financeeHotelier··1 min·For: Owner, GM, Revenue, Marketing, Investor
India's Business Travel Market Poised for Double-Digit Growt
India has emerged as the world's sixth-ranked country for business travel spending, with a projected 12.5% year-over-year increase through 2026. GBTA is expanding its presence in the region to support organizations as they mature their travel policies and sustainability standards.
Key Takeaways
- 1Capitalize on India's position as the sixth largest business travel market globally, with spending projected to reach $48.3 billion by 2026.
- 2Target domestic and international segments as approximately 69% of Indian travel buyers report plan increases in both areas.
- 3Address the maturity gap in travel programs, as only 38% of Indian travel managers currently rate their programs as highly mature.
Source: eHotelier
Keep reading
Our reporting
More in finance