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India Travel Market Slows in 2025 as Higher Fares Drive Forecast Rebound

In Brief: India’s travel market grew only 1% to $41.7 billion in 2025, but Phocuswright expects a 13% expansion in 2026, driven partly by higher airfares, domestic travel demand and continued growth in online bookings. India Travel Market Slows in 2025 as Higher Fares Drive Forecast Rebound – Image Credit Unsplash+    Market growth slows after 2024India’s travel market increased by 1% in 2025 to reach $41.7 billion, according to Phocuswright’s India Travel Market Essentials 2026 report. The result marked a significant slowdown from the 10% growth recorded in 2024.Performance differed across travel segments. Air travel was the weakest category, affected…

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