Indian travel bookings projected to rise 60% despite passenger decline
The Indian travel industry is projected to grow 60% as expensive flight tickets drive higher booking values, reaching an estimated ₹2,100 million, while passenger numbers on Indian airlines fell 6% year‑on‑year in July‑August 2026. The increase in flight booking value is attributed to higher ticket prices rather than a rise in passenger volume.1
Higher costs for international travel are also boosting the booking value for buses and domestic hotels, and the bus segments of online travel agencies MakeMyTrip and ixigo are expected to see booking value rises of 20% and 30% respectively.1