sites Competitive Landscape
7.3.1 MakeMyTrip Limited
7.3.2 Yatra.com
7.3.3 Cleartrip
8 Appendix
8.1 About BRICdata
8.1.1 Areas of expertise
8.2 Methodology
8.3 Definitions
8.4 Disclaimer

List of Tables
Table 1: India – GDP at Constant Prices (US$ Billion), 2007–2016 (Base Year 1999–2000)
Table 2: India – Inflation Rate (%), 2007–2016
Table 3: India – Annual Disposable Income (US$ Billion), 2007–2016
Table 4: India –Total Market Size of Travel Intermediaries (INR Million), 2007–2011
Table 5: India –Total Market Size of Travel Intermediaries (INR Million), 2012–2016
Table 6: India – Total Market Size of Travel Agents (INR Million), 2007–2011
Table 7: India – Total Market Size of Travel Agents (INR Million), 2012–2016
Table 8: India – Total Market Size of Tour Operator (INR Million), 2007–2011
Table 9: India – Total Market Size of Tour Operator (INR Million), 2012–2016
Table 10: India – Market Size of Tour Operators by Revenue Source (INR Million), 2007–2011
Table 11: India – Market Size breakdown of Tour Operators by Revenue Source (INR Million), 2012–2016
Table 12: India – Market Size of Online Travel Sites (INR Million), 2007–2011
Table 13: India – Market Size of Online Travel Sites (INR Million), 2012–2016
Table 14: India – Market Size Breakdown of Online Travel Sites by Revenue Source (INR Million), 2007–2011
Table 15: India – Market Size Breakdown of Online Travel Sites by Revenue Source (INR Million), 2012–2015
Table 16: PrimeTravels, Key Facts
Table 17: PrimeTravels, Main Services
Table 18: PrimeTravels, Key Employees
Table 19: Erco Travels Pvt. Ltd, Key Facts
Table 20: Erco Travels Pvt. Ltd, Main Services
Table 21: Erco Travels Pvt. Ltd, Key Employees
Table 22: Cox & Kings Limited, Key Facts
Table 23: Cox & Kings Limited, Main Services
Table 24: Cox & Kings Limited, Key Employees
Table 25: Thomas Cook (India) Limited, Key Facts
Table 26: Thomas Cook (India) Limited,, Main Products and Services
Table 27: Thomas Cook (India) Limited, Key Employees
Table 28: MakeMyTrip Limited, Key Facts
Table 29: MakeMyTrip Limited, Main Products and Services
Table 30: MakeMyTrip Limited, Key Employees
Table 31: Yatra.com, Key Facts
Table 32: Yatra.com, Main Products and Services
Table 33: Yatra.com, Key Employees
Table 34: Cleartrip, Key Facts
Table 35: Cleartrip, Main Products and Services
Table 36: Cleartrip, Key Employees
Table 37: Market Intelligence Travel and Tourism Definitions

List of Figures
Figure 1: India – GDP at Constant Prices (US$ Billion), 2007–2016 (Base Year 1999–2000)
Figure 2: India – Inflation Rate (%), 2007–2016
Figure 3: India – Business Confidence Index, 2007–2011
Figure 4: India – Annual Disposable Income (US$ Billion), 2007–2016
Figure 5: India – Unemployment Rate (%), 2003–2015
Figure 6: India – Total Market Size of Travel Intermediaries (INR Million), 2007–2011
Figure 7: India – Total Market Size of Travel Intermediaries (INR Million), 2012–2016
Figure 8: India – Total Market Size of Travel Agents (INR Million), 2007–2011
Figure 9: India – Total Market Size of Travel Agents (INR Million), 2012–2016
Figure 10: India – Total Market Size of Tour Operator (INR Million), 2007–2011
Figure 11: India – Total Market Size of Tour Operator (INR Million), 2012–2016
Figure 12: India – Market Size Breakdown of Tour Operators by Revenue Source (%), 2007–2011
Figure 13: India – Market Size breakdown of Tour Operators by Revenue Source (%), 2012–2016
Figure 14: India – Total Market Size of Online Travel Sites (INR Million), 2007–2011
Figure 15: India – Total Market Size of Online Travel Sites (INR Million), 2012–2016
Figure 16: India – Market Size Breakdown of Online Travel Sites by Revenue Source (%), 2007–2011
Figure 17: India – Market Size Breakdown of Online Travel Sites by Revenue Source (%), 2012–2015
Figure 18: India – Travel Intermediaries Industry, Demand Drivers
Figure 19: India – Total Tourists Volume (Million), 2007–2016
Figure 20: India – Tourist Volume by Type (Million) and Travel Intermediaries Industry Size (INR Million), 2007–2016
Figure 21: India – Total Spending Pattern of Domestic Tourists by Category (INR Million), 2007–2016
Figure 22: India – Spending Pattern of Inbound Tourists by Category (INR Million), 2007–2016
Figure 23: India – Internet Subscriptions (Millions), 2007–2016

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