- Thu, Mar 16, 2023 8:17 AM
Arabian Travel Market (ATM) 2023, which will return to Dubai World Trade Centre (DWTC) for its 30th edition from May 1-4, will focus on the Indian tourism sector due to a predicted increase in outbound journeys over the next two years.
Indians spent a record US$ 10 billion on overseas travel in the first nine months of 2022, up 43 percent from pre-Covid numbers, according to Reserve Bank of India (RBI) data. By 2024, Indian business consultants Nangia Anderson LLP and the Federation of Indian Chambers of Commerce & Industry (FICCI) predict 27 million outbound trips worth US$ 42 billion. Middle East tourism growth after the pandemic.