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Indian travellers spend well

Indian travellers are some of the world's biggest spenders on holiday.

A study, published by Colliers International, which has been prepared ahead of the Arabian Travel Market 2019 (ATM) event, predicted that nine million Indians will travel to the Arab states of the Persian Gulf in the next five years.

Danielle Curtis, Exhibition Director of the Arabian Travel Market, said: "Despite recent weak rupee exchange rates, which have seen the rupee lose around 14 percent of its value against the US dollar over the last 12 months, the Indian outbound market has continued to grow at an average annual growth rate of 10-12 percent over the last seven years. The GCC has benefited from this trend with Indian travellers' willingness and ability to spend on outbound travel supported by the country's pace-setting seven percent GDP growth and a new generation of leisure attractions in the Gulf Cooperation Council (GCC) as well as increased business opportunities and relaxed visa regulations for Indian nationals."

And with an increase in disposable income across the ever-expanding middle class, Indians are spending more money at their destinations too.

Curtis added: "A rapidly growing younger population combined with a burgeoning middle class - currently representing 350 million of India's total population - who have an increasing amount of disposable income, provide strong indications that the country will continue to see a steep rise in the number of nationals travelling abroad over the coming years."

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