The global travel market size is estimated to grow by USD 2.86 trillion from 2024-2028, according to a leading global technology research and advisory company Technavio. The market is estimated to grow at a CAGR of 11.1% during the forecast period. Growing popularity of experiential travel is driving market growth, with a trend towards increasing international tourist footfall. The online travel market is booming, with a significant increase in bookings during the pandemic. Domestic tourism is on the rise as people opt for micro trips and new experiences. Mobile apps and online travel agents are making holiday planning easier, offering customized tours, private tours, and luxury travel packages. Car rentals and accommodation facilities are also adopting digital transformation, providin...
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# Visa Applications Surged by 20% for Taylor Swift’s Eras Tour, Reflecting Growing Trend in Experiential Travel # atlys Reports a 15-18% Inbound Increase in Visa Applications Amid Upcoming Festival Celebrations Like Diwali and Durga Puja # Young Adults Aged 25-35 Drive a 10% Increase in Visa Requests for the Dil Illuminati Tour atlys, the leading visa processing platform, has reported a significant uptick in visa applications driven by travellers seeking out global concerts, sports events, and festivals. This shift highlights the growing preference for experiential tourism, where people travel to immerse themselves in unique events and cultural celebrations rather than traditional sightseeing. According to the OECD’s Tourism Trends and Policies report, the focus o...
Read MoreCreating an opportunity in the crisis Rajasthan Studio weaves a unique experience for travellers Travel is slowly but firmly moving from mass to niche. This is a trend which will be gaining strength further as we move towards new normal in travel sector. While COVID-19 induced lockdown has been a total disaster for travel, tourism and hospitality sector in general across the globe, there had been few entrepreneurs who sensed an opportunity in this impasse and started carving a place for themselves. Rajasthan Studio has been one among the handful. It curates art trips for travellers, thus exposing them to another aspect of travel. And, it is definitely not about taking traveller to an art emporium. It is way beyond that, where it brings artists and art lovers together on a journey th...
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