Travel operators to record 15-17% revenue growth this fiscal due to rising domestic tourism & interest in overseas travel: CRISIL

According to CRISIL Ratings, rising domestic tourism and increasing propensity to travel overseas will expand revenue of India’s tour and travel operators by a robust 15-17 per cent this fiscal. The growth in revenue will be on a high base of last fiscal, when revenue jumped ~40% year-on-year to about ₹14,500 crore, surpassing the pre-pandemic peak by ~20%.