MICE Press Release

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Pressrelease

The meteoric rise of the Indian travel market in the recent past has been both intriguing and encouraging to the travel industry both in India and overseas. With a CAGR* of 13% in 2017 and featuring at the 3rd place among the top 15 markets ranked by 2012 - 2017 CAGR, Indian travel market is only just beginning the stint to realize its true potential. In spite of this outstanding growth, a vast range of untapped potential awaits to be explored with the right channels and due diligence. One such very promising aspect of India’s travel potential is its business travel sector fostering the MICE market that currently generates over 5.1 million tourists annually. …

    Pressrelease

    The astounding growth of the MICE market in India over the last decade has triggered a plethora of business opportunities for an array of hospitality and travel driven industries. India is the second fastest growing nation in gross numbers of outbound travelers after China and with a projected CAGR of 12% over the course of next five years, GBTA expects the country to climb into the sixth spot by 2019 in terms of market value. Nurturing a vision to complement this meteoric rise of this robust MICE market and connect the global solution providers to the domestic buyers across India, MICE Conclave has been conceived by Exito Media Concepts. …