India, Indonesia set for travel 'bonanza' as middle classes expand

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India, Indonesia set for travel 'bonanza' as middle classes expand - Business Standard

Quick Summary:

Younger tourists spend significantly more on food and drinks and like to go on so-called bleisure trips, where the line between leisure and business is blurred.

The “big tigers” like Singapore, Thailand and Japan will continue to perform well, along with upcoming markets such as Vietnam and Indonesia — Southeast Asia’s most populous country and biggest economy.

Asia has seen a rather slow post-pandemic recovery compared to other parts of the world.