According to the research report titled ‘Impact of COVID-19 Outbreak on Indian Outbound Travelers Traffic and Market Revenue to the GCC (United Arab Emirates (UAE), Saudi Arabia, Oman, Qatar, Kuwait, and Bahrain) Countries’, available with MarketStudyReport, GCC countries are expected to attract 7.7 million Indian travelers to generate USD 12 billion in revenues by the year 2025.
 

Relaxed visa regulations for Indian nationals, increasing leisure attractions, introduction of new airline routes, surging MICE (Meetings, Incentives, Conventions, and Exhibitions) segment, and the advent of eco-tourism in countries such as the UAE and Oman are propelling India outbound tourism market to GCC countries.
 

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/2650862/
 

The research report aims to provide an overview of the Indian outbound travelers traffic to major continents while also highlighting the revenues generated by Indian outbound traffic in Gulf countries. It specifies the present volume of Indian outbound travelers visitation to GCC countries, and forecasts visitation volume by 2025.
 

An analysis of India’s annual GDP (gross domestic product) determines the historical purchasing power parity of tourists over 2010-2017 to provide a better estimate of the revenue scope of India outbound tourism market to GCC countries. Furthermore, the study presents other statistics pivotal to determining industry remuneration, such as weekly flights & seats from India to GCC countries.
 

Notably, the COVID-19 pandemic resulted in months long lockdowns and travel restrictions across several economies, which led to a stagnation in development of several sectors. However, the introduction and rollout of vaccines is expected to expedite the return to normalcy in the upcoming years. The report thoroughly analyzes the impact of the coronavirus pandemic on the industry and provides strategies to cope with the evolving business scenario.
 

Lastly, the document uses a country-focused analysis to evaluate the India outbound tourism market to GCC countries. In this context, six nations, namely Saudi Arabia, UAE, Oman, Kuwait, Qatar, and Bahrain are scrutinized with reference to market share, revenue generated, and estimated growth rate over the forecast period.