India's tour and travel revenue set to soar 15-17 per cent this fiscal: CRISIL

India's tour and travel operators are poised to see a 15-17% revenue increase this fiscal year, driven by rising domestic tourism and a growing trend towards international travel, according to Crisil's latest report. This follows a significant 40% revenue spike last fiscal, exceeding pre-pandemic levels. Key factors include improved infrastructure, rising incomes, and government support for domestic tourism. The report highlights strong financial health and operating margins for travel operators, bolstered by a shift from 'revenge travel' to more frequent vacations and an increase in both domestic and outbound travel.