Travel, Hotels, And Dining Are Becoming India’s Biggest Spending Priorities

Summary

Indian spending on experiences, such as travel, hotels, and dining, is expected to outpace spending on physical goods from 2025 to 2030. This experiential spending is likely to grow at a rate of 10.3 percent per year, with hotel accommodation spending growing even faster at 10.6 percent per year. The trend is primarily driven by Generation Z, who currently represent the largest demographic group in the Asia Pacific region and are forecast to expand their spending faster than any other generation.