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Remote retreats, experiences give India hotels new growth driver
BusinessLine· 2025-12-04 04:21
Core Insights - India's largest hotel chains are focusing on curated luxury stays in unique locations to differentiate themselves in a crowded travel market [1] - The trend is driven by high-spending travelers seeking fresh and authentic experiences away from popular tourist destinations [2] Company Strategies - Indian Hotels Co., owner of the Taj brand, is aggressively expanding its portfolio, recently acquiring a majority stake in Sparsh Infratech Pvt. and partnering with boutique chain Brij [3][4] - Leela Palaces Hotels and Resorts Ltd. and boutique operators like Untitled Hotels & Resorts Pvt. are also expanding into lesser-known locations to keep pace with market demands [4] Market Potential - Analysts suggest that the luxury segment in offbeat locations could surpass the broader leisure travel market, providing alternatives for affluent Indians who prefer not to travel abroad [5] - The local travel agency WanderOn projects the segment to reach $45 billion by 2027, reflecting global trends [6] Growth Metrics - Cleartrip Pvt. reported a 300% growth in wellness-focused offerings in Q3 compared to the previous year, indicating a strong market shift [7] - Makemytrip Ltd. noted a 15% increase in packages featuring boutique properties, with nearly one-third of local holiday packages now including niche stays [8] Consumer Trends - The demand for unique travel experiences is growing, with offerings like dolphin watching and guided heritage walks becoming popular [8] - Aahana Forest Resort near Jim Corbett National Park is experiencing increased visitor numbers due to worsening pollution in Delhi, expecting a 20% revenue growth [11] Environmental Considerations - The rise in tourism is raising concerns about ecological damage, as India is now the third-largest source of tourism-related greenhouse emissions [9] - Overtourism has led to unregulated construction in fragile ecosystems, prompting calls for government intervention [10]
Le ministère du tourisme de la République d'Indonésie présentera le tourisme de luxe à l'ILTM Cannes 2025
Prnewswire· 2025-11-30 08:00
Group 1 - The Ministry of Tourism of the Republic of Indonesia is preparing to enhance the country's position in the global luxury travel market by participating in the International Luxury Travel Market (ILTM) in Cannes from December 1 to 4, 2025 [1][8] - ILTM Cannes will host over 2,200 luxury travel buyers from 85 countries, aiming to increase Indonesia's international brand visibility and strengthen partnerships [1][2] - Indonesia's participation is part of a broader strategy to position the country as a premium destination offering exclusive and meaningful travel experiences to discerning travelers worldwide [5] Group 2 - Indonesia has gained global recognition in the luxury sector, with 33 Indonesian hotels receiving Michelin keys in 2025 and several establishments recognized in the Tatler Best Awards 2025 [2] - During ILTM Cannes 2025, Indonesia plans to showcase high-end offerings, including maritime destinations, wellness retreats, fine dining, yachts, private travel, and bespoke tourism services [3] - The Ministry's global branding campaign, "Go Beyond Ordinary," aims to position Indonesia not only as a destination of extraordinary natural beauty but also as a culturally rich and emotionally engaging travel experience [4]
Das Tourismusministerium der Republik Indonesien präsentiert den Luxustourismus auf der ILTM Cannes 2025
Prnewswire· 2025-11-30 08:00
Core Insights - Indonesia's Ministry of Tourism is set to enhance the country's position in the global luxury travel market through participation in the International Luxury Travel Market (ILTM) in Cannes from December 1 to 4, 2025 [1][8] - The event will host over 2,200 global luxury travel buyers from 85 countries, aiming to increase Indonesia's international visibility and strengthen its status as a premier destination for affluent travelers [1][2] Group 1: Achievements and Recognition - Indonesia has increased its global recognition in the luxury sector, with 33 hotels awarded the Michelin Keys 2025 and several establishments listed among the top 100 hotels in the Asia-Pacific region by the Tatler Best Awards 2025 [2] - These accolades highlight Indonesia's dynamic appeal as a world-class destination for luxury accommodations, fine dining, and high-end hospitality [2] Group 2: Strategic Initiatives at ILTM - More than 100 pre-scheduled business meetings with global decision-makers are planned, where Indonesia will showcase curated premium offerings, including beach destinations, wellness retreats, fine dining, yachts, private travel, and tailored tourism services [3] - The Ministry has partnered with three Indonesian luxury brands: Celestia (yachts), Samabe Bali Suites and Villas (accommodations), and One Eleven Resorts Bali (accommodations) for this event [3] Group 3: Marketing Campaign - All activities at ILTM Cannes support the global marketing campaign "Go Beyond Ordinary," positioning Indonesia not only as a destination of extraordinary natural beauty but also as a deeply emotional journey enriched by culinary wealth, cultural warmth, and serene landscapes [4] - The participation in ILTM is part of a broader strategy to position Indonesia as a premium destination offering exclusive, authentic, and meaningful travel experiences for discerning travelers worldwide [5]
Wellness Tourism Market is Expected to Clock Revenue of USD 3,276.5 billion by end of 2035 | Future Market Insights, Inc.
Globenewswire· 2025-03-11 12:30
Core Insights - The wellness tourism market is projected to grow significantly, reaching USD 1,213.8 billion in 2025 and expanding to USD 3,276.5 billion by 2035, with a CAGR of 10.4% [2][4] Market Drivers - Increasing consumer awareness of health and fitness, rising stress levels, and a desire for unique travel experiences are key factors driving market growth [5][6] - The rise in disposable incomes, especially in emerging economies, allows more individuals to invest in health-focused travel experiences [5] - The growing prevalence of chronic diseases is prompting consumers to seek alternative and preventive health solutions [5] Regional Insights - The USA's wellness tourism market is expected to grow at a CAGR of 10.1% from 2025 to 2035 [10] - The UK's sector is projected to grow at a CAGR of 9.8% during the same period [10] - The European Union is set to see a CAGR of 10.7%, while Japan and South Korea are forecasted to grow at 9.6% and 10.3%, respectively [10] Sustainability Trends - Sustainability is becoming increasingly important, with travelers seeking eco-friendly destinations and services [8] - Wellness resorts are adopting sustainable practices, such as organic food and energy-efficient buildings, to align with consumer values [8] Luxury Wellness Tourism - Luxury wellness tourism is gaining traction as affluent travelers seek high-end wellness retreats that combine luxury with health [9] - These luxury experiences include world-class spa treatments and advanced wellness technologies [9] Technology Integration - The integration of technology in wellness tourism is creating new opportunities, including virtual wellness programs and mobile wellness apps [12] - This hybrid model allows travelers to engage in wellness experiences from home, enhancing overall guest experiences [12] Challenges - High costs associated with luxury wellness services can limit accessibility for a broader range of travelers [16] - The lack of standardization in wellness services can lead to consumer confusion and dissatisfaction [16] - Seasonal demand fluctuations and cultural variability in wellness practices pose challenges for attracting a global audience [16]