Corporate travel to hit $20.8bn by 2030: Report by Deloitte India.



Airlines and Hotels currently make up 70% of India's $53-billion travel market.


India's corporate travel market is expected to grow from $10.6 billion to $20.8 billion by FY30, driven by sectors like IT, BFSI, and aviation. Business and professional travel accounts for 17% of Indian departures, with a $2.2 billion international air travel market. Key trends include "bleisure" and "workcations," fueled by post-pandemic behavior shifts. Airlines and hotels dominate 70% of the $53 billion travel market. Travel management companies are focusing on AI and real-time data to enhance efficiency.


Stocks which can get benefit from this:- InterGlobe Aviation Ltd (IndiGo Airlines), Indian Hotels Co Ltd, RateGain Travel Technologies Ltd., etc.


(Note:- Bleisure means Business + Leisure, Workcation means Work + Vacation, AI - Artificial Intelligence)

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