India,China to drive global tourism industry

China and India are the key hospitality markets that will have rapid tourism growth.

China and India are the key hospitality markets that by 2015 will have rapid tourism growth on year-on-year basis than the United Kingdom,France or Japan,reveals a new report.

According to Hospitality 2015: Game Changers or Spectators by Deloitte,middle classes of China and India along with the aging population of the US are two demographic trends that will create new patterns of travel and demand.

It says the middle classes of China and India will create new trends as their travel patterns evolve from domestic to regional to international. India alone is forecast to have 50 million outbound tourists by 2020.

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“In the emerging markets,the rise of the middle classes will drive significant new demand for both leisure and business hospitality,” said Alex Kyriakidis,Global Managing Partner of Tourism Hospitality & Leisure at Deloitte.

He said the greatest future potential in these markets would lie in developing mid-market and economy-branded products aimed at the domestic traveler and in promoting the Middle East as a cultural destination.