Why Buy?
IOTB is the only B2B platform for connecting Outbound Travel agents and outbound tour operators in India and China.
If you are already working with India, China or exploring the potential the worlds fastest growing travel market has for you, IOTB will ensure that, using the directory, you meet the key decision makers in these market.
ABOUT INDIA OUTBOUND MARKET:
International tourism departures from India have grown from 3.7 million in 1997 to 9.8 million in 2007 and international tourism expenditures have increased from US$ 1.3 billion in 1997 to US$ 8.2 billion in 2008.
.Indian outbound travel is fast growing. Already crossed the 12 million marks and going by the WTTC's figure, the number will touch 50 million by 2020. International tourism departures from India have grown from 3.7 million in 1997 to 9.8 million in 2007 and international tourism expenditures have increased from US$ 1.3 billion in 1997 to US$ 8.2 billion in 2008.
India has a sizeable population of 300 million middle class and had 153,000 millionaires in year 2010 and making the country's high net-worth individual (HNI) population 12th largest across the globe,. Moreover, India also has a record 69 billionaires with combined net worth of $300 billion.
International flight frequencies to India have tripled to nearly 2,600 per week from around 700-800 in 2004-05. More than 55 foreign airlines are currently operating to India. There are nearly 28 million passport holders.
A large number of Foreign Tourist Offices, overseas products and theme parks that have set up their offices in India. Various foreign tourism boards are developing their strategy to foray into the Indian market to drive the outbound traffic to their respective countries from India.
ABOUT CHINA OUTBOUND MARKET:
International tourism departures from China have grown rapidly in recent years. A combination of China's fast-emerging middle class, improved transport links and more favourable policies are all contributing to the boom of outbound tourism. The World Tourism Organisation (WTO) has estimated that the total number of outbound tourists from China Will reach 100 million by 2020.
According to the WTO: “The top ten ranking by international tourism spenders shows one remarkable change in 2010, with China (US$ 55 billion) moving up into third position, overtaking the United Kingdom (US$ 49 billion). China has shown by far the fastest growth with regard to expenditure on international tourism in the last decade, multiplying expenditure four times since 2000. Ranking as the seventh biggest source market in 2005, it has since overtaken, respectively, Italy, Japan, France and the United Kingdom.”*
Moreover authorities in Beijing recently granted licenses to three foreign companies to organize tours for outbound Chinese tourists. TUI is the first European tour operator, CITS American Express Travel Services for the US and JTB New Century International Tours for Japan. The move is seen as key to opening up the country’s lucrative outbound market.
WHY BUY IOTB?
- Buy IOTB and get access to India and China outbound travel agents, tour operator.
- IOTB is a 100% outbound B2B. One Subscription for all Outbound Directories.
- IOTB is a multilingual platform to get connected with Outbound travel agents, operators.
