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India: luxury tourism revenue 2019-2023, by origin

In 2020, India is forecast to generate 3.5 billion U.S. dollars from domestic luxury tourism and around 800 million dollars more from international luxury tourism, according to a Statista study on the topic. This could represent a decrease of over 60 percent in relation to the country's total revenue generated from this tourism segment in 2019. The strong drop in luxury tourism revenue expected for India in 2020 is associated to the COVID-19 pandemic.

Total internal luxury tourism revenue in India from 2019 to 2023, by origin

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Source

Release date

July 2020

Region

India

Survey time period

2019 and 2020

Special properties

* Forecast

Supplementary notes

Internal luxury tourism revenue is defined as the revenues of a country generated by domestic and inbound international high net worth individuals (HNWI) through the acquisition of consumer goods, services, and valuables for and during trips. HNWIs have a net asset of over one million U.S. dollars and spend an average of 2,300 U.S. dollars per travel day.

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Statistics on "Coronavirus (COVID-19) - economic impact in India"

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