{"id":622110,"date":"2023-12-12T10:44:41","date_gmt":"2023-12-12T05:14:41","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=622110"},"modified":"2023-12-12T12:09:43","modified_gmt":"2023-12-12T06:39:43","slug":"tour-and-travel-sector-to-post-revenue-growth-at-12-14-in-fiscal-2025-says-crisil-ratings","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tour-and-travel-sector-to-post-revenue-growth-at-12-14-in-fiscal-2025-says-crisil-ratings\/","title":{"rendered":"Tour and travel sector to post revenue growth at 12-14% in fiscal 2025, says CRISIL Ratings"},"content":{"rendered":"<p>The Indian tour and travel sector is expected to post a healthy growth of 12-14 per cent in fiscal 2025, said a report by CRISIL Ratings. The growth will be driven by continuing high air fares and volumes almost at pre-Covid levels across segments, including long-haul travel where visa-related challenges are easing, it added. Moreover, the revision in the rate of tax collected at source (TCS) on overseas travel packages may not have a material impact on demand. <\/p>\n<p>\u201cThe growth in fiscal 2025 will be on a high base of the current fiscal, where the sector is poised for a robust on-year revenue growth of ~30 per cent, or ~18 per cent above the pre-pandemic peak,\u201d it stated.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Indian tour and travel sector is expected to post a healthy growth of 12-14 per cent in fiscal 2025, said a report by CRISIL Ratings. The growth will be driven by continuing high air fares and volumes almost at pre-Covid levels across segments, including long-haul travel where visa-related challenges are easing, it added. Moreover, the revision in the rate of tax collected at source (TCS) on overseas travel packages may not have a material impact on demand. \u201cThe growth in fiscal 2025 will be on a high base of the current fiscal, where the sector is poised for a [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[196,130,138],"tags":[],"class_list":["post-622110","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/622110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=622110"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/622110\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=622110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=622110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=622110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}