[1/2] Members of the Shivkumar-Manjunatha family from India walk and take pictures during their first time familiy holiday trip to Thailand at Patong beach in the island of Phuket, Thailand July 14, 2023. REUTERS/Jorge Silva
BANGKOK/NEW DELHI, July 17 (Reuters) – Indian tourists are streaming into Southeast Asia, cementing the world most populous country’s position as a key growth market for a travel and tourism sector that is feeling the pinch of China’s slower-than-expected re-opening.
From airlines like IndiGo (INGL.NS) and Thai Airways (THAI.BK) to hospitality chains offering thousands of rooms, companies are tapping into India’s burgeoning middle-class and growing spending power, executives and analysts said.
Indian tourists flock to Southeast Asia as China’s reopening falters
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