Do you believe Demonetization had negative impact on travel industry?

Figures speak for themselves.

The world’s largest democracy (India) sent the maximum number of visitors to the Emirate state for the second consecutive year in 2016 and accounted for more than one-fifth of the growth in tourist arrivals in Dubai.

dubai_03

Dubai is the largest overseas travel destination for Indians. In 2016, a total of 1.8 million Indians visited Dubai either for business or leisure. In fact, 12 out of every hundred overseas visitors that Dubai had last year was an Indian. Further, the number of Indians who visited Dubai surged by 12 per cent last year, on a high base of 1.6 million in 2015.

About 20 million Indians travelled overseas for business or leisure in 2015 to substantiate his argument that we are a tax non-compliant society. The numbers for 2016 are not known but trends show that there should’ve been a double-digit jump.

bangkok

On an average, every Indian spends more than three nights in Dubai and visitors include those opting for high-end luxurious hotels to three-star accommodations. People splurge on restaurants and shopping. He said that one out of every five visitors to Dubai comes for business, as trade ties continue to grow between India and the UAE.

Well, Dubai is not the only country benefiting from the rising number of Indian overseas travellers. In 2016, Singapore reported an eight per cent surge in travellers from India, which also overtook Australia to become the fourth largest source market for arrivals. A total of 1.09 million Indians visited Singapore in 2016 and constituted close to seven per cent of total international visitors. According to the Singapore Tourism Board, growth from India is helped by rising numbers in tier-I and tier-II cities.

kualalumpur

More countries welcome over a million Indians every year. Thailand, a popular budget tourist destination celebrated the arrival of a million Indian tourists (1.06 million) in 2015 and attracted 12 per cent more Indian visitors in 2016. A total of 1.19 million Indians visited Thailand last year.

Other countries are keen to grow the number of visitors from India to a million. Malaysia, which received 0.72 million visitors from India in 2015, hopes to welcome as many as a million visitors. “This year, we hope to achieve high targets from India, as much as one million arrivals,” says Malaysian Tourism and Culture Minister Datuk Seri Mohamed Nazri Abdul Aziz.  A number of other destinations are seeing a double-digit growth in Indian visitors as well, though on a smaller base. These include countries such as Australia, South Africa and Kenya, among others.

Source: Business Standard

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s