Treating the Soul with Meaningful Travel Experiences
In India, the Indian tourism and travel industry have exponentially grown in the past few years, and with digitalization and technology penetrating the landscape, experience has taken the center stage in travelling choice of the millennials, and thus people's experiential approach to the industry is incessantly driving growth. Experiential travel brings along direct social benefits, right from immediate income generation to overall infrastructure development that majorly serves the aspects of sustainable travel.
According to ResearchAndMarkets.com's report, the travel services market in India is poised to grow by $11.78 billion during 2022-2026, accelerating at a CAGR of 11.38 percent. The factors attributing to this market are increase in the number of M&A, partnerships, and strategic alliances, increasing international tourist footfall, and increasing adoption of online payment platforms. Moreover, increased contribution of travel and tourism to GDP and employment and technological advances in mobile based and website-based travel service platforms will be leading to sizable demand in the market.
Post pandemic most travellers are largely making choices on localized and personalized experiences entirely different from the one observed in conventional leisure and pleasure travel. Looking for experiences rather material possessions people are pushing it hard to learning a new skill during travel, having a rich health & wellness experience alongside, and leaving out their comfort zones they are perceiving family oriented visits, experience new culture, tradition & history, food and more. Conceiving this evolution in the industry, many prolific Experiential Travel and Learning companies are dynamically delivering to the emerging expectations of people with experiential travel and learning today, and helping realize this growth opportunity in the market.
Understanding the ample opportunities in this sector, this issue of Siliconindia magazine brings you a list of ‘10 Most Promising Experiential Travel & Learning Companies - 2022' which were selected by comprehensive examination by industry CEOs, VCs, CXOs and Siliconindia editorial board. We truly expect these institutions to meet your needs and we assure you that the list is prepared as we recognize the valuable contributions of the industries in the ever- expanding and competitive market.
According to ResearchAndMarkets.com's report, the travel services market in India is poised to grow by $11.78 billion during 2022-2026, accelerating at a CAGR of 11.38 percent. The factors attributing to this market are increase in the number of M&A, partnerships, and strategic alliances, increasing international tourist footfall, and increasing adoption of online payment platforms. Moreover, increased contribution of travel and tourism to GDP and employment and technological advances in mobile based and website-based travel service platforms will be leading to sizable demand in the market.
Post pandemic most travellers are largely making choices on localized and personalized experiences entirely different from the one observed in conventional leisure and pleasure travel. Looking for experiences rather material possessions people are pushing it hard to learning a new skill during travel, having a rich health & wellness experience alongside, and leaving out their comfort zones they are perceiving family oriented visits, experience new culture, tradition & history, food and more. Conceiving this evolution in the industry, many prolific Experiential Travel and Learning companies are dynamically delivering to the emerging expectations of people with experiential travel and learning today, and helping realize this growth opportunity in the market.
Understanding the ample opportunities in this sector, this issue of Siliconindia magazine brings you a list of ‘10 Most Promising Experiential Travel & Learning Companies - 2022' which were selected by comprehensive examination by industry CEOs, VCs, CXOs and Siliconindia editorial board. We truly expect these institutions to meet your needs and we assure you that the list is prepared as we recognize the valuable contributions of the industries in the ever- expanding and competitive market.
